Media mogul Tony O'Reilly has been knocked from the top spot of Ireland's rich-list.
70-year-old BMW retailer Frank Keane earned €3m more than him last year at €48m.
Ryanair's Michael O'Leary comes fifth on the Sunday Times rich-list netting €25m last year.
Also featuring in the top twenty earners last year are Roy Keane who made almost €8m, Westlife who brought in €7m and Actor Colin Farrell who pocketed €6.5m.