John Magnier (born 10 February 1948) is an Irish

business magnate A business magnate, also known as an industrialist or tycoon, is a person who is a powerful entrepreneur and investor who controls, through personal enterprise ownership or a dominant shareholding position, a firm or industry whose goods or ser ...

. He is a leading

thoroughbred The Thoroughbred is a list of horse breeds, horse breed developed for Thoroughbred racing, horse racing. Although the word ''thoroughbred'' is sometimes used to refer to any breed of purebred horse, it technically refers only to the Thorough ...

stud Stud may refer to: Animals * Stud (animal), an animal retained for breeding ** Stud farm, a property where livestock are bred Arts and entertainment * Stud (band), a British progressive rock group * The Stud (bar), a gay bar in San Francisco * ...

owner and has extensive business interests outside the horse-breeding industry. Magnier was a senator in the upper house of the

Oireachtas The Oireachtas ( ; ), sometimes referred to as Oireachtas Éireann, is the Bicameralism, bicameral parliament of Republic of Ireland, Ireland. The Oireachtas consists of the president of Ireland and the two houses of the Oireachtas (): a house ...

Seanad Éireann Seanad Éireann ( ; ; "Senate of Ireland") is the senate of the Oireachtas (the Irish legislature), which also comprises the President of Ireland and Dáil Éireann (defined as the house of representatives). It is commonly called the Seanad or ...

from 1987 to 1989. He is based at

Coolmore Stud Coolmore Stud, in Fethard, County Tipperary, Ireland, is the headquarters of one of the world's largest breeding operation of thoroughbred racehorses. Through its racing arm, Ballydoyle, Coolmore also has raced many classic winners and champio ...

at Fethard in

County Tipperary County Tipperary () is a Counties of Ireland, county in Republic of Ireland, Ireland. It is in the Provinces of Ireland, province of Munster and the Southern Region, Ireland, Southern Region. The county is named after the town of Tipperary (tow ...

, considered one of the world's best stallion stations.

Career

Origins

Magnier was born in

Fermoy Fermoy () is a town on the Munster Blackwater, River Blackwater in east County Cork, Ireland. As of the 2022 census of Ireland, 2022 census, the town and environs had a population of approximately 6,700 people. It is located in the barony (Ir ...

County Cork County Cork () is the largest and the southernmost Counties of Ireland, county of Republic of Ireland, Ireland, named after the city of Cork (city), Cork, the state's second-largest city. It is in the Provinces of Ireland, province of Munster ...

, the eldest son of Thomas Magnier (1909–1962) a County Cork landowner. His aunt Mary Elizabeth Hallinan married Rupert Watson, 3rd Baron Manton, Senior Steward of the

Jockey Club The Jockey Club is the largest commercial horse racing organisation in the United Kingdom. It owns 15 of Britain's famous racecourses, including Aintree Racecourse, Aintree, Cheltenham Racecourse, Cheltenham, Epsom Downs Racecourse, Epsom ...

1982–1985.

Early life

Magnier received his formal education at

Glenstal Abbey Glenstal Abbey is a Catholic Church, Catholic Order of St. Benedict, Benedictine monastery of the Congregation of the Annunciation located in Murroe, County Limerick, Ireland. It is dedicated to Saint Joseph and Saint Columba. In July 2024, Col ...

County Limerick County Limerick () is a western Counties of Ireland, county in Republic of Ireland, Ireland. It is in the Provinces of Ireland, province of Munster and is located in the Mid-West Region, Ireland, Mid-West which comprises part of the Southern Reg ...

but had to leave school at 15 to take charge of the family estate near Fermoy after his father died.

Coolmore

Magnier later moved to

, where he helped transform

into a multi-million-euro international business. The business is headquartered in County Tipperary where 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, Kentucky Versailles is a home rule-class city in Woodford County, Kentucky, United States. It lies by road west of Lexington and is part of the Lexington-Fayette Metropolitan Statistical Area. Versailles has a population of 10,534 according to 2024 ce ...

and at Jerrys Plains, New South Wales, Australia. Magnier began his association with Coolmore in partnership with his father-in-law and champion racehorse trainer,

Vincent O'Brien Michael Vincent O'Brien (9 April 1917 – 1 June 2009) was an Irish race horse trainer from Churchtown, County Cork, Ireland. In 2003 he was voted the greatest influence in horse racing history in a worldwide poll hosted by the ''Racing Pos ...

, and Vernon's Pools magnate,

Robert Sangster Robert Edmund Sangster (23 May 1936 – 7 April 2004) Towards the end of his life he spent much of his time in Barbados and Australia. Death Sangster died of pancreatic cancer in London, on 7 April 2004, aged 67. British Classic Race wins * 1, ...

. They developed successful racing horses and breeding stock, mainly by purchasing the progeny of the Canadian stallion

Northern Dancer Northern Dancer (May 27, 1961 – November 16, 1990) was a Thoroughbred that, in 1964, became the first Canadian-bred horse to win the Kentucky Derby. After being retired from racing, he became one of the most successful Stallion, sires of the 2 ...

. Eventually, Magnier came to head the operation. His racing empire is nowadays powered by blue-blooded thoroughbreds trained at

Ballydoyle Ballydoyle is a racehorse training facility located in County Tipperary in Ireland. It is a sister thoroughbred facility to Coolmore Stud, and both are owned by John Magnier, son in law to the racehorse trainer Vincent O'Brien. The current trai ...

Aidan O'Brien Aidan Patrick O'Brien (born 16 October 1969 in County Wexford, Ireland) Aidan O'Brien bio NTRA. ...

, plus many others in the care of other trainers. Champion sires to have stood at Coolmore include Sadler's Wells who was leading sire (by prizemoney won) in Great Britain and Ireland in 14 of the 15 years between 1990 and 2004, though his success in his later years was eclipsed by three other Coolmore stallions, namely Danehill and his own sons

Galileo Galileo di Vincenzo Bonaiuti de' Galilei (15 February 1564 – 8 January 1642), commonly referred to as Galileo Galilei ( , , ) or mononymously as Galileo, was an Italian astronomer, physicist and engineer, sometimes described as a poly ...

and Montjeu. Other notable Group 1 winners who have turned successfully to stud duties are Danehill Dancer,

Giant's Causeway The Giant's Causeway () is an area of approximately 40,000 interlocking basalt columns, the result of an ancient volcano, volcanic fissure eruption, part of the North Atlantic Igneous Province active in the region during the Paleogene period. ...

, and

Epsom Derby The Derby Stakes, more commonly known as the Derby and sometimes referred to as the Epsom Derby, is a Group races, Group 1 flat Horse racing, horse race in England open to three-year-old Colt (horse), colts and Filly, fillies. It is run at Ep ...

winner

High Chaparral High Chaparral (1 March 1999 – 21 December 2014) was an Irish Thoroughbred Horse racing, racehorse and Horse breeding#Terminology, sire. In a career that lasted from September 2001 to October 2003, he ran 13 times and won 10 races. His w ...

. Less successful at Coolmore was

George Washington George Washington (, 1799) was a Founding Fathers of the United States, Founding Father and the first president of the United States, serving from 1789 to 1797. As commander of the Continental Army, Washington led Patriot (American Revoluti ...

, winner of the 2,000 Guineas and

Queen Elizabeth II Stakes The Queen Elizabeth II Stakes is a Group 1 flat horse race in Great Britain open to horses aged three years or older. It is run at Ascot over a distance of 1 mile (1,609 metres), and it is ...

in 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 The Holy Roman Emperor, originally and officially the Emperor of the Romans (disambiguation), Emperor of the Romans (; ) during the Middle Ages, and also known as the Roman-German Emperor since the early modern period (; ), was the ruler and h ...

, removed from training at the start of his three-year-old season. Eleven of the fifteen winners of The Derby between 1998 and 2012 were sired by Coolmore stallions (High Estate, Fairy King, Grand Lodge, Sadler's Wells (two), Danehill, Montjeu (four) and Galileo)

Other business ventures

A high-profile venture was his stake of 28.89 per cent shareholding in football club

Manchester United F.C. Manchester United Football Club, commonly referred to as Man United (often stylised as Man Utd) or simply United, is a professional football club based in Old Trafford, Greater Manchester, England. They compete in the Premier League, t ...

, which was sold in May 2005 to

Malcolm Glazer Malcolm Glazer (August 15, 1928 – May 28, 2014) was an American businessman and sports team owner. He was the president and chief executive officer of First Allied Corporation, a holding company for his varied business interests, and own ...

, an American businessman. A friendship with manager

Alex Ferguson Sir Alexander Chapman Ferguson (born 31 December 1941) is a Scottish former professional football manager and player, best known for managing Manchester United from 1986 to 2013. He is widely regarded as the greatest manager of all time and ...

was tested in a dispute over bloodstock rights to prolific Group 1 winner (seven wins)

Rock of Gibraltar The Rock of Gibraltar (from the Arabic name Jabal Ṭāriq , meaning "Mountain of Tariq ibn Ziyad, Tariq") is a monolithic limestone mountain high dominating the western entrance to the Mediterranean Sea. It is situated near the end of a nar ...

Wealth

'' The Sunday Independent'' estimated his wealth at €2.3 billion in 2018, although this is conservative as

is valued at more than €4 billion alone, in addition to his personal property portfolio and other investments and holdings.

Personal life

He is married to Susan O'Brien, a daughter of Irish racehorse-trainer

. The couple have five children.

References

External links

Coolmore Stud

"Magnier – The secretive tycoon" BBC
{{DEFAULTSORT:Magnier, John 1948 births Living people Irish racehorse owners and breeders Owners of Epsom Derby winners Manchester United F.C. directors and chairmen Independent members of Seanad Éireann Members of the 18th Seanad Businesspeople from County Cork Nominated members of Seanad Éireann Sportspeople from Fermoy Owners of Prix de l'Arc de Triomphe winners Equestrians from County Cork People educated at Glenstal Abbey School