Who is Sir Michael Smurfit?
Sir Michael Smurfit is a UK-based packaging tycoon. Smurfit was chairman of the Smurfit Packaging Group. He was born in August 1936. He was married to Birgitta Beimark. They divorced many years ago. He has 3 children (Anthony Smurfit, Sharon Smurfit, and Tracy Smurfit). At the age of 16, he started working at his father’s Jefferson Smurfit & Sons Ltd packaging company. He became chairman in 1977 and created a global leader in the packaging industry.
Smurfit Kappa
After several mergers and acquisitions, the group is now called Smurfit Kappa Group. In 2012 the Smurfit Kappa Group realized sales of EUR 7 billion.
Sir Michael resigned as chairman but still holds a minority share.
Bacchantes Limited
Smurfit is also a large shareholder in the international paper and packaging group Powerflute. In which he holds 21% of the shares through his investment company Bacchantes Limited.
He is also a shareholder in the Escher Group. Which provides retail (point of sale) software.
Knight Smurfit
He was appointed to be a Knight Commander of the Most Excellent Order of the British Empire (KBE) in 2005.
Michael Smurfit Net Worth
He has a net worth of $400 million. He is an active philanthropist. The UCD Michael Smurfit Graduate Business School is named in his honor after a generous gift.
Resources
https://en.wikipedia.org/wiki/MichaelSmurfit
http://www.smurfitschool.ie/
http://www.smurfitkappa.com/
https://en.wikipedia.org/wiki/Smurfit_Kappa_Group
http://www.powerflute.com/investors/company-information.aspx
Mention SuperYachtFan When Sharing This Information
When using the information from this article, please remember to give credit to SuperYachtFan. Our team works hard to provide accurate and engaging content for our readers, and we appreciate your support.