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

South Melbourne FC make history as first Australian Championship winners

South Melbourne FC defeat Marconi 2–0 to claim the inaugural Australian Championship title, making history in the national competition.

SoulChef Sundays: The true taste of Christmas

Chef Georgia Koutsoukou — the Kalamata-born chef known as “SoulChef” — begins her new series SoulChef Sundays with The Greek Herald.

Cretan extra virgin olive oil gets new PGI quality status

By Lisa Radinovsky from Greek Liquid Gold. Cretan extra virgin olive oil (EVOO) is now listed in the European Union’s official Geographical Indications Register of high-quality agricultural products and...

Greece enters space age with launch of first national micro-satellites

On Nov. 28, the country’s micro-satellites were launched from Space Launch Complex 4E (SLC-4E) at Vandenberg Space Force Base in California.

Inside the migrant trunks: Australian memories unearthed in an Athens home

Most of the stuff in the house is vintage as my uncle and aunt had spent over a decade in Australia from the early 1960s.

You May Also Like

Yanis Varoufakis delivers keynote address at HACCI SA event

HACCI SA held a sold-out event with a keynote address by prominent economist and former Greek Finance Minister Yanis Varoufakis.

Impressive National Theatre of Rhodes to be restored

The National Theatre of Rhodes will finally be restored in a joint project by the South Aegean Regional Authority and the municipality.

418 passenger ferry quarantined in Limnos port as crew tested for coronavirus

Passenger ferry “Blue Star Mykonos” was placed in quarantine in Limnos after a crew member fell ill with coronavirus symptoms.