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

Share:

KEEP UP TO DATE WITH TGH

By subscribing you accept our Terms of Service and Privacy Policy.

Latest News

Former Labor Minister and multicultural advocate Nick Bolkus dies on Christmas Day

Nick Bolkus, a key architect of modern multicultural Australia and the nation’s first Greek Australian cabinet minister, has died aged 75.

Archbishop Makarios reflects on faith, technology and true joy in Christmas message

His Eminence Archbishop Makarios of Australia has issued his Christmas message to the faithful of the Orthodox Church in Australia.

Greece’s new framework for orphaned estates: A challenge for diaspora Greeks

Greece is entering a historic phase of reform in inheritance law, the most extensive overhaul in nearly 80 years.

‘An Aegean Odyssey’ review: Kathryn Gauci transports the soul with debut memoir

Destinations: Chios, Lesvos, Rhodes, Karpathos, and Crete.  Discoveries – endless, and “embedded” in her “psyche”.

Greeks rank among the world’s most generous, global study finds

Greece has been named one of the most generous nations worldwide, according to a new international research.

You May Also Like

Timotheou and Casella depart Sydney Olympic FC

Sydney Olympic FC has announced the departure of defender George Timotheou and forward Jaden Casella. Read more here.

Libya willing to discuss issue of maritime zone delineation, Athens says

Libya is willing to discuss with Greece the issue of maritime zone delineation, government spokeswoman, Aristotelia Peloni, said on Wednesday.

Dr John Zorbas raises concerns over delayed code yellow at Royal Darwin Hospital

Australian Medical Association NT President Dr John Zorbas has criticised the timing of the code yellow emergency declared at RDH.