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

·

Melbourne entrepreneur, Nick Andrianakos, has opened up recently to The Australian Financial Review about his life story and how patience, a passion for property and a lot of petrol-pumping led to him being named on Australia’s Rich List.

In the interview, Andrianakos describes how he was born in 1943 on a farm in the Greek village of Pikerni, about 160 kilometres west of Athens. He left school in the third grade to help his family and later completed two years of army service.

After returning home from his service, he decided he needed to leave and make a new life in Australia.

READ MORE: Nick Andrianakos invests over $135 million for half stake in Adelaide shopping mall.

“When I left my parents were crying, but there was no other option,” Andrianakos tells the newspaper.

Nick Andrianakos is also a property investor.

Migrating to Australia on the Patris, Andrianakos arrived at Port Melbourne in January 23, 1967. The rest, as they say, was history.

The billionaire met and married, Anthoula, and she raised their four children as Andrianakos worked stints at leather and steel factories. Later, he bought his first service station (and the land beneath it) in Coburg in 1976.

READ MORE: Petrol king Nick Andrianakos takes over Adelaide tower in $175 million deal.

“I was doing everything – checking tyres, fighting with the suppliers. It was 16-hour days to support my family and get ahead,” Andrianakos said.

Finally, in 1981, he secured two more BP sites in Footscray and Coburg. In 2017, he sold what was by then 54 service stations under his Milemaker Petroleum chain to their fuel supplier, Caltex, for $95 million.

Andrianakos sold his petrol stations to Caltex.

Since then, Andrianakos has also bought office towers in Adelaide and Brisbane.

READ MORE: 11 Australians of Greek heritage named on the prestigious ‘Richest 250’ list.

Andrianakos said he “was lucky” with these sales but it’s clear his success isn’t simply tied to luck. Rather, its his hard work ethic and strong morals which have made him the man he is today.

“I built Milemaker on my word and I respect people who keep theirs,” he concluded. “Tell me a lie, I can’t accept it. Tell me the truth, I give you my heart.”

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

‘Better than a daughter’: Scarlett rewrites the Greek mother-in-law story

The trope of a bad Greek mother-in-law has been completely rewritten in the Richmond home of Scarlett Athanasia Bauwens and Niki Papageorgiou.

Hospital ICU transformed so yiayia Freda Razos could join granddaughter’s wedding day

When yiayia Freda Razos became too unwell to attend her granddaughter's wedding, her family brought the wedding to Epworth Richmond instead.

Mark Bouris reflects on identity, family and legacy at Fronditha Care event

Fronditha Care hosted its first fundraiser, “In Conversation”, with Mark Bouris, Executive Chairman of Yellow Brick Road Home Loans.

Pharos Alliance holds public meeting to discuss plan for Greek language education

On Wednesday, May 28, 30 people braved the cold and windy weather to meet with the Pharos committee and debate the challenges ahead. 

Bridging the gap: Advocating for better brain cancer care in regional NSW

On Tuesday, 27 May 2025, The Brain Cancer Group (TBCG) hosted its 8th Annual Awareness Event at the NSW Parliament House.

You May Also Like

‘Greek Australians will go wild’: Team Greece set to impress at ATP Cup in Sydney

Team Greece believe they can make a strong impact at the ATP Cup in Sydney thanks to the constant support of Greek Australian fans.

Late stunner sees Olympiacos eliminate Arsenal from Europa League

Olympiacos' Youssef El-Arabi scored a dramatic late winner in extra-time to knock Arsenal out of the Europa League on Thursday night.

Greece suffers nail-biting defeat against Germany to signal the end of their ATP Cup hopes

Germany defeated Greece on the third day of the ATP Cup, winning two out of three matches and ending Greece's chances of moving to the final eight.