Stavros Niarchos III net worth is
Stavros Niarchos III Wiki Biography
Stavros Niarchos III was born on 17 April 1985, in New York City, USA, of part-Greek descent. Stavros is a businessman and professional kiteboarder, but best known to be the heir to the Niarchos shipping fortune, founded by his grandfather who built one of the first supertankers. All of his endeavors have helped put his net worth to where it is today.
How rich is Stavros Niarchos III? As of mid-2017, sources estimate a net worth that is at $100 million, mostly gained through the family fortune. He’s also well known for a string of high profile relationships with popular models and actresses. As he continues his career, it is expected that his wealth will also continue to increase.
Stavros Niarchos III Net Worth $100 million
Stavros grew up in Paris, France. He attended College Stanislaus and then completed his secondary schooling at Seabury Hall in Hawaii. After matriculating, he attended the University of California Film School.
After a successful insurance settlement, Niarchos’ grandfather founded Niarchos Ltd which would create one of the first high capacity oil supertankers. The company rivalled with Onassis, as both were trying to claim the ownership of the largest tanker in the world. 1955 saw the launch of the SS Spyros Niarchos which was the world’s largest supertanker. Thanks to the increasing demand of oil as well as the Suez Canal Crisis in Israel, the business boomed. During conflicts between Israel and Egypt, the Canal was blocked off preventing oil being shipped through the usual route. The event caused the family to reach billions, increasing their net worth significantly. The business was eventually passed to Stavros Niarchos’ father Philip, whose mother descended from another shipping giant. There was also a horse racing business, but it was passed to another child.
Stavros’ parents would eventually divorce leading to a large settlement, though he remained as the heir of the shipping company. When he inherits the company, it is expected that his net worth will reach a very high point. However, most of the billions that his grandfather accumulated over time were given to a charitable trust. The other part was split between his children. Reports have stated that Stavros spends his time making films, skateboarding and kiteboarding, joining various competitions. He is considered to be a professional skateboarder and kiteboarder, though not many details exist about his accomplishments in these fields.
For his personal life, it is known that Niarchos has been linked to model Jess Hart since 2011 though their relationship eventually ended – they were rumored to have been engaged before the split. He’s also been linked to Lindsay Lohan and Mary-Kate Olsen, and had an on-and-off relationship with Paris Hilton. Niarchos resides in Beverly Hills, California. His sister is jewelry designer Eugenie Niarchos. He also has numerous extended family as his grandfather was married five times. Aside from these, he’s also active in social media through Facebook.
|Net Worth||$100 Million|
|Date Of Birth||April 17, 1985|
|Place Of Birth||New York City, New York, United States|
|Education||University of Southern California|
|Parents||Philip Niarchos, Victoria Niarchos|
|Siblings||Theodorakis Niarchos, Eugenie Niarchos, Electra Niarchos|