The MacCarthy Reagh (Irish: Mac Cárthaigh Riabhach) dynasty is a branch of the MacCarthy, Kings of Desmond, deriving from the Eóganacht Chaisil sept, who were the princes of Carbery.
The Mac Cárthaigh Riabhach ruled what is now southwestern County Cork including Rosscarbery in the 13th century. Their primary allies in the initially small territory itself were O'Donovans, and members of the Ui Chairpre; both were recent arrivals, gaining their lands from the O'Mahonys of Eóganacht Raithlind and the O'Driscolls of Corcu Loígde. The historical record for this period is very confused and a precise sequence of events cannot be reconstructed. A portion of Carbery was conquered around 1232 by Donal Gott MacCarthy, King of Desmond, from whom the dynasty descend. His son Donal Maol Mac Carthaigh, was the first ruler of the new principality. Their descendants expanded their lands considerably and forged a small territory distinct and independent from the larger Kingdom of Desmond, as well as largely independent from the Earldom of Desmond and from England, which would last into the early-mid 17th century.

Fínghin Mac Carthaigh, the victor for Gaelic Desmond in the Battle of Callann and other campaigns, is considered to belong to the Mhic Carthaigh Riabhach, being a son of Donal Gott. They were in frequent conflict with the line of the MacCarthy Mor, and the MacCarthys of Duhallow and Coshmaine, all of which were generally in conflict with the Fitzgeralds and FitzMaurices which comprised the lines of the Earl of Desmond and the Earl of Kildare, respectively.[citation needed]
The dynasty became very successful during the 14th to 16th centuries, accumulating great wealth and possessing what was at times the most formidable, although not the largest army in the Desmond region. MacCarthy Reagh princes such as Florence MacCarthy were highly active in the politics and wars of Munster. A later branch from Bansha, County Tipperary, descendants of Donal of the Pipes, would relocate to Toulouse in France and be recognised as Counts MacCarthy Reagh (Comtes de Mac-Carthy Reagh). The renowned Jesuit preacher Nicholas Tuite MacCarthy was from this line. From another branch of the dynasty descended several more lines of counts and viscounts in France.
Florence MacCarthy was the compiler of Mac Carthaigh's Book, and the Book of Lismore was commissioned by an earlier member of the dynasty.
The controversial Blessed Thaddeus McCarthy is believed to have belonged to the MacCarthys Reagh.
The line of the Mac Carthaigh Riabhach was not represented among the Gaelic nobility of Ireland granted courtesy recognition.
Claimants to the title of Prince of Carbery have included:
As patrilineal descendants of the 4th Prince, but not the 5th Prince, the MacCarthys of Dunmanway, belonging to the MacCarthy Glas and MacCarthy Duna septs, are not technically MacCarthys Reagh.
Of the eight families of royal extraction of this period in the county of Cork, four belonged to Carbery [..In..] 1232 Cormac Grott, third son of McCarthy Mor, invaded and acquired supreme power over this territory [Carbery], and his descendants established a sort of dynasty, the head of the family Mac Carthy Reagh (swarthy) was styled Prince of Carbery, his chief residence being Kilbrittain Castle