Is Ray O Rourke on the rich list?
No, Ray O'Rourke, along with his family, was not included on the recent rich list.
Ray O'Rourke's Absence from the Rich List
While Ray O'Rourke and his family have historically been associated with significant wealth, they were notably absent from a recent rich list. In the previous year, their estimated fortune was reported to be around £350 million.
However, the financial landscape for their business, Laing O'Rourke, which is jointly owned by Ray and his brother Des, has recently seen a substantial shift. The company recorded the largest pre-tax loss in its history, amounting to £288 million for the financial year ending March 2023. This significant loss experienced by Laing O'Rourke may explain their omission from the most recent wealth rankings.