Dermot Snr. & Jnr.20 Sep 2019 14:59
Ref. Business Irish November 20 2016 : Dermont Smurfit Snr. Interview -
One significant opportunity he did miss out on involved online betting firm Betfair, after his son Dermot Junior recommended investing in the company in the early 2000s.
"I turned to a contact who knew the industry for advice and they advised against it, adding that the firm would probably not survive for very long, so I didn't go ahead with it. Today, the £250,000 stake I would've had would be worth about £60m."
I think Dermot Jnr. will now correct that oversight and justify to his father that his expensive education was good value.