- John Magnier
name = John Magnier
birth_date = 10 February 1948
occupation = Businessman
John Magnier (born 10 February 1948 in
Fermoy, County Cork) is Ireland's leading Thoroughbredstud owner and has extensive business interests outside of the horsebreeding industry. He has been a Senator in the upper house of the Irish Parliament, Seanad Éireann. He is based at Coolmore Studat Fethardin County Tipperarywhich is now regarded as the World's pre-eminent stallion station and nursery of thoroughbreds.
The son of a
County Cork dairy farmer, John Magnier received his formal education at Glenstal Abbeyin County Limerickbut 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 Studinto a multi-million Euro international business. The business is headquartered in County Tipperarywhere 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, Kentuckyand at Jerry's Plains in New South Wales, Australia.
John Magnier began his association with Coolmore in partnership with his father-in-law and champion racehorse trainer,
Vincent O'Brien, and Vernons Pools magnate, Robert Sangster. They developed the best racing horses and breeding stock, mainly by purchasing the progeny of the great Canadian stallion Northern Dancer. Their forays to the bloodstock sales at Keenelandfurthered their rising stock at home. Eventually, John Magnier came to head the operation and thus began an upward spiral of success. His racing empire, which became arguably the most successful on the planet, is nowadays powered by a huge string of blue-blooded thoroughbreds trained at Ballydoyleby Aidan O'Brien, plus dozens of others in the care of a number of other trainers.
Champion sires to have stood at Coolmore include the incomparable Sadler's Wells (retired from stud duties in 2008) who was champion sire of Europe on 14 occasions, though his success in his later years was somewhat eclipsed by the astonishing exploits of three other Coolmore stallions, namely Danehill and his own sons Galileo and
Montjeu. Other notable Group 1 winners who have turned successfully to stud duties are Danehill Dancer and Giant's Causeway.
Less successful at Coolmore was George Washington, winner of the 2,000 Guineas and
Queen Elizabeth II Stakesin 2006. George Washington proved infertile, was returned to racing, and suffered a fatal breakdown in the 2007 Breeders' Cup Classic. George Washington was replaced at stud by another son of Danehill, Holy Roman Emperor, removed from training at the start of his three-year-old season. The strength of thoroughbred talent residing at Coolmore is indicated by the fact that nine of the eleven winners of the blue riband of the turf, the Epsom Derby, between 1998 and 2008 were sired by Coolmore stallions (High Estate, Fairy King, Grand Lodge, Sadler's Hill (twice), Danehill, Montjeu (twice) and Galileo).
Outside the equine business, John Magnier has proven to be an astute investor and together with associates J. P. McManus,
Dermot Desmond, Michael Taborand Derrick Smith 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 Fergusonwas 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, a conservative Sunday Times Rich List estimated his wealth at €2 billion (£1.6 billion), making him among the richest in both Britain and Ireland. Coolmore Stud is estimated to be worth more than €4 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.
Dassault Falcon 7Xjets.
* [http://www.coolmore.com/ Coolmore Stud]
* [http://www.independent.ie/business/irish/83644bn-value-put-on-magniers-coolmore-stud-1332243.html "Rich List"]
* [http://news.bbc.co.uk/sport1/hi/front_page/3434311.stm "Magnier - The secretive tycoon" BBC]
Wikimedia Foundation. 2010.
Look at other dictionaries:
John Taylor (1834-1922) — est un acclimateur de la Côte d Azur, chef jardinier de Sir Thomas Robinson Woolfield au Château Saint Georges et à la Villa Victoria à Cannes. Vice consul d’Angleterre dans cette même ville, c’est à l’immobilier qu’il doit cependant sa… … Wikipédia en Français
Claude Magnier — Activités Auteur dramatique Naissance 20 janvier 1920 Paris Décès 21 juin 1983 Paris Distinctions … Wikipédia en Français
Edmond Magnier — Pour les articles homonymes, voir Magnier. Pierre Joseph Magnier dit Edmond Magnier (20 avril 1841, Boulogne sur Mer 30 mars 1906) est un journaliste français du XIXe siècle. Biographie En 1860, il obtient pour son livre Dante et le Moyen… … Wikipédia en Français
J. P. McManus — John Patrick McManus (born 1 March 1951) is an Irish businessman and racehorse owner.Born in Limerick, he began his business career at his family’s construction plant hire firm, and then became an on course bookmaker at Limerick’s greyhound track … Wikipedia
Manchester United F.C. — MUFC redirects here. For other uses, see MUFC (disambiguation). Manchester United … Wikipedia
Manchester United Football Club — Manchester United Nombre completo Manchester United Football Club Apodo(s) The Red Devils (Los diablos rojos) … Wikipedia Español
Glazer ownership of Manchester United — Manchester United Football Club is an English football club based in Old Trafford, Greater Manchester. The club was formed as Newton Heath LYR Football Club, the works team of the Lancashire and Yorkshire Railway depot in Newton Heath, in 1878.… … Wikipedia
Rock of Gibraltar (horse) — Thoroughbred racehorse infobox horsename = Rock of Gibraltar caption = Rock of Gibraltar sire = Danehill grandsire = Danzig dam = Offshore Boom damsire = Be My Guest sex = Stallion foaled = 1999 country = Ireland flagicon|Ireland colour = Bay… … Wikipedia
Dylan Thomas (horse) — Dylan Thomas Dylan Thomas at 2007 Hong Kong Vase Sire Danehill Grandsire Danzig … Wikipedia
Vincent O'Brien — Dr. Michael Vincent O Brien (born April 9 1917 in Churchtown, County Cork, Ireland) is a retired Irish race horse trainer. He is no relation to his namesake, Aidan O Brien, another Irish race horse trainer. In 2001 he was voted the greatest… … Wikipedia