Richard Murphy (businessman)

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Richard Murphy
Born1961
Kimmage, Dublin, Ireland
Known forFounder of Xtra-vision and Chartbusters

Richard Murphy is an Irish businessman and entrepreneur, best known for being the founder of the now defunct video rental chains Xtra-vision and Chartbusters.

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Early life

Murphy was born in 1961 in Kimmage, Dublin. He was educated at St Andrews High School. His first job was as a motorcycle courier during which he got a compensation after suffering a leg injury. Using the compensation and his savings he founded Xtra-vision in 1979. [1]

Career

After opening the first Xtra-vision in Ranelagh, the company made Murphy worth around 26 million euros by the time he was 29. Murphy left the company in 1990 taking his fraction of the ownership money with him. After American giants Blockbuster bought the company in 1993 Murphy decided to set up another successful company called Chartbusters to compete. [2] He was considered the most exciting businessman in Ireland during the eighties. [3]

Personal life

Murphy has three daughters. [4]

References

  1. ↑ "Press rewind to view the heyday of a video empire". Irish Independent. Retrieved 21 January 2025.
  2. ↑ "COLLAPSE OF THE VIDEO STAR". noonecasey. Retrieved 22 January 2025.
  3. ↑ "Asset #684291". collinsphotos. Retrieved 22 January 2025.
  4. ↑ "Richard Murphy". Irish independent. Retrieved 22 January 2025.
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