Australians of Greek heritage named on the NSW rich list

·

In Australia, 38 percent of the richest people live in New South Wales and among them are three Australians of Greek heritage.

According to The Daily Telegraph, they are Nick Politis, Theo Karedis and Nicholas Paspaley.

16 – Nick Politis

Nick Politis, born on the Greek island of Kythera has made his millions through the motor vehicle industry.

He owns a total of 70.26 million shares in Eagers Automotive or a stake of 26.3 percent, making him the largest shareholder in the ASX-listed company.

42 – Theo Karedis and family

Theo Karedis is the co-founder of Theo’s Liquor and Arkadia Property Group. Karedis has a fortune of $1.14 billion, up from $1.13 billion in 2021.

The Karedis family wealth stems from Theo’s chain of bottle shops sold to Coles in 2002.

43 – Nicholas Paspaley and family

Nicholas Paspaley is the Executive Chairman of the Paspaley Group of Companies.

The Paspaley family own businesses in the pearl retail business, an aviation and marine services division, pastoral and tourism holdings, and a property portfolio. Today, Paspaley is the world’s most important producer of cultured pearls.

Source: The Daily Telegraph

Advertisement

Share:

KEEP UP TO DATE WITH TGH

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

Advertisement

Latest News

Zeibekiko Festival Australia 2025: Ten days of dance, music and memory

Ventouris Productions proudly presents the 3rd Zeibekiko Festival Australia, running from 3 to 12 October 2025 across Sydney and Melbourne.

Giannis Ploutarhos to bring star power to the Let’s Go Greek Festival in Parramatta

Parramatta is set to come alive on Sunday, September 21, as the Let’s Go Greek Festival returns bigger than ever.

Greek Australian Dimitrios Kametopoulos wins prestigious International Excellence Award 

The global cultural and charitable organisation, Writers Capital International Foundation, honoured Sydney resident Dimitrios Kametopoulos.

South Melbourne FC unveils ‘Eras of Hellas’ mural at Lakeside Stadium

South Melbourne FC proudly unveiled the Eras of Hellas mural on Saturday in the Social Club at Lakeside Stadium.

George Calombaris confirms exit from Jon Adgemis’ Linchpin Hospitality

George Calombaris has confirmed he no longer works for Linchpin Hospitality, the company managing parts of Jon Adgemis’ hospitality empire.

You May Also Like

Greek Australian writers to feature at Sydney Writers Festival

Greek Australian writers Patricia Karvelas, Nikki Savva and Christos Tsiolkas are all set to feature at this year’s Sydney Writers Festival.

Official launch of Peter Prineas’ new book ‘Wild Colonial Greeks’ was enjoyed by all

The Greek community of Sydney enjoyed the launch of Peter Prineas' new book Wild Colonial Greeks at the Mytilenian House.

David Sedaris explores woke culture, tokenism and his dysfunctional upbringing in new collection of essays

Greek-American David Sedaris is once more putting on his author cap with his new collection of personal essays: Happy-Go-Lucky.