Almost half of all TDs in Leinster House are worth more than €1m, according to the Sunday Independent's Political Rich List.

The first-of-its-kind research project has estimated the combined potential wealth of all 158 TDs to be in excess of €216m.

The analysis by the paper’s financial expert Karl Deeter found that central to this wealth is the gold-plated public service pensions which TDs receive on retiring from politics.

Independent Tipperary based TD Michael Lowry is the wealthiest politician in the Dail.

Mr Lowry's State pension and personal assets are estimated to be worth a massive €6.4m.

The second wealthiest TD is Kerry TD Michael Healy-Rae, with an estimated value of €5.4m.

Former Taoiseach, Mayo deputy  Enda Kenny is fifth wealthiest TD with an estimated value of €4.7m.

Fine Gael is by far the richest political party with all 50 TDs having a combined wealth of €80m.

Fianna Fail's 44 TDs are worth almost €70m, while Sinn Fein's 23 members of the Dail are worth an estimated €12m.

0
0
0
s2smodern

Latest News