10 Greek Australians named to Financial Review’s 2022 Rich List

The Australian Financial Review’s rich list for 2022 is published with the richest and most influential people in Australia, including 10 Greek Australians.

Owner of WFM Motors, director of Eagers Automative and chairman of the NRL club, Sydney Roosters Nick Politis tops the list, ranked 51st with a fortune of $2.23 billion. The Kytherian, being Australia’s most successful car seller, has built an empire that includes dozens of its own car dealerships in Sydney, Melbourne and Queensland.

Nick Polis. Photo: www.eagersautomotive.com.au

Next up is Darwin’s Nicholas Paspaley, executive chairman of the Paspaley Group of Companies at No. 108. The family business, which turns deep-sea pearls into fine jewelry, has amassed a fortune of $1.28 billion. In addition to the pearl retail business with 1,200 employees, the group has an aeronautical and maritime services division, pastoral and tourist operations and a real estate portfolio.

Property tycoon Con Makris and his family sit $1.2billion at No 118. Mr Makris is chairman of the Makris Group and has assets on the Gold Coast and shopping malls in Adelaide and Melbourne .

With Makris. Photo: Supplied

Nick Andrianakos and his family, with $1.09 billion at No. 126, are behind Milemaker Petroleum and Nikos Property. A huge force in commercial property, the family owns numerous properties including 50 and 60 Flinders Street in Adelaide, they are also building a luxury hotel in Nafplio, Greece. The Andrianakos family also retained the freehold lands of many service stations.

The founder of one of Australia’s largest underground travel companies, Consolidated Travel, Spiros Alysandratos, amassed a fortune of $995 million selling ticketing technology and services to airlines and travel agents, as well as travel insurance products. He was named at #138.

Not far away, at No. 139, Dennis Bastas is $990 million as the founder, president and CEO of Arrotex Pharmaceuticals. The company manufactures about a third of the drugs distributed under the Pharmaceutical Benefits Scheme and has annual sales of $1.1 billion. Along with Canadian investors, he also owns Juno Pharmaceuticals, which makes post-patent drugs for hospitals, and chairs the genomics company myDNA.

Theo Karedis at #141 is the co-founder of Theo’s Liquor and Arkadia Property Group. Karedis’ fortunes increased when Theo’s bottle store chain was sold to Coles in 2002 for $175 million. His real estate company Arkadia owns 25 commercial properties in Australia.

Harry Stamoulis and his family came in at number 145 with a net worth of $935 million. Stamoulis is a leading property developer based in Melbourne and with projects in Australia. The Stamoulis family also owns a radio 3XY and greek newspaper Your Nea. The road was set for Harry by his father, the late Spiros Stamoulis, once a middleweight Greco-Roman wrestling champion who became a sensation in Australia but turned into a businessman by establishing Gold Medal Drinks in 1969.

At No. 170 sits George Koukis with a calculated value of $788 million. Koukis was a Qantas employee who offered to computerize the airline’s managed accounting system. He founded the software and IT company Koukis Aviation.

Kerry Harmanis at No 175 has a net worth of $766 million and is a shareholder in several listed mineral exploration companies in Western Australia.

The 10 richest people in Australia include: 1. Gina Rinehart – $34.02 billion, 2. Andrew Forrest – $30.72 billion, 3. Mike Cannon-Brookes – $27.83 billion, 4 Scott Farquhar – $26.41 billion, 5. Anthony Pratt and his family – $24.30 billion. , 6. Harry Triguboff – $21.25 billion, 7. Clive Palmer – $19.55 billion, 8. Melanie Perkins and Cliff Obrecht – $13.80 billion, 9. Ivan Glasenberg – $12.20 billion dollars, 10. Frank Lowy – $9.27 billion.

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