Thirteen companies within Larry Goodman’s business empire reported combined profits of almost €172m last year. Accounts seen by the Irish Farmers Journal reveal 13 companies closely connected to Larry Goodman reported profits of €171.6m last year, while at the same time paying out dividends of more than €50.6m to parent companies.

The accounts also show Larry Goodman’s enormous business and investment empire has exceeded €4.5bn in value. For context, Glanbia plc is valued at just €3.2bn, while Irish banks AIB and Bank of Ireland are valued at €3bn and €1.8bn respectively.