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Chryss Goulandris

Chryss Goulandris, Lady O'Reilly
Born 27 1950 (1950-06-27) (age 66)
USA
Occupation Shipping heiress, self-employed horse owner and breeder
Net worth 550 million (short scale) (1.71 billion (short scale) (US$2.4 billion) with her husband[1][2])
Spouse(s) Tony O'Reilly
Children none (six step-children)

Chryss Goulandris, Lady O'Reilly (born 27 June 1950), also known as Christina or Chryssanthie, is one of the richest women associated with Ireland. Holder of USA and Greek citizenship, she owns a major horse breeding operation located in Ireland, France and other countries. Chairperson of the Irish National Stud for over a decade, she is also the wife of media and industrial magnate Tony O'Reilly and is heavily involved with Ireland Funds. She was a director of luxury goods maker Waterford Wedgwood for many years.

Contents

Life

Goulandris was born in the USA to John Goulandris, a wealthy member of a Greek family of ship owners and operators, and of Maria Lemos, also from a Greek shipping dynasty. The family lived at the time in the Savoy Palace Hotel, with homes also in Greece, Connecticut, Switzerland and the Bahamas.

Goulandris grew up primarily in the US (on Fifth Avenue, New York), with holidays spent in Greece, chiefly on the family's ancestral home island, Andros. Her father died when she was three, and her only brother, Peter, recently born.

She studied French Civilisation and Art History in the Sorbonne in Paris, then returned to New York, working in the family offices, her business activities ranged from silver futures trading to horse breeding[3].

She met Tony O'Reilly briefly, with her brother, in Manhattan in 1989, at the Pierre Hotel, his usual base when staying in New York, when he was seeking funding for Waterford Wedgwood. They next met in 1990, after O'Reilly invited her to the Heinz 57 race in Dublin that year (she knew Ireland because of horse racing and breeding and was already considering buying a stud farm there), and a relationship developed, with the two becoming a couple in Lyford Cay the following Easter.

On September 14, 1991, they were married in the Bahamas, this being Goulandris's first marriage and O'Reilly's second. At the time of the marriage, O'Reilly was said to be worth around $520 million and Goulandris $450 million, though some reports said the latter was worth more than the formerdate=February 2009.

In 1996, Tony O'Reilly bid $2.6 million for the 40 carats (8.0 g) diamond engagement ring of Jacqueline Onassis, to give as a gift to Goulandris, who had known the Onassis family, and she, with some Heinz executives, made a naming gift in her husband's honour in 1999 with the O'Reilly Theater in Pittsburgh.

Chryss Goulandris and Susan Cameron, O'Reilly's first wife, have met on many occasions, such as family weddings, and have sat either side of O'Reilly at a number of dinners.

Homes

Goulandris shares a range of residences with her husband. Although not tax resident in Ireland, one of her main homes is Castlemartin House and Estate near Kilcullen, County Kildare, which includes a horse stud facility and a Charolais cattle breeding operation. She managed the restoration of the Georgian house's upper floor and roof. Official main residence is a house in the closed executive development of Lyford Cay near Nassau, the Bahamas.

Other main residences are a much-loved complex on the southern coast of Ireland at Shorecliffe, Glandore, County Cork, along with a Georgian townhouse on Fitzwilliam Square, Dublin, and a chateau in Deauville, France. Goulandris also owns property in New York.

Horse breeding

Goulandris owns, breeds, trains and races horses under a number of house names, including at least Castlemartin Stud (shared with her husband), Petra Bloodstock Agency, Skymarc Farm. Castlemartin Stud is situated on the estate around one of her principal homes, with operations in multiple countries, and her horses are trained in Ireland, England, Normandy in France and in the USA at a stud called Matagorda, with many trainers employed across the various locations.

Two of her uncles were involved in racing, one, George, winning the English Oaks in 1962 and another, Constantin, owning the La Louviere Stud in France. She bought her first racing horse, a yearling filly, in 1976, and in 1978, following her uncle Constantin's death, took over La Louviere Stud.

At the end of October 2006, Goulandris had around 100 horses in training, and 128 brood mares. Her operations have a policy of selling male foals, and one of those sold won the 1996 Prix de l'Arc de Triomphe, while one retained was European champion miler in 1991. In all, she has bred 11 Group 1 winners, including two wins at Royal Ascot.

National Stud

In 1993, Goulandris was appointed to the board of the Irish National Stud by the Minister for Agriculture, and in early June 1998, she was made its chairperson by Joe Walsh, in succession to David Shubotham[4], a post she continues to hold.

Wealth

Estimates of personal wealth have varied greatly but have exceeded 400 million USD since the early 1990s. In June 2004, it was reported that she would be a major beneficiary of the sale of a family-owned unit of land in New York, assembled in the 1970s at a cost of about 25 million USD, for around 400 million USD[5] and in 2005, her personal wealth was estimated at 442 million UK pounds[1].

Other roles

In June 1994, Goulandris was appointed a non-executive director of Waterford Wedgwood plc, with special responsibility for organizing commemorative events for the bicentenary of the death of Josiah Wedgwood[6]. She resigned this role in January 2009. She was a director of the Wedgwood Museum Trust until June 2007 and is now an honorary member.

She has been Chairperson of the O'Reilly Foundation since its establishment, was invited by family friend Paul Newman to be first Chairperson of the Barrettstown Castle Hole in the Wall Club.

The Ireland Funds

Goulandris has been involved with the Ireland Funds for many years, especially with the annual Pittsburgh fundraising dinner. She is the President d'Honneur of the Ireland Fund of France. She has funded since 1993 the bourse Chryss O'Reillly de l'Ireland Fund de France, a 2000 euro per annum scholarship for eight universities in Northern Ireland and the Republic of Ireland.

See also

  • Three of the six stepchildren: Cameron O'Reilly, Gavin O'Reilly, Tony O'Reilly, Junior

Sources

  • London, UK: The Racing Post, 15 July 2001, Michael Clower, "Lady O'Reilly Interview: Rebelline flies the flag for O'Reilly's worldwide empire" – "Lady O'Reilly, owner of Irish Oaks hope Rebelline, has 100 horses in training and 128 broodmares. Michael Clower went to see her at the Castlemartin stud and estate in County Kildare."

External links

Notes and references

  1. 1.0 1.1 London, UK: The Sunday Times, April 3, 2005: Colm Murphy, 'The Rich List 2005: Ireland's richest 250'
  2. New York, USA: Forbes Magazine, 5 March 2008, Billionaires of the World, #677, retrieved from [1] on 21 August 2008
  3. London, UK: The Racing Post, 15 July 2001, Michael Clower, "Lady O'Reilly Interview: Rebelline flies the flag for O'Reilly's worldwide empire"
  4. London, UK: The Racing Post, "O'Reilly in Chair"
  5. London, UK: The Times, June 7, 2004, Finance, "Talking Points" – par. 2, "Talk of the Day"
  6. London, UK: The Independent, June 18, 1994, Alison Eadie, "Job in china for Mrs O'Reilly"



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