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JOHN MAGNIER
John Magnier (born 1948 in Fermoy, County Cork, Ireland) is Ireland's leading thoroughbred stud owner and has extensive business interests outside of the horsebreeding industry. He has been a senator in the Irish Parliament, Seanad Éireann.
John Magnier received his formal education at Glenstal Abbey in County Limerick but had to leave school at 15 on the death of his father to take charge of the family farm near Fermoy in County Cork. From an early age he showed a remarkable talent for matching bloodlines and soon gained a reputation as an up and coming stallion master. He later moved to Fethard, County Tipperary, where he transformed Coolmore Stud into a multi-million Euro international business. The business is headquartered in County Tipperary where a number of other stud farms are part of an extensive network which includes Longfield and Castlehyde studs. The operation also has branches in Versailles, Kentucky and at Jerry's Plains in New South Wales, Australia.
Outside the equine business, John Magnier has proven to be an astute investor and together with associates J. P. McManus and Dermot Desmond has enjoyed phenomenal success. A high profile venture was his stake of 28.89 per cent shareholding in the famous football club, Manchester United F.C., which was sold in May 2005 to Malcolm Glazer, an American businessman. A personal friendship with manager Alex Ferguson was tested in a dispute over bloodstock rights to prolific Group 1 winner (7 wins) Rock of Gibraltar which currently stands at Coolmore.
John Magnier is said to be the most influential man in horseracing and breeding worldwide, even over Sheikh Mohammed bin Rashid Al Maktoum. While his fortune is in the realms of speculation, Mr Magnier’s wealth is estimated at up to £1.3 billion.
He is married to Susan, the daughter of Vincent O'Brien, Irish trainer of racehorses. The couple have five children: Tom, John Paul (JP), Michael Vincent (MV), Sam and Katie. While the sons have already made their mark in the business, Katie was married in August 2002 to trainer David Wachman, in a high profile ceremony in the Augustinian Abbey of Fethard.
John Magnier lives in the Canton of Valais in Switzerland.