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The wealthiest Greeks of 2009

26 December 2009 / 10:12:39  GRReporter
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Fifth in the list are the millionaires Ioannis Kostopoulos   with 335 million Euro, who is chairman of the board of directors and executive director of Alfa Bank. The commercial bank is established 160 years ago by his grandfather Kalamata and today it is one of the largest banks on the Balkan peninsula with branches in Bulgaria, Serbia, Romania and Ukraine. In world scale it reaches over to the UK and USA. The seventy one years old Kostopoulos is also chairman of the group Ionian Hotel Enterprises (owners of the Athens Hilton Hotel) and along with his family they own 11% of Alfa Bank listed on the Athens Stock Exchange. According to the information in the Greek press, the American stock giant Fidelity Investments bought 2,31% of the shares of Alfa Bank at the end of August 2009, which increased their total volume to 2,5%

The list of the wealthiest Greek men includes entrepreneurs from all sectors of the economy and production, however special impression gives George Gerardos, who takes the twenty second place in the chart with 90 million Euro. He starts his business in 1969 with a small shop in the center of Athens and today he is the owner and manager of the largest software and hardware chain store in Athens with their own trade mark – Plaisio. George manages his company along with his son Kostadinos, who is the executive director and together they own 77,6% of the shares of the company, who is also listed on the Athens Stock Exchange.

Another millionaire known mostly as the major shareholder of the Greek football tem Olympiacos, is Socratis Kokkalis, whose wealth is valued at 197 million euro and is taking the 13th place in the chart. He is one of the founders of a small telecommunication company in 1977, which today has grown and is know under the name of Intracom Holdings – a leader in the development and support of telecommunication systems and security systems. Kokkalis is the executive director of Intracom Holdings, as well as the chairman of Intralot – the worlds second largest company for distribution of lottery systems, with a market in over twenty countries. Socratis Kokkalis owns 24,2% shares in Intralot and 21,4% of the voting rights in Kekrops (it has various activities – tourism, construction and mining).

The Fourlis family take the fifteenth place in the chart of the wealthiest Greek men with 167 million euro. The family business starts its upward trend in post-war Greece when in the year 1950 Anastasios Fourlis starts to import and sell German brand electrical appliances. Shortly after his three brothers join the business. Today the family is the official agent of the Swiss furniture company IKEA with brands in Greece, Cyprus and Bulgaria (in Sofia the first IKEA store is expected to open in 2011). Fourlis are wholesale agents for the Swiss chain stores as well as for a number of top brands of electrical appliances in Greece and Romania. The Fourlis family takes part in the franchise chain Intersport, which also has stores in Greece, Bulgaria, Romania and Cyprus. The children of the three brothers Fourlis – Vasilis Fourlis, Alexandros Fourlis, Dafny Fourlis and Leda Fourlis – own over 35% of the shares of Fourlis Holdings, according to company information.  

One of the most famous ship owners of the island of Khios is capitan Nikos Fragos who takes the seventeenth place in the chart of the wealthiest with his 151 million euro. In 1966 he establishes Good Faith Shipping Co. along with his friends Nikos Mundreas and in the 90s of the twentieth century it becomes one of the largest Greek shipping companies. The forty four years old daughter of Nikos, Ageliki Fragos takes the lead of the American company Navios Maritime Holdings, whose main activity is the commercial shipping and logistics. She owns about one fourth of the shares of the Navios Holding and is the chairman of the board of directors of the registered in London IRF European Finance Investments Ltd., who own 10% of the listed on the Athens Stock Exchange company Marfin Investment Goup (MIG). According to data from July 6th 2009, the family owns 10,7% direct and indirect shares in Singular Logic, one of the largest IT companies on the Greek market as well as 7,4% indirect shares in Vivartia, one of the largest companies in the food industry also part of MIG.

In the chart of the wealthiest could not be skipped George Bobolas, who takes the ninth place with 230 million euro. He starts as a construction entrepreneur in the 70s of the last century. Today not only he has projects developed all over the Balkan peninsula and the Near East, Bobolas is also a Greek media magnate, owner of the private chanel Mega as well as a number of newspapers and magazines. His forty two years old son Leonidas, a construction engineer is the executive director of the company Ellaktor, whih is listed on the stock exchange and owns about 15% of the direct and indirect shares of the company.

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