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

Greek Festival of Sydney closes with stirring tribute to golden age of Greek cinema

The Greek Festival of Sydney concluded in grand style on Sunday with 'Τα Κινηματογραφικά: Songstresses of the Golden Age of Greek Cinema.'

Costeen Hatzi sends positive message to Nick Kyrgios amid split

Influencer Costeen Hatzi has shared a farewell message to her ex-partner, tennis star Nick Kyrgios, following their March split.

Dennis Bastas buys Victoria’s most expensive home in landmark deal

Melbourne healthcare billionaire Dennis Bastas and his wife Georgina have purchased Toorak estate Coonac set to exceed $100 million.

Whittlesea Council election voided after ballot fraud scheme uncovered

A voting fraud scandal linked to the 2023 Whittlesea Council election will see Lalor Ward residents return to the polls later this year.

‘The Greeks of Tashkent’ exhibition in SA unveils hidden chapter of Civil War exile

On May 3, the OEEGA SA, Festival Hellenika, and the Greek Museum of Adelaide, held ‘The Greeks of Tashkent – A Photographic Exhibition.’

You May Also Like

Greece still ready to send aid to Mariupol as it continues to condemn Russian invasion

Greece is still prepared to send humanitarian aid to Ukraine’s embattled city of Mariupol when conditions allow it.

Bill Drakopoulos’ Sydney Restaurant Group buys Summer Salt

Bill Drakopoulos' Sydney Restaurant Group has added the popular Elouera Beach residing venue, Summer Salt, to its growing business portfolio.

Insight or Perspective: If we lose the language we lose everything!

Eleni Kostakidis, a teacher of Modern Greek and University lecturer is writing about the preservation of the Greek language in Australia.