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

Honour a loved one of Hellenic heritage on the National Monument to Migration

The name of a loved one with Hellenic heritage can be engraved on Australia's Notional Monument to Migration if you register before June 30.

Shadow Minister slams government inaction as Google cuts ethnic media funding deal early

Google's early exit from a key funding deal puts independent Australian media at risk, drawing backlash from federal Opposition.

Youthful St George Saints devastated by double header defeat

The St George Saints Mens White team faced a tough double header last weekend against two powerhouse opponents.

Ceasefire brings relief, but travel disruptions continue for some Greek Australians

Greek Australians flying to Europe via the Middle East continue to experience significant delays, rerouted connections and unexpected costs.

Dean Kalimniou’s new poetry collection explores deep roots of language and violence

A new poetry collection by acclaimed Melbourne-based author, poet, and lawyer Dean Kalimniou has just been published in Athens.

You May Also Like

Samian Association’s ‘Ouzo Odyssey’ a spirited celebration of Greek culture in SA

The Samian Association of South Australia ‘Pythagoras’ hosted “Ouzo Odyssey” at the Grange SLSC as part of the Tasting Australia festival.

Olympic FC amongst inaugural recipients of Growing Football Fund Community Grants

Olympic FC is one of the 121 inaugural recipients of the Growing Football Fund’s Community Grants, generously supported by CommBank

Australia’s first-ever Zeibekiko Festival kicks off with dancing spectacular

Both young and old came together on Saturday, July 1 to 'crack a zeib' on the opening night of Australia's first-ever Zeibekiko Festival.