O’Leary lands €23m in one day

Without breaking sweat Ryanair boss Michael O’Leary yesterday made €23m as shares in the airline took off.

One of the largest shareholders in the company, he has a 3.5% stake in the airline, valued at €9.8bn at the close of the Iseq yesterday.

Mr O’Leary, who is thought to be worth about €450m, benefited from a 7% jump in the value of Ryanair shares in one day following the results. The company’s value rose €651m — up from €9.2bn to €9.8bn.