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

From Rena Morfi and DJ Timo to rizogalo: Antipodes Festival Day One highlights

The Antipodes Festival in Melbourne roared to life on its first day, offering a vibrant tapestry of Greek culture, music, dance, and food.

Meatfare Sunday: A time for reflection and mercy

Meatfare Sunday, observed on the second Sunday before Great Lent, marks the final day for eating meat before the Lenten fast.

Eleni Elefterias on music, Greek language, and her journey to writing

Growing up, Eleni Elefterias wasn’t the biggest fan of learning Greek - she was forced to speak Greek at home and she hated going to Greek school.

Chocolate and Hazelnut Biscotti: Niki Louca shares her favourite recipe

Niki Louca from My Greek Kitchen shares her favourite recipe for Chocolate and Hazelnut Biscotti with The Greek Herald. 

Greek olive oils ranked in EVOO world ranking for 2024

The EVOO World Ranking is an annual ranking by the World Association of Journalists and Writers of Wines, Liquors and others (WAWWJ).

You May Also Like

Hundreds attend the Orthodox Youth Conference in Sydney

Around 400 Orthodox young attendees from NSW flocked to Saint Euphemia Greek Orthodox church in Bankstown, Sydney.

Delving into the Battle of Crete with the Athens War Museum

The Greek island of Crete is renowned for its beauty and ruggedness. Its people's hospitality and food are also alluring.

Australian helicopters help fight wildfires raging near Athens

Australian helicopters by McDermott Aviation have been spotted in skies above Athens, Greece fighting a wildfire which ravaged homes.