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Belfast Live
Sport
Sheena McStravick

Rory McIlroy's net worth as he's named UK's richest sportsperson under the age of 35

Rory McIlroy has topped the list of UK's richest sportspeople aged under 35, according to the 2023 Sunday Times Rich List.

The Holywood golfer was also named the richest young person in Northern Ireland having boosted his £60 million earnings on the fairways with sponsorship deals from big names such as Nike.

According to the Sunday Times list, published on May 19, McIlroy is worth an estimated £200m.

Read more: One worrying statistic suggests Rory McIlroy can not win USPGA title this week

Last year, the 34-year-old founded the tech-focused TMRW Sports with Tiger Woods. It launches the TGL golf league next year.

McIlroy is currently ranked number three in the golf world rankings, behind Scottie Scheffler in second and John Rahm at the number one spot having won the Masters in Augusta in April 2023.

The Co Down man is currently chasing his fifth major as he sets his sight on the PGA Championship which is currently underway at Oak Hill.

Stephen Fitzpatrick was named as the richest person in Northern Ireland according to the new edition. Born in Belfast, the entrepreneur founded the fast-growing energy giant Ovo. His wealth is estimated at £2.212 billion - up £872 million from last year, although the shares in his flying taxi venture have plummeted.

A new entry on the list in Northern Ireland this year is traders Robert and William Barnett and family who are valued at £525 million. Belfast-based W&R Barnett has storage, grain-dealing, and packaging arms. Robert is the chairman of the family-owned business.

Overall, the richest 350 in the UK this year are worth £796.459 billion.

Robert Watts, compiler of the Sunday Times Rich List, said: "This year's Sunday Times Rich List shows a golden period for the super-rich is over. For the first time in 14 years we've seen the number of UK billionaires fall.

"Two years ago we raised concerns about an unsettling boom in the fortunes of the very wealthy that continued unchecked during the political instability around Brexit and the pandemic. This is not a crash - but there are household names who have lost vast sums over the past year. The bursting of the tech bubble, the end of rock bottom interests and the jitters creeping through the banking industry have all taken their toll.

“The super rich don't exist in a vacuum. Many small investors lost money in some of their overblown stock market floats. Many people also work for their businesses. Financial losses for billionaires can have implications for us all."

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