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List of Greek millionaires in London revealed May 1, 2007

Posted by grhomeboy in Living.

The Sunday Rich List recently highlighted the wealth of some of the public faces of the Greek community of the UK however another layer of millionaire/billionaires has now emerged in an Evening Standard report by City Editor Chris Blackhurst, the London Greek News reports.

Leading the pack of the undercover millionaires is Phillipe Niarchos the son of late tycoon Stavros Niarchos who left on his death an estimated 3 billion UK pounds. Married to Eugenia Livanos Niarchos is valued at 850 million UK sterling but may easily exceed this.

Hot on Niarchos heals is another secretive shipping tycoon John Chandris valued at 700 million UK pounds the head of the Chandris organisation and carrying 500,000 passengers on his companies fleet of ships.

In the list is a well known figure in the Greek Cypriot community Haris Sophoclides who gave the Labour Party 1 million UK pounds and has close links with John Prescott, his wealth is valued at 100 million UK pounds. Harry is currently the President of the World Federation of Cypriots and the Greek Brotherhood the UKs representative body for Greek Cypriot organisations in the UK.

The Sunday Times Rich List highlights the rising value in the Cypriot Haji-Ioannou stock with a position as 21st richest Britain with an approximate value of 1.290 billion pounds UK or 2.4 billion US dollars. The rise in the Haji-Ioannou stock of 563 million pounds UK in a year is a result of the boom of the Easyjet shares in which the family own around 35 per cent of the business.

Chris Lazari the largely reclusive private business man is now ranked at 40th with a rise of 300million UK sterling to a value of 1.3 billion UK, the rise largely down to the rise of commercial property in London.

The surprises are the slump in the Andy Panayiotou stock from 81stlast year to 104th this year with a value of 715 million UK sterling a drop from last year from 725 million UK sterling. The rise of John Christodoulou to the stellar rating of 82nd richest man in the UK with a value of 835 million UK sterling further highlights his Yianis Groups aims to be a premier property group with the recent acquisition of the Marrtiot Hotel in the Docklands. The Greek mainlanders in the guise of shipping tycoons Michael Lemos, John Goulandris make a strong showing with the index mostly dominated by Greek-Cypriots with major businesses in the UK like Theo Paphitis 557th and Tony Yerolemou at 375th.

According to the London Greek News statement, they are aware of another 20 individuals of Greek extraction with wealth in excess of 50 million UK pounds many of whom prefer to keep their names out of the public eye.



1. pavlou - June 19, 2007

Have you seen Greek Rich List magazine? http://www.greekrichlist.com

It lists Britain’s top 50 richest Greeks

2. greekrichlist - December 7, 2007

Greek Rich List Magazine issue 2 is due for release in March 2008. Profiling the top 100 Greeks in the UK, compiled by Philip Beresford editor of the Sunday Times Rich List.


Issue 1 available now!

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