11:52 - 11.07.2024

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July 11, Fineko/abc.az. British billionaire Mark O'Hara intends to distribute £510 million ($653 million) among his employees, received from the sale of his business.

ABC.AZ reports that Mark O'Hara founded Preqin, a private company specializing in data processing, in 2002.

The company was recently sold to BlackRock, one of the world's leading investment companies, for £2.55 billion ($3.2 billion).

Owning 80% of Preqin, the billionaire and his wife Lindy O'Hara will earn approx. $2.6 billion as a result of the deal, which will allow them to get into the list of the 100 wealthiest people in the UK.

The remaining 20% of the sales revenue will be divided between the management team and Preqin employees.

It is possible that Mark O'Hara will also accept the position of vice president at BlackRock.