Profile: Ireland’s newest billionaire Philip O’Doherty – better known on Derry’s football terraces than Dublin’s trading floors

If you have a quick perusal of social media sites, you be forgiven for getting the mistaken impression that Philip O’Doherty is just a local businessman who happens to be chairman of Derry City Football Club.

e might be local – but Mr O’Doherty has surprised even some of those who’ve met him, as to just how successful his E&I Engineering group has become.

With US firm Vertiv having announced yesterday that it has agreed to buy Mr O’Doherty’s group for up to $2bn (€1.69bn), it’s clear that the company he started in 1986 has become a major player in its sector.

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