Becoming a billionaire endows you with the capability to provide comfort for your parents, as demonstrated by the Stripe co-founders, John (aged 33) and Patrick (aged 35) Collison’s parents, Denis and Lily. Not long ago, they relocated their official address to a stylishly updated property on Ailesbury Road, acquired some years previously through a Delaware-based firm, Fair City LLC, by their sons. This property, remodelled by developer Conor Rhatigan, previously changed hands in 2020 for a sum of €3.5 million, though it has not yet been officially recorded in the Property Price Register.
Living the life of directors at Abbeyleix House and Farm Ltd, John’s majestic manor in Co Laois presently under intensive renovation, Denis and Lily Collison have also been actively involved in their sons’ affairs. This is indeed quite a distance from their previous rural abode in Dromineer, Co Tipperary, where they infamously installed a satellite link to attain adequate broadband access for internet usage.
The sale of Tathony House, a 34-flat redbrick edifice in Dublin 8, has also raised eyebrows recently, as it became a point of contention for its inhabitants, causing several demonstrations and complaints to the Residential Tenancies Board. Initial suggestions from evidence presented by the building proprietor, Ronan McDonnell, hinted at a potential sale figure of around €4 million if the tenants were retained. However, the amount was estimated to boost to €6 million if the site was vacant. This hypothesis turned out to be true, with the property selling for €5,695,000 in June, after the last tenants moved out, the Property Price Register reveals. Dublin City Council, presumably interested when the tenants were present, confirmed that it wasn’t the current buyer of the property.
In conclusion, Mr. and Mrs. Collison are ascending in society, precisely to Ailesbury Road, while on the streets of Dublin, Rachel Connolly experienced an unsolicited remark from a stranger, causing her to react defensively.
Caitríona Balfe’s earnings are unexpectedly impressive
Caitríona Balfe, an actress from Ireland, has quietly amassed quite a fortune compared to her compatriots in the acting industry. She has secured her financial stature by starring in the enduring historical drama series, Outlander, which has been on air for nearly ten years. The recent financial documents from Byron Benirras Ltd, her primary corporation based in London, confirm her enormous wealth, listing a staggering €9.77 million in preserved profits till the end of last year. In addition, Balfe, a former model, is a partner in a gin-producing company named Forget Me Not, and owns a piece of real estate valued over €2 million.
High prices for Brittas Bay mobile homes
To afford a property at Jack’s Hole, the mobile home park in Brittas Bay, one would need a significant portion of Balfe’s millions. The coastal mobile home development stunned everyone a few years ago when a beachfront property was listed for sale at an astounding €495,000, and eventually sold at a price not far from its listed rate. Entry to this enclave of 72 units in Co Wicklow has maintained high prices. Recently a slightly smaller property attained a sale price of €395,000; ensuring the park’s owners, a group of Dublin investors, remained eager to expand further.
A recent planning proposal submitted to the Wicklow County Council requested permission to build eight more mobile homes together with a five-a-side football ground, a pair of pickleball courts and a padel tennis court, along with a provision for a space where residents could park their boats and jet skis.
Tax Appeals Commission’s judgement of interest
Street artists across Ireland may pay attention to a recent decision made by the Tax Appeals Commission. Rachel Macmanus appealed to the Tax Appeals Commission when the Irish Revenue rejected her application for a tax exemption for her mural paintings in her home county of Co Clare, considering them to be “decorative” rather than artistic works. She pointed out that the term “decorative” implies that her work is reduced to “wallpaper status,” devoid of any cultural or historical influence. Macmanus stressed that her pieces are not mere beautification of power boxes or walls with pleasant colours. All of her works are commissioned by the Clare Arts Office and are location-specific.
“The painted mural that portrays the life of Tom Steele, an Irish political figure and close friend of Daniel O’Connell, serves as an example. It is situated in Ennis’ De Valera Park and presents two significant historical events from Steele’s life,” she underscored. The commission endorsed Macmanus last week, providing her with a tax-exempt status on her income earned from commissions and determining her creations as public artworks produced with considerable expertise and attention.
The existence of Clara Lara, which has been a popular place for Irish kids to channel their adventurous spirit since its conception in Wicklow County in the early 1980s, is facing threatening setbacks due to climate change. Overcoming numerous difficulties over the decades, including the order to pay a compensation of more than €10,000 to a young female participant who got injured in a boating accident while the park lacked insurance, is additional.
Presently, climate change appears to be this adventure park’s most daunting obstacle. The proprietor of the park, Joan Byrne of Rathdrum, made a request last week to the Wicklow County Council, seeking approval to christen a Christmas-centric attraction during the winter season within the park. Upon approval, the park will welcome yuletide log houses, Santa’s dwelling, reindeer, and local artisan and designer stalls for the public.
The request highlighted the ongoing decline of the traditional 16-week summer season, lasting from May through to September. “This weather-dependent enterprise is grappling with soggy summers resembling the current season due to alterations in Ireland’s climate,” the park accentuated. As per the owner, Clara Lara, to maintain its operations, needs to diversify its offerings, given the unpredictable visitor headcount, rising staff expenses and heightened insurance premiums.
We remain hopeful for Santa’s grand arrival atop the adventure park’s signature rope swing.”