Sean Quinn will pay just 20 thousand euro to creditors after he exits bankruptcy today.
The former billionaire has had debts of 2 billion euro written off.
On Monday the High Court was informed that Sean Quinn has struck a deal with Chris Lehane - the official overseeing his bankruptcy.
Under personal insolvency law the businessman will pay 10 thousand euros from his earnings for two years to Mr Lehane for the benefit of his creditors.
Editor of the Sunday Business Post, Ian Keogh, says how much Sean Quinn lost in the crash is unclear: