10 Australians of Greek heritage named on the Financial Review’s Rich List 2022

·

The Australian Financial Review has released its Rich List for 2022 and among the names are at least 10 Australians of Greek heritage.

Who are they and what do they do? The Greek Herald finds out.

51. Nick Politis, $2.23 billion

Nick Politis is the Owner of WFM Motors and Director of Eagers Automative. He is the most successful car salesman in Australia, with an empire that includes dozens of his own car dealers in Sydney, Melbourne and Queensland. He is also the Chairman of the NRL club, Sydney Roosters.

READ MORE: How Nick Politis went from Kythera to becoming one of Australia’s billionaires.

108. Nicholas Paspaley and family, $128 billion

Nicholas Paspaley is the Executive Chairman of the Paspaley Group of Companies. The Group has a pearl retail business, an aviation and marine services division, pastoral and tourism holdings, and a property portfolio.

The company, which employs more than 1200 people, is based in Darwin and is owned by Nicholas Paspaley jnr, Roslynne Bracher and Marilynne Paspaley.

READ MORE: Paspaley’s new collection turns deep-sea pearls into fine jewellery.

118. Con Makris and family, $1.2 billion

Con Makris is the Chairman of Makris Group and although he has been gradually selling down his property portfolio in recent years, he retains substantial assets on the Gold Coast and shopping centres in Adelaide and Melbourne.

READ MORE: Billionaire Con Makris puts $200m of shopping centres up for sale.

126. Nick Andrianakos and family, $1.09 billion

Nick Andrianakos is the Founder of Milemaker Petroleum and Nikos Property. The Milemaker chain comprised 54 sites when it was sold to Caltex in a $94 million deal in late 2016. By then, Andrianakos was already investing in commercial property, including 50 and 60 Flinders Street in Adelaide, and he is building a hotel in Greece’s ancient capital of Nafplio. Crucially, Andrianakos also kept the freehold sites of the petrol stations.

READ MORE: ‘I was lucky’: How Nick Andrianakos went from petrol-pumping to Australian billionaire.

138. Spiros Alysandratos, $995 million

Spiros Alysandratos is the founder of one of Australia’s biggest backroom travel companies, Consolidated Travel. His business sells ticketing technology and services to airlines and travel agents, and also travel insurance products.

139. Dennis Bastas, $990 million

Dennis Bastas is the Founder, Chairman and CEO of Arrotex Pharmaceuticals. Arrotex makes about one-third of the drugs dispensed under the Pharmaceutical Benefits Scheme and turns over $1.1 billion annually. With Canadian investors he also owns Juno Pharmaceuticals, which makes post-patent drugs for hospitals, and chairs genomics company myDNA.

141. Theo Karedis, $952 million

Theo Karedis is the co-founder of Theo’s Liquor and Arkadia Property Group. The Karedis family fortune stems from the Theo’s chain of bottle shops sold to Coles in 2002 for $175 million. Arkadia owns 25 mostly retail properties around Australia.

145. Harry Stamoulis and family, $935 million

The Stamoulis fortune was built by the late Spiros Stamoulis, who emigrated from Greece to Melbourne aged 12 in 1950. Once Australia’s middleweight Greco-Roman wrestling champion, Stamoulis tried building a yoghurt factory before establishing Gold Medal Drinks in 1969. Its success allowed investments in Melbourne rock radio station 3XY, Greek newspaper Ta Nea and swaths of property, a business overseen by son Harry to this day.

170. George Koukis, $788 million

Koukis migrated from Greece in 1971, landed a job at Qantas in 1973 and, when nobody else volunteered, computerised the airline’s managed accounting system. In 1993, he partnered with venture capital to pay $948,000 for a Swiss banking-software maker, renamed it Temenos, and built it up to a $2.1 billion float in 2001. Koukis sold down his holding to below 3 per cent and in April last year left the Temenos board. He founded Koukis Aviation software and IT company.

175. Kerry Harmanis, $766 million

Picture: Iain Gillespie The West Australian.

Kerry Harmanis is one of Western Australia’s most successful mining executives and investors, making more than $400 million from the sale of his former nickel play Jubilee Mines to Xstrata in a $3.1 billion deal in 2007. He now has shareholdings in several listed mining exploration companies.

Source: The Australian Financial Review.

Advertisement

Share:

KEEP UP TO DATE WITH TGH

By subscribing you accept our Terms of Service and Privacy Policy.

Advertisement

Latest News

Summer soundtrack: The ultimate guide to Greek concerts and festivals in 2025

Wherever you are in the country, The Greek Herald has the inside scoop on must-see performances to catch during your summer escape.

Michael Zannis: The Greek Aussie cricket star redefining blindness

Michael Zannis has turned his ‘disability’ into his superpower. He lives as everyone else does and is thriving.

Greek olive oil today: Production, use and export data

Greek olive oil is consumed in large quantities in Greece today. Still, the small population leaves plenty of oil for export.

Greece ranks fifth highest in Europe for short-term rental prices

Greece has become the fifth most expensive destination in Europe for short-term rentals, with the average nightly rate reaching 250 euros.

Greece cracks down on beach violations amid thousands of complaints

Greek authorities are intensifying efforts to combat illegal beach occupation and protect public access to the coastline.

You May Also Like

World Rally motorsport championship kicks off in Athens

Thousands flocked to watch the four-day World Rally motorsport championships kick off in Athens’ Syntagma Square on Thursday.  Prime Minister Kyriakos Mitsotakis launched the race...

Pan Macedonian Federation of SA launches the 2024 Dimitria Festival

On Wednesday, October 9, members of South Australia's Greek community gathered for the launch of the Dimitria Festival 2024. 

Sydney Olympic thrashes Arncliffe 4-0 to advance in Australia Cup

Sydney Olympic FC advanced to the 6th qualifying round of the Australia Cup (NSW Group) on Wednesday, April 23.Â