The Richest Greeks in Europe – Greek Rich List 2011/12

Greek Rich List 2011/12, a publication profiling the wealthiest Greeks in the world, just hit the stands. Although, the people featured in the luxury magazine are powerful and influential, the publication is more than just a list of rich business people.

Let’s see some of wealthiest Greeks according to Greek Rich List 2011/12 by region in Europe.


Alki David

1. Alki David & Leventis Family: Alki David is a member of the prominent Greek Leventis family. His late father, Andrew A David, was the managing director of the Leventis – David group, a family business which owns bottling plants for Coca-Cola in 28 countries. David himself, has appeared in movies & TV serials in Britain. He runs “FilmOn”, a patented live-streaming Internet business, allowing access to live HDTV streaming via PCs, televisions and cell phones. David’s fortune is valued at around £1.35 billion.

2. Sir Stelios Haji-Ioannou & Family: Sir Stelios Haji-Ioannou, a Cypriot – born entrepreneur is the founder and largest shareholder in Easyjet. He set up the company in 1995 with two leased aircraft and a £5m loan from his shipping magnate father. No longer on the board of directors, Sir Stelios, now spends his time running his other businesses in his EasyGroup. Despite his ventures sometimes consuming huge amounts of cash, he has managed to turn his ideas into successful businesses. With property and other assets, Sir Stelios and his family are estimated to be worth £730 million.

3. John Christodoulou: In 2003,John Christodoulou bought a hostel and turned it into a four-star hotel. He is a shining example of what hard work and determination can achieve. After fleeing his homeland in Cyprus after the 1974 Turkish invasion to start a new life in Britain, John, left school at 16 to train as a diamond mounter. He then started his own business, taking advantage of a government-sponsored scheme. After saving up to buy his first property, he went on to investing and developing property full-time. Today, he aslo owns the Marriott Hotel in Canary Wharf and is worth £650 million.

4. Chris Lazari: Chris Lazari, arrived in Britain in the early 1970s to work in the fashion industry. He started work in a sweatshop in Finsbury Park, before buying his first property in 1978. He then, bought one house, then the house next door, then the whole street. He now owns commercial and residential property in Mayfair and Baker Street, as well as two acres along Tottenham Court Road. With his entrepreneurial clear-sightedness, he has become a property mogul with Lazari investments and his fortune is valued at £645 million.

5. Michael Lemos: Michael Lemos is the son of Constantinos Lemos, the Greek shipping tycoon who by 1980, had become Greece’s third largest ship owner. During this time, he moved out of shipping and started investing in property, insurance and tourism. On his death in 1995, his fortune passed to Michael and his two sisters who now control the business. With shipping values plunging in recent times, Michael’s family fortune is
still estimated to be worth £605 million.


Niarchos Family: Philip Niarchos, now a resident in Paris, France, is the son of the legendary Greek shipping tycoon Stavros Niarchos who died in 1996 and left an estate valued in excess of £3 billion. He is a major art collector and owns his late father’s art collection, which includes Pablo Picasso’s self-portrait Yo, Picasso, worth $47,850,000 and Vincent van Gogh’s Self-Portrait with Bandaged Ear, estimated around $90 million. He is also a racehorse owner. The family fortune is now estimated at €850 million.


The Greek Rich List magazine is a publication profiling the world’s most notable personalities and wealthiest Greeks in the world. Although, the people featured in the luxury magazine are powerful and influential, the publication is more than just a list of rich business people. The magazine celebrates and documents extraordinary entrepreneurial stories and gives an insight into how success can be achieved. It’s about ordinary people who through their remarkable achievements, have managed to shape global economies, create jobs, set up foundations and charities, but most importantly of all, give something back to society.

Savvas Pavlou, publisher of the Greek Rich List and whose design agency in Cyprus puts together the magazine, has been involved with its publication since 2004. His concept of the Greek Rich List, is to not only document entrepreneurial stories, but to inspire young entrepreneurs. He wants to promote Greek heritage
and culture, and to encourage young people to be proud of it. Savvas, points out that being wealthy doesn’t denote success; there are many people in various vocations that are very successful, but do not have vast amounts of money. These people are also profiled in the latest edition of the Greek Rich List.

Although, the list above contains people who inherited their fortunes, the Greek Rich List magazine contains a fair number of profiles of people who went from rags to riches under extraordinary circumstances. For more information and to get a copy of Greek Rich List magazine please visit