Andrew Cavenagh and Dermot Desmond net worths compared as incredible wealth of Rangers and Celtic supremos revealed

Both men are in the headlines and we've taken a look at how their considerable net worths compare

By Robbie Copeland · Daily Record

Published: Tuesday, 6 October 2026 at 9:48 AM

Key Things to Know

Dermot Desmond's net worth is valued at $2.2 billion, while Andrew Cavenagh's is reportedly around £300 million.
Desmond is the tenth richest Irish billionaire and owns roughly 35 percent of Celtic.
Cavenagh chairs ParetoHealth, a US firm valued at $6 billion that is reportedly up for sale.

The Story in 60 Seconds

The Daily Record compared the financial fortunes of Celtic owner Dermot Desmond and Rangers chairman Andrew Cavenagh amidst contrasting periods of form for the two Glasgow clubs. Desmond, who holds a 35 percent stake in Celtic, possesses an estimated net worth of $2.2 billion (£1.7 billion) according to Forbes. His wealth stems primarily from banking and his private equity firm International Investment & Underwriting.

In comparison, Rangers chairman Andrew Cavenagh holds a reported personal net worth around £300 million, largely generated from co-founding US pharmaceutical company ParetoHealth. With ParetoHealth reportedly up for sale at a $6 billion (£4.5 billion) valuation, Cavenagh's overall wealth is projected to increase substantially should the transaction proceed.

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