Bill Gates was bondholder in bailed-out Irish zombie banks
Billionaire held €27m in bonds here at end of 2006, including at Anglo and Irish Nationwide
The world's second-richest man, Microsoft founder Bill Gates, was a majorIrish bank bondholder ahead of the financial collapse that saw the taxpayer put on the hook for the €64bn bank bailout.
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The identities of wealthy bondholders in the Irish banks, bailed out in most cases by Irish citizens, have never been revealed fully. Billionaire Chelsea owner Roman Abramovich emerged as a bondholder in Irish Nationwide after his investment vehicle Millhouse was involved in a UK lawsuit in which it tried to extract full payment for its bonds in the building society as part of a tender offer. Abramovich and his partners lost, but many other bondholders were repaid in full despite backing bust banks. German and French banks were the largest holders of Irish bank bonds.
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