Irish Rich List 2020: profiles 6-17 | Irish Rich List | The Sunday Times

2022-04-21 06:49:53 By : Ms. Marcia Yang

6 SIR DAVID MCMURTRY Engineering €1.832bn (£1.612bn) ▲€362m Dublin-born McMurtry, 80, admits it has been a “particularly challenging year” for Renishaw, the Gloucestershire precision engineering group he co-founded, which has been badly hit by Covid-19. With the aerospace and car industry particularly struggling, Renishaw’s profits fell by 53% to €55.2m in 2019-20. Despite the leaner year, the share price has grown, with McMurtry’s 36.24% holding worth €1.729bn.

McMurtry, who left Ireland aged 18, was a Rolls-Royce engineer working on Concorde in the 1970s when he spotted a problem with measuring the jet’s fuel pipes. So he tinkered in his garage at home and developed a tool to correct it. That was the start of Renishaw, which he built with John Deer. McMurtry, who is executive

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