The richest Greeks of Australia
7 Greeks are included on the 2014 BRW Rich 200 list, the list with the wealthiest people on Australia that is issued annually by the prestigious magazine BRW.
On the 45th place of the list is Con Makris. He is the richest Greek of Australia. His fortune is estimated at 940 million dollars. Con Makris emigrated from Greece in the early 1960s. He settled in Adelaide where his sister lived and worked at a series of jobs in retail. He built up a chain of chicken shops across South Australia and Victoria which he sold in the 1980s to fund the purchase of his first shopping centre. He now controls a portfolio worth more than $800 million, much of it in South Australia although his focus is shifting to the Gold Coast.
Folowing Mr Makris, Kerry Harmanis, is on the 77th place with a 610 million dollars” fortune. Kerry Harmanis’ nickel miner Jubilee Mines was acquired by resources giant Xstrata in 2007 for $3.1 billion. The former barrister made about $500 million from the sale. Harmanis dropped his legal career for prospecting on the goldfields in the 1970s.
Harry Stamoulis and Family is on 86th place of the list, with 540 million dollars. The Stamoulis family fortune has its origins in the Gold Medal Soft Drink company, established by the late Spiros Stamoulis. He sold Gold Medal in 2004 and ploughed the money into a property development and investment company. Stamoulis’s son Harry took control after his father’s death in 2007. Their portfolio includes a Collins Street apartment project, office buildings and a country club.
Theo Karedis is on place 92, with a fortune of 500 million dollars. Theo Karedis sold his bottle-shop chain, Theo’s Liquor, to Coles Myer in 2002 for a reported $175 million in cash and shares. In 1955, he opened a delicatessen in Neutral Bay after arriving in Sydney from his birthplace on the Greek island of Kythera. When he sold out, his empire had grown to 48 stores and four hotels in NSW. He has since bought hotels in partnership with Arthur Laundy.
On place 117, we find Nick Politis, with a fortune of 410 million dollars. Nick Politis is a major shareholder and director of listed car dealership company AP Eagers. In 1974, Politis bought the Wright Ford car dealership business in Sydney and changed its name to City Ford. Politis now owns a string of car dealerships and properties through his company WFM Motors. Politis was also the first person to sponsor rugby league in Australia, with his City Ford brand supporting the Sydney Roosters in 1976.
George Koukis is on number 154 of the list. His fortunes is estimated at 325 million dollars. Greek-born George Koukis is founder of banking software company Temenos. Koukis reportedly bought the company for under $1 million before changing its name to Temenos in 1993. It is a global leader in the development of banking software. Originally from Chalkis, near Athens, Koukis migrated to Australia in 1971 with his wife.
Last but not least, is Spiros Alysandratos, who is on place 163 with 320 million dollars. Spiros Alysandratos emigrated to Australia in 1959 from the island of Kefalonia in Greece. His wealth derives from Consolidated Travel, a company providing wholesale ticketing services to travel agencies. It also supplies the back office operations in Australia for a dozen smaller foreign airlines.
Find the full list at BRW