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Ireland's former richest man has fortune wiped out
Sean Quinn was once Ireland's richest man, with an empire ranging from insurance to hotels that made him a fortune calculated at around €5bn (£4.4bn). But his fortune has been entirely wiped out after the management winding down Anglo Irish Bank moved in on his business in an attempt to recover €3bn he and his family personally owe the bank. It appointed a "share receiver" to the Quinn Group, which has substantial interests in the UK and a second "share receiver" to Quinn Finance Holdings, which holds a number of property investments for the family.