He recently paid nearly €4m for land near Collinstown.
Michael O'Leary has denied rising land prices in Westmeath are his fault.
The Mullingar man recently paid just short of €4 million for 253 acres of land near Collinstown.
Large scale purchases of land have caused concern for smaller farmers in the area.
But the Ryanair Group Chief Executive is blaming dairy farmers for driving prices up:
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