Meet The Greek Shipping Billionaires Getting Rich Off Russian Oil

Sanctions after the invasion of Ukraine sent tanker values soaring, boosting the fortunes of these Greek maritime moguls to record highs and minting at least seven new 10-figure fortunes.
Forbes estimates there are now at least 12 shipping billionaires in Greece, more than at any other time in history. Seven of them are making their debut in Forbes’ billionaire ranks. They are worth a collective $32 billion-the equivalent of roughly 12% of the country’s gross domestic product.
These tycoons are the latest in a line of swashbuckling pioneers hailing back to iconic figures like Aristotle Onassis and Stavros Niarchos, who launched the global oil tanker trade after World War II and became famous for their glamorous marriages and lifestyles. This newer group has been in shipping for decades but kept a lower profile. (Despite their success, none would speak to Forbes, while their representatives either declined to comment or did not respond.)
Read the full story on Forbes: www.forbes.com/sites/giacomot...
0:00 Introduction
0:24 Greece's Presence In The Shipping Industry
2:46 How Has Greece Made So Much Revenue With Shipping
6:59 How Onassis and Niarchos Reached 10 Figure Status
12:44 Tax Sanctions And Where It Applies In Greece
15:20 How Long Will Greece's Shipping Boom Last
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Пікірлер: 339

  • @stewiegiligan
    @stewiegiligan21 күн бұрын

    Forbes, what size do you wear in cement?

  • @albundy8049

    @albundy8049

    21 күн бұрын

    😂😅😂😅 only a few will get your joke ...but it's a good one

  • @SterPap

    @SterPap

    20 күн бұрын

    μύσταρε

  • @Hellas7Piraeus88

    @Hellas7Piraeus88

    18 күн бұрын

    Αν και Ολυμπιακός κλαίω..😂😂😂

  • @AbricsonK

    @AbricsonK

    16 күн бұрын

    My thought exactly

  • @yeorgios

    @yeorgios

    16 күн бұрын

    😂😂😂

  • @Matti_us_Alpe
    @Matti_us_Alpe22 күн бұрын

    When Americans get rich while dealing with shady people then it is ok and good.

  • @SomeoneElseRN

    @SomeoneElseRN

    21 күн бұрын

    isnt that right world health organisation, european leaders and pharmaceutical industries??????????

  • @giwrgossoiles3536

    @giwrgossoiles3536

    19 күн бұрын

    Σου θίξαμε του εφοπλιστές ;;;

  • @SomeoneElseRN

    @SomeoneElseRN

    19 күн бұрын

    @@giwrgossoiles3536 όχι.......... αλλά δε φταίνε αυτοί........ αυτοί επιχειρηματίες είναι......... οι κυβερνήσεις τι κάνουν;;;;;;;;

  • @sotossotos7901
    @sotossotos790121 күн бұрын

    The title is deceptive Greece has nothing to do with the shipowners. They are international businessmen and the ships are under foreign flags.

  • @MrGeor1983

    @MrGeor1983

    21 күн бұрын

    This is wrong. Ownership and management companies are based in Greece, although flags are foreign

  • @iwannisbalaouras1687

    @iwannisbalaouras1687

    21 күн бұрын

    The owhers are greeks. The most companies in usa like amazon, you think their government can control them? or the car industry of germany, you think their government can control them?

  • @zaxarispetixos8728

    @zaxarispetixos8728

    21 күн бұрын

    ​@@MrGeor1983Not is is not, they might have an office in greece because they started there but the main offices are in other countries.

  • @MrGeor1983

    @MrGeor1983

    21 күн бұрын

    @@zaxarispetixos8728 I ve been working in the shipping support industry for the last 6 years and I cooperate every day with the shipping companies !!! So I know better

  • @MrGeor1983

    @MrGeor1983

    21 күн бұрын

    Tankers that transported Russian petroleum products from Russia’s ports on the Black Sea directly to the ports of EU and G7 countries in violation of the embargo in October 2023: 8/10 HONESTY 9416393 50384 Liberia RU NVS ATD: 2023-10-24 21:03 ES ALG ALGECIRAS ATA: 2023-11-04 20:52 Ship manager/Commercial manager SEA PIONEER SHIPPING CORP-LIB 7th Floor, Bacolitsas Building, 284, Kifisias Avenue, Chalandri, 152 32 Athens, Greece. Registered owner HONESTY MARINE INC Care of Sea Pioneer Shipping Corp, 7th Floor, Bacolitsas Building, 284, Kifisias Avenue, Chalandri, 152 32 Athens, Greece. 04/10 HONESTY 9416393 50384 Liberia RU TUA TUAPSE ATD: 2023-09-27 16:10 GR LAKONIKOS GULF ATA: 2023-10-06 06:25 Ship manager/Commercial manager SEA PIONEER SHIPPING CORP-LIB 7th Floor, Bacolitsas Building, 284, Kifisias Avenue, Chalandri, 152 32 Athens, Greece. Registered owner HONESTY MARINE INC Care of Sea Pioneer Shipping Corp, 7th Floor, Bacolitsas Building, 284, Kifisias Avenue, Chalandri, 152 32 Athens, Greece. 07/10 VELOS DIAMANTIS 9571038 74902 Marshall Is RU TUA TUAPSE ATD: 2023-10-03 17:00 GR LAKONIKOS GULF ATA: 2023-10-08 15:13 Ship manager/Commercial manager VELOS TANKERS LTD 2, Ioannou Gennadiou Street, 115 21 Athens, Greece. Registered owner MANTIS MARITIME LTD Care of Velos Tankers Ltd, 2, Ioannou Gennadiou Street, 115 21 Athens, Greece 12/10 AGIOS NIKOLAOS IV 9464364 37557 Malta RU TUA TUAPSE ATD: 2023-10-09 12:17 GR LAKONIKOS GULF ATA: 2023-10-13 07:08 Ship manager/Commercial manager EASTERN MEDITERRANEAN MARITIME 69, Grigoriou Lampraki Street, Glyfada, 166 75 Athens, Greece. Registered owner FAIR WEATHER SHIPPING LTD Care of Eastern Mediterranean Maritime Ltd (EASTMED), 69, Grigoriou Lampraki Street, Glyfada, 166 75 Athens, Greece 19/10 SUNDORO 9430181 46851 Malta RU TUA TUAPSE ATD: 2023-10-15 12:39 GR LAKONIKOS GULF ATA: 2023-10-20 20:40 Ship manager/Commercial manager MARINE TRUST LTD-MAI Vergoti Square, Glyfada, 166 75 Athens, Greece. Registered owner ROD SHIPPING LTD Care of Marine Trust Ltd, Vergoti Square, Glyfada, 166 75 Athens, Greece 28/10 CHEM HELEN 9340116 38396 Liberia RU TUA TUAPSE ATD: 2023-10-24 08:35 GR LAKONIKOS GULF ATA: 2023-10-29 19:40 Ship manager/Commercial manager ROBIN ENTERPRISES SA Care of Hellenic Tankers Co Ltd, 3, Mouson Street, Kifisia, 145 63 Athens, Greece. Registered owner ROBIN ENTERPRISES SA Care of Hellenic Tankers Co Ltd, 3, Mouson Street, Kifisia, 145 63 Athens, Greece

  • @spirostravlos3801
    @spirostravlos380121 күн бұрын

    Yes-yes...Greeks living in Monaco, with offices in London with Panamanian flags and ships in all over the world. Money has no country.

  • @hhb_yiannis5470

    @hhb_yiannis5470

    16 күн бұрын

    Well...their nationality is Greek

  • @spolch9482

    @spolch9482

    8 күн бұрын

    The Greek merchant navy is the biggest in the world. Of course it's international.

  • @aarengraves9962

    @aarengraves9962

    3 күн бұрын

    with one exception. The Greek shipowners have formed their own guild/organization. Its a united body of rich-men with mutual interests and they keep getting richer.

  • @aarengraves9962

    @aarengraves9962

    3 күн бұрын

    and they control the largest merchant fleet on the planet.

  • @sars6224
    @sars622417 күн бұрын

    Greek shipping "industry". A nepotistic system revolving around a family owning ships.The only system where you pay zero taxes , and also the only industry where you can purchase a ship with 70%-90% financed by a bank depending how much your family owns politicians. And if your ship does not make money no worries just abandon it for the banks to take over, the citizens will pay. In Italy their mafia owns the civil sector , in Albania the drugs and human trafficking , in Greece the mafia owns the shipping sector, football clubs and the political parties. As a Greek i feel offended when i hear about the "Greek shipping industry" , these families have nothing to do with Greece , they produce massive wealth for their families and own the useless political parties we have around in the Greek "democratic" system for at least the last 70 years.

  • @user-gl9pf3io6r

    @user-gl9pf3io6r

    14 күн бұрын

    correct!!!!!

  • @user-gm3kn2ik6h

    @user-gm3kn2ik6h

    13 күн бұрын

    looooooooser

  • @innosanto

    @innosanto

    11 күн бұрын

    It isnt nepotistic, they are entrepreneurs who traditionally knew the seas very well and were captains who personally be on boats in the beginning many of them. Of course when the times changed they became businessmen and tradesmen. But they still know the sea trades very well. And by the way they give a very big amount of jobs in the country and as a field it is employing people with good salaries in contrast to for example tourism industry - hospitality which many times does pay the salaries that it should.

  • @user-gl9pf3io6r

    @user-gl9pf3io6r

    11 күн бұрын

    @@innosanto all these are not companies. They are mafia - families where make wholesale drugs around the world

  • @REd-ru5ce

    @REd-ru5ce

    10 күн бұрын

    @@innosanto Delulu. ''They give jobs''. Have you ever thought that these jobs would still exist cause someone, somehow would still occupy himself with the specific sector? Ofc they pay good salaries, they have to give motive to the people who know about the coco they carry. I noticed you didnt say much about how they don't pay taxes in Greece. I wont even comment on the ''they were captains who know the seas''. They were just rich or had the ''right'' connections. That's all you need in this shithole

  • @christostentes3199
    @christostentes319921 күн бұрын

    I cant see titles like "the american weapons industry getting rich selling war and death last 80 years" ...i wonder why?

  • @KlePhys

    @KlePhys

    18 күн бұрын

    Exactly

  • @ChristinaHellas

    @ChristinaHellas

    13 күн бұрын

    Hypocritical alas cart journalism...

  • @arip172

    @arip172

    5 күн бұрын

    well said

  • @rowinrowinson8455
    @rowinrowinson845521 күн бұрын

    Let's not talk about Lockheed Martin and General Dynamics that profit from war let's talk about obscure Greek ship owners that have zero influence in Washington

  • @leonfth

    @leonfth

    21 күн бұрын

    Exactly

  • @stavrosr9819
    @stavrosr981922 күн бұрын

    They don't even pay taxes in Greece as shipping is exempt from taxation. Hope that those of you that have a normal job and get extorted by taxation, feel a bit better now reading this. Enjoy!

  • @iwannisbalaouras1687

    @iwannisbalaouras1687

    21 күн бұрын

    shipping industry is 7,9 % of our total gdp

  • @stavrosr9819

    @stavrosr9819

    20 күн бұрын

    @@iwannisbalaouras1687 And debt industry is 159% of your total gdp

  • @georgetsapekis

    @georgetsapekis

    18 күн бұрын

    @@iwannisbalaouras1687 Only the domestic part and a few loyal owners that choose to have the Greek flag on their vessels. If Greek shipowners where taxed in Greece by EU standards, the Greek Economy would be at the top 20.

  • @iwannisbalaouras1687

    @iwannisbalaouras1687

    18 күн бұрын

    @@georgetsapekis that's in every country! You think amazon pays taxes? Only in my small village i have 5 people working in the shipping industry and we are close to mountain olympus

  • @georgetsapekis

    @georgetsapekis

    18 күн бұрын

    @@iwannisbalaouras1687 I'm just contradicting your comment regarding the GDP percentage that accounts for shipping in Greece. You mentioned it as if it was significant, which it is relatively to our GDP, however is merely a fraction of the true economic scale of Greek shipping.

  • @user-oy5io5vq9u
    @user-oy5io5vq9u21 күн бұрын

    Να μεταφέρει και ο Μελισσανίδης κάνα πετρέλαιο να πάρουμε κάνα παίκτη

  • @Michael8989o

    @Michael8989o

    19 күн бұрын

    Καλά περίμενε

  • @ElDiablo123

    @ElDiablo123

    12 күн бұрын

    XAXAXAXAXAXAXA

  • @NikolasTsakonas-jo4wz

    @NikolasTsakonas-jo4wz

    7 күн бұрын

    Αν δεν παρουμε παικτες αυτο το καλοκαιρι, ουτε στα ονειρα μας δεν θα δουμε το προταθλημα

  • @yvonneshanson1525

    @yvonneshanson1525

    6 күн бұрын

    Μετέφερε ξυλολιο κ έφαγε 57

  • @User.premiumpropertiesdeleste
    @User.premiumpropertiesdeleste21 күн бұрын

    WRONG ANÁLISIS! First, Shipping company will get payed as a transporter to move goods from point A to B...the ship owners are NOT TRADERS of oil but transportation contractors. Second, most of the "Greek" fleet isn't either registered in Greece neither operates from Greece. Most of Greek owners have their office in London. Braking sessions! LOOK IN TURKEY!!!

  • @georgetsapekis

    @georgetsapekis

    18 күн бұрын

    Very accurate. Furthermore, most of the charterers that employ those vessel, and subsequently own the cargo, are American companies, like Exxon and Shell.

  • @sotirismp2883
    @sotirismp288321 күн бұрын

    what number of cement do you wear?

  • @pakko7416

    @pakko7416

    20 күн бұрын

    Nonsense, the ship owners have nothing to do with such practices, as with Aristotle Onasis there was not a spec of shady business, it was all above board. Same with Stavros Niarchos and all the other major ship owners! You've been watching too much the Godfather movies!

  • @giannislainas5187

    @giannislainas5187

    20 күн бұрын

    @@pakko7416 Dude,have you heard about Noor1? This isnt ancient history like you talking about Onasis.

  • @georgetsapekis

    @georgetsapekis

    18 күн бұрын

    @@giannislainas5187 Marinakis is one dude, the rest don't have the same business endeavours.

  • @Tomasonbjj

    @Tomasonbjj

    14 күн бұрын

    ​@@pakko7416man search about Noor 1... Even the judges left the country to survive 🤣

  • @user-op2zh4uo3z
    @user-op2zh4uo3z18 күн бұрын

    Ok the Greeks are carrying it but who is buying russian oil? For whom they are carrying it for?

  • @alexrenn2479

    @alexrenn2479

    6 күн бұрын

    Like the report says, they're not doing anything illegal. This transport of oil benefits Europe.

  • @dggmn2109
    @dggmn210920 күн бұрын

    Can you also please make a video about how western companies make money in the area occupied by Turkey in Cyprus

  • @georgeiv6925
    @georgeiv692526 күн бұрын

    Greek shipowners made fortunes from breaking blockades . The first one was the one in Napoleonic wars and the wealth that accumulated actually helped the then enslaved Greeks to fight for their freedom for the ottoman empire back in 19th century. Now , the fact that some of the greek shipowners move or moved russian or iranian or venezuelan etc greek owned tankers are 25% of total global dwt and some of it used to carry russian oil since russia didnt have a taker fleet of its own and if they dont move it then someone else will take their contracts (now shadow fleets are doing the job). I think that the majority of them dont carry russian oil that is sold more than the legal rate to begin with. Its just business and if theres a need to move oil from one port to another greek shipowners will be there to do the job. As for tax benefits etc yeah as a greek i can tell you that greek shipowners dont pay 40 to 44 % of their annual income like other people do but i dont think that other great conglomerates or wealthy entrepreneurs pay their fair share of taxes to begin with. I dont think we invented offshore tax heavens in the first place.

  • @innosanto

    @innosanto

    11 күн бұрын

    It was also during Russian Empire that Greeks assisted trade between Russia and Mediterranean but even before that. What rhey are doing by promoting trade is known by states and is wanted and used, the states are customers since global and knternational supply chains are important for economies and industry even when conflict and more so then. And hence now it is important to trade the oil foe energy tomeconomies and western customers are bying oil even during fight to promote expnomy and industry

  • @ioakeimtheodoridis8280
    @ioakeimtheodoridis828020 күн бұрын

    i thought forbes was something serious. you cant possibly not know the fact that 80% and more of the fleet of the greek shipowners is flagged to a foreing nation, mostly for tax benefit reason, meaning greece gains nothing from this huge power. they have the power as shipowners, not greece.

  • @alexrenn2479

    @alexrenn2479

    6 күн бұрын

    The SNFCC was built by a Greek shipowner's foundation.

  • @ioakeimtheodoridis8280

    @ioakeimtheodoridis8280

    6 күн бұрын

    ​@@alexrenn2479so what?

  • @alexrenn2479

    @alexrenn2479

    6 күн бұрын

    @@ioakeimtheodoridis8280 So the shipowners provide for the nation.

  • @ioakeimtheodoridis8280

    @ioakeimtheodoridis8280

    6 күн бұрын

    ​@alexrenn2479 SNFCC stands for Stavros Niarchos Foundation Cultural Center. There also is the Aristotle Onassis Cultural Foundation in Athens. These are only 2 shipowners (both dead obviously, their families are running the business now). These two own maybe 200 ships combined. Greek shipowners own 5,000 ships. When we say 80% of the fleet, that is what we mean. Only a small percentage of the greek owned ships are registered in the greek flag, meaning, nothing comes back to Greece. You say they provide, but you only see a small example and not the whole picture.

  • @garmy441
    @garmy44118 күн бұрын

    ...and who buys the oil carried by their ships?

  • @stamy74

    @stamy74

    16 күн бұрын

    Exactly.....

  • @MaxWell-pp9zs
    @MaxWell-pp9zs19 күн бұрын

    Their venture in sports and media shows their diversified wealth beyond shipping. I shifted to solid research and diversification over guru advice, and made 1.3M in returns within the past 19 months. Applying certain principles works at any scale

  • @GoryNych-ru3op

    @GoryNych-ru3op

    19 күн бұрын

    Yes, money then influence and power, that's their game. you spoke about returns. how can you tell if it's a result of research or luck. luck is downplayed in investing but very key.

  • @MaxWell-pp9zs

    @MaxWell-pp9zs

    19 күн бұрын

    when its consistent, its not considered luck. research was the challenge until it led to Emily Ava Milligan, a top fund manager, her strategy made 320k into this and counting.

  • @GoryNych-ru3op

    @GoryNych-ru3op

    19 күн бұрын

    I pasted her name into my browser, her page popped right up. I quickly realized how popular her sessions were. Your example is rare, I wish I had it to reference earlier. Thanks

  • @questmarq7901

    @questmarq7901

    13 күн бұрын

    αυτο το αρχη-ηδη κανει διαφημηση

  • @lamondaforestry

    @lamondaforestry

    11 күн бұрын

    It's for money laundering schemes you genius

  • @alexandercoro5309
    @alexandercoro530922 күн бұрын

    Respect Greeks

  • @VasVordokas
    @VasVordokas26 күн бұрын

    Correction, getting rich off Western sanctions. This is how capitalism works, guys….cmon. We (Greeks) dominate this market. Past present future. PERIOD 🇬🇷📈⚓️

  • @TheGreekGodOfWallStreet

    @TheGreekGodOfWallStreet

    24 күн бұрын

    Amen 🇺🇸

  • @EdEd1119

    @EdEd1119

    23 күн бұрын

    Yess it’s True greeks controll the Olive Oil 😂but never Shipping Oil soo be real!

  • @cerebralrhetoric1013

    @cerebralrhetoric1013

    23 күн бұрын

    ​@@EdEd1119 No we dominate shipping, not oil. By the way, who on earth taught you when and when not to use uppercase letters? Your grammar is atrocious.

  • @johnathan99

    @johnathan99

    22 күн бұрын

    How can you be proud for something like that . Those guys made billions because of this war while you and i had and still have to pay 70% more for gas and food.

  • @EdEd1119

    @EdEd1119

    22 күн бұрын

    @@cerebralrhetoric1013 sorry for my English 😂,but we are give in argument about for shipping control not for English teacher😂✌🏻

  • @Kevinjimtheone
    @Kevinjimtheone21 күн бұрын

    This is quite misleading, tbh. This has nothing to do with Greece. These are independent businesses, usually family owned, and also usually basically exempt from taxation in Greece. Not only that, some of them are criminals (see Marinakis). Finally, it makes sense they would ship the 2nd most Russian oil if they have a top-3 shipping fleet in the world.

  • @Tlata3

    @Tlata3

    18 күн бұрын

    You’re definitely an AEK or PAO fan to say that BS about Marinaki. Stay salty buddy!!!

  • @georgetsapekis

    @georgetsapekis

    18 күн бұрын

    Εσένα αυτό σε μάρανε;

  • @Tlata3

    @Tlata3

    18 күн бұрын

    @@georgetsapekis ποιον;

  • @Kevinjimtheone

    @Kevinjimtheone

    18 күн бұрын

    @@Tlata3 I’m actually not a fan of any football team. I do try to support any of them when they play in a European tournament, though.

  • @Tlata3

    @Tlata3

    18 күн бұрын

    @@Kevinjimtheone so why do you say he’s a criminal? Because only the fans of those teams are persecuting somebody that wasn’t proven guilty!

  • @StefAdr
    @StefAdr18 күн бұрын

    Billionaires "Getting Rich" 😂 They were poor billionaires before this title 😂

  • @georgetsapekis
    @georgetsapekis18 күн бұрын

    Accurate as this observations is, it has failed to address the following: Firstly, that the owners resulting in this practice are a niche among a niche, meaning that the majority of the 600+ Greek owned, family ran businesses are not involved in such schemes. Lastly, Greek owners are not the only ones doing business with Russia, or Iran. So, the article is indeed informative, however lacks additional information and does not paint a clear picture of the il carrying industry.

  • @dickens123
    @dickens12325 күн бұрын

    Capitalism. Demand meets supply.

  • @matrasimca6192
    @matrasimca619213 күн бұрын

    It's called opportunity and you either grab it or leave it to others

  • @Diog3nes
    @Diog3nes21 күн бұрын

    That's nothing new, Greece is for many decades now no3 in units and no1 in cargo capacity...

  • @dimitrioskamperis9403
    @dimitrioskamperis940320 күн бұрын

    Hypocricy at its best.

  • @innosanto

    @innosanto

    11 күн бұрын

    The video yes

  • @dimitrioskamperis9403

    @dimitrioskamperis9403

    11 күн бұрын

    @innosanto yes, the video. Nobody saying about the billions that the war industry makes in USA.

  • @ioannisantoniadis6719
    @ioannisantoniadis671912 күн бұрын

    Unfortunately for the Greek people have to pay the highest price on oil in Europe.

  • @mickeymouse1697
    @mickeymouse169721 күн бұрын

    I STAND WITH RUSSIA , OIL IS OIL .

  • @leonfth

    @leonfth

    21 күн бұрын

    Yes it is

  • @brazilstreets7955
    @brazilstreets795523 күн бұрын

    Athenai navy lives strong

  • @nickthegreek693
    @nickthegreek69325 күн бұрын

    Thanks for information provided!!!

  • @VinayWebstar
    @VinayWebstar26 күн бұрын

    Here I'm an very big fan of Stelios Haji onnou and Evangelous marinakis, and their fleet of LNG tankers. Greece can indeed be an shining example for all ship owning countries of the World, Taiwan, Japan, Australia, Singapore and Hong Kong to say the very least

  • @michalisdaudakis2394

    @michalisdaudakis2394

    11 күн бұрын

    Who payed you to write this?

  • @topias12
    @topias129 күн бұрын

    so Thessaloniki will get two new concrete blocks at the harbor

  • @nickvoutos9060
    @nickvoutos906025 күн бұрын

    Title is wrong. Video says that Greek shipowners benefit from the situation and not breaking any laws/sanctions

  • @nickvoutos9060

    @nickvoutos9060

    25 күн бұрын

    In the end of the video. The journalist says that the shadow Russian fleet is taking business from visible GR fleet

  • @MrGeor1983

    @MrGeor1983

    21 күн бұрын

    No they have broken the law in the past years. This is the reason they received letters from US to stop doing that

  • @MrGeor1983

    @MrGeor1983

    19 күн бұрын

    @@nickvoutos9060 Greeks are selling their older fleet to Russians

  • @linobenetti6578
    @linobenetti657820 күн бұрын

    this is a very misleading reportage ... greek born owners or shareholders most of them permanent residents in london or n york or elsewhere , english college educated and citizens of the world well before england, great britain , UK and any other inventive appelation as a country name might ensue henceforth . all of the above comments cause its not difficult at all to read through the lines ... ciao a tutti glory to Poseidon kalimera to the world from Ithaca ( not NY)

  • @georgelaskaratos4366
    @georgelaskaratos436621 күн бұрын

    ΕΜΠ1 στο ξανθό...

  • @user-go2nb3cc1d

    @user-go2nb3cc1d

    20 күн бұрын

    Μερακλής!

  • @mithridil
    @mithridil18 күн бұрын

    Since this has to do with Greek billionaires I think the video should also have greek subs for non english speakers. Just saying...

  • @pandemonium7120
    @pandemonium712010 күн бұрын

    American purchases of laundered Russian oil worth at least $180

  • @user-tt5tq9jx6c
    @user-tt5tq9jx6c6 күн бұрын

    In every crisis there is opportunity .

  • @aurelmarinov8650
    @aurelmarinov865024 күн бұрын

    Καλα τσιμεντα!

  • @gstaron7481
    @gstaron748119 күн бұрын

    Such an interesting topic with a lot of information for the general public but it was very difficult to go through the video due to all the "a", "aa", and "am" before and after almost every sentence.

  • @sen_ex

    @sen_ex

    12 күн бұрын

    He has no idea why he’s talking about, hence the “um”s and all the other sounds. Typical modern day journalist.

  • @HighPowerOptionsTrades
    @HighPowerOptionsTrades26 күн бұрын

    Great content 💎💎💎💎💎💎💎💎💎💎💎💎

  • @jimmyking92
    @jimmyking927 күн бұрын

    Oil is necessary for our societies and economy to function. Somebody wants to buy and somebody needs to sell it. We Greeks are there to move it. We have been doing marine trading for millennia and will continue to do so, we own that game.

  • @pandemonium7120
    @pandemonium712010 күн бұрын

    Russian oil getting into UK via refinery loophole, reports claim - BBC

  • @vaioskoutis7998
    @vaioskoutis799820 күн бұрын

    A yes goood good job at they do perfect journalism. But Forbes doesn’t want to talk about the military industrial complex and how they are profiting from Isreal and Ukraine making multi millions no no no and this doesn’t even have to do with Greece 👎 very bad job Forbes

  • @littlereptilian7580
    @littlereptilian758013 күн бұрын

    How do you thought where oil comes from? The sky?

  • @iliassokolis
    @iliassokolis20 күн бұрын

    Thank you for this publicity! P.T Barnum once said: There is no such thing as bad publicity!

  • @leosam7097
    @leosam70975 күн бұрын

    What you can't / won't say is tha there is no embarco, sanctions, or trading "limitation" on the globe that was not violated by them since mid 1700s, or that they got 98% of all liberty ships ever produced and intended to replace the Greek state merchand fleet losses in battle of atlantic for nothing... (because of Greek kings corruption and allies need of a global merchant fleet)

  • @pandemonium7120
    @pandemonium712010 күн бұрын

    Bulgaria to continue exporting fuels from Russian oil to Ukraine

  • @prabakaran-uq3op
    @prabakaran-uq3op22 күн бұрын

    What's wrong with that, they are just doing business. Other European countries might be fools to not use cheap high-quality energy which they can get from the nearest Russian source.

  • @cgsather3309
    @cgsather330916 күн бұрын

    They sound like smart business people to me. If they were dumb, they wouldn’t have lasted as long.

  • @user-hc4px8gp5v
    @user-hc4px8gp5v20 күн бұрын

    what size of shoes do you wear my guy ? asking for a friend

  • @MalGent
    @MalGent25 күн бұрын

    I'm interested to see caribbean million/billionaires

  • @trooper1972
    @trooper197223 күн бұрын

    how many times did he say "um" ?

  • @user-mc1fk9zn1z
    @user-mc1fk9zn1z19 күн бұрын

    My man you are going to be one of the lucky ones you get to choose the number of cement you learn to swim with

  • @tsatsanisgreg
    @tsatsanisgreg8 күн бұрын

    They don’t just own the ships, but also the media companies and the electric companies. P.S. I wear 45 size shoe be it sportswear, casual or cement.

  • @matthaiosvlachos3526
    @matthaiosvlachos352618 күн бұрын

    Next video please : How us companies are getting rich by occupation and in Palestine

  • @pandemonium7120
    @pandemonium71209 күн бұрын

    EU 'still buying Russian oil products' as Turkey becomes re-export hub.... May 15, 2024

  • @user-ge5sr9fs2z
    @user-ge5sr9fs2z11 күн бұрын

    In Greece, we don't have free journalism, so such reporting is impossible. The comments joking about cement shoes are not joking. Thank you for doing this, although nobody touches these people.

  • @innosanto

    @innosanto

    11 күн бұрын

    Greek shipowners are fine, the shipping companies trade in global supply chain, the west is buying indirectly and this activities help global prices or thr prices of energy, commodities ans products would be even higher.

  • @alexrenn2479
    @alexrenn24796 күн бұрын

    The report outlines that they're not doing anything illegal and in fact are providing a valuable commodity to the West. The title makes it seem otherwise though, very loaded and can even be deemed racist because they're focussing on the ethnicity of one group dominant in shipping.

  • @sailor2507
    @sailor25078 күн бұрын

    I read a lot of nonsense here! Most countries have the tonnage tax system. Tonnage tax in Germany, Norway, UK, France, Netherlands is LOWER than the greek tonnage tax, plus, greek flagged vessels require at least 5 Greek crew members while these other flags do not! There are several american companies that have their shipping operations in Greece because that's where the expertise is (and lower salaries, rents, etc), even if the UK may have lower tonnage tax!

  • @PAPASTHEGREAT
    @PAPASTHEGREAT8 күн бұрын

    Marinakis is the Number One Drug Shipping Dealer of the World, Very powerful and Dangerous person

  • @antdava8353
    @antdava835319 күн бұрын

    Wep, and US companies sell electronic parts to RUSSIAN COMBAT DRONES. Don't see anybody talking about that.

  • @korgmangeek
    @korgmangeek10 күн бұрын

    15:20 "[Remark on war on Ukraine] bad for humanity, good for business". Oh, the humanity.

  • @91LiakoS91
    @91LiakoS9118 күн бұрын

    γνωστο αυτο.

  • @sonap8620
    @sonap862019 күн бұрын

    what size cement you wear

  • @AhmedMohammed-mg9eb
    @AhmedMohammed-mg9eb20 күн бұрын

    What's wrong with Russian oil

  • @NUCLEAR154
    @NUCLEAR15421 күн бұрын

    😊hi what happened to CRISTINA ONASSIS Daughter and her shipping empire inherited from her mother/grandfather?? So is Maersk their competiter😮

  • @user-lk7dy7of8q
    @user-lk7dy7of8q20 күн бұрын

    I didn't see worries about them

  • @baroodi100
    @baroodi10024 күн бұрын

    Good for them 😊 no one talks about American billionaires making money off th war

  • @user-gk9mj5bo2e
    @user-gk9mj5bo2e20 күн бұрын

    Im sure these ship owners are laughing over this story. Money makes the world go around

  • @georgios_5342
    @georgios_534219 күн бұрын

    Μαρινάκης στο thumbnail 😂

  • @scottyflintstone
    @scottyflintstone22 күн бұрын

    See Doomberg for some real insight into the failure of the Russian Oil restriction

  • @aleksandargjorgjeski
    @aleksandargjorgjeski21 күн бұрын

    So what?

  • @innosanto
    @innosanto11 күн бұрын

    They were rich much before this.

  • @ioakeimtheodoridis8280
    @ioakeimtheodoridis828020 күн бұрын

    greeks always had to do with transporting oil. after the sanctions to russia, they were loading the russian oil through indian ports, tranferring the product in international waters (i read a case for this happening in Meditarrenean, just outside peloponisos, Greece) and re-transfer the oil into another oil tanker (maybe more than one).

  • @AndrewFraga-jm5yw
    @AndrewFraga-jm5yw25 күн бұрын

    This little Forbes podcast setup is awesome. Thank you for catering to millennials.

  • @atimko123
    @atimko12319 күн бұрын

    Bo mention here of Chinese investment in Greek Port expansion....huh

  • @MrGeor1983

    @MrGeor1983

    19 күн бұрын

    Greeks would be happy to sell it to Europeans or Americans, but we had had no offer .... We had to sell it to Chinese. COSCO was the sole bidder for Piraeus Port.....

  • @skanthaadsigns
    @skanthaadsigns26 күн бұрын

    Great business model when one does not kow-tow to one side & serves all.

  • @tougeattack123
    @tougeattack12319 күн бұрын

    international level gangsters

  • @stamy74

    @stamy74

    16 күн бұрын

    This applies to US Government to be honest. They use proxies to start wars and protect their interests.

  • @whatsup-zh6qv
    @whatsup-zh6qv22 күн бұрын

    When they found 3 tons of heroin in his ship: no problem Transferring essential oil: oh no the monster

  • @georgenic64

    @georgenic64

    19 күн бұрын

    on his ship*

  • @jacknicolssen7492

    @jacknicolssen7492

    9 күн бұрын

    Guess which world power was in Afghanistan recently (leading opium producer country)

  • @ivans2618
    @ivans261822 күн бұрын

    Sanctions should be applied immediately

  • @GiambattistaRossi

    @GiambattistaRossi

    21 күн бұрын

    😂😂😂😂😂on us assets

  • @bigmungus4864

    @bigmungus4864

    20 күн бұрын

    Why ?

  • @anthonylourakis8289

    @anthonylourakis8289

    19 күн бұрын

    Yeah, and the global economy will collapse in 2 seconds. Greek shipowners control a very, very large share of international shipping

  • @cosmovanquish6523
    @cosmovanquish652320 күн бұрын

    All with America's blessing...

  • @costachristoo
    @costachristoo5 күн бұрын

    Is this a kind o propaganda, I don't get it, the Greek tankers are just couriers, you may ask who's asking them to bring the oil , and where is constribiuted

  • @MrGeor1983
    @MrGeor198321 күн бұрын

    Why US sanctions do not touch them?

  • @gadflyeye

    @gadflyeye

    20 күн бұрын

    Because they don't violate the US sanctions. The guy said it so many times!

  • @MrGeor1983

    @MrGeor1983

    20 күн бұрын

    @@gadflyeye there are several Greek owners that violated sanctions by having their tankers transport Russian petroleum products from Russia’s ports on the Black Sea directly to the ports of EU and G7 countries in violation of the embargo (mainly in LAKONIKOS GULF).

  • @anthonylourakis8289

    @anthonylourakis8289

    19 күн бұрын

    Because They have so much influence on global trade, that doing anything against them will make the global economy crash

  • @gadflyeye

    @gadflyeye

    19 күн бұрын

    @@MrGeor1983 Are you talking about events NOT mentioned in this video? I watched the entire video and didn't hear the interviewed guy mentioning that Greek ship owners violated any sanctions. They *do* transport oil, granted, but within the limits of what the sanctions allow. If you disagree, *give the minute and second within the video* (you know, 0:00) *where the interviewee talks about violations of sanctions* (other than the Venezuela incident, for which they were warned and backed off). If you can't indicate any such a point *in this interview,* then you're spreading slander, based on your personal feelings and empathy. On the other hand, if you're talking about *other* events ("LAKONIKOS GULF"), *outside this interview,* I am not the person who'll have a discussion with you on such matters because I don't know. Perhaps go and inform the interviewee. What I know is what I heard in *this* video, and *that's* what I'm willing to comment on.

  • @MrGeor1983

    @MrGeor1983

    19 күн бұрын

    @@gadflyeye I am talking about these events ("LAKONIKOS GULF") that might have been purposefully not mentioned as part of this discussion. Also, Greece instead of shaming their citizens (Greek Ship owners) for violating the sanctions in LAKONIKOS GULF, they protect them by fighting for them not be listed in the shame list that the Ukranian Government has compiled for international Sponsors of war. Annd yes Mr Prokopiou (also mentioned in the discussion) was on that list for a while....

  • @bigmungus4864
    @bigmungus486420 күн бұрын

    Congrats good on them. 😊

  • @ThodorisAthitakis
    @ThodorisAthitakis20 күн бұрын

    though they are greeks most of there investmenet goes to london Switxerland etc .

  • @vasilispants8241
    @vasilispants82415 күн бұрын

    Title is wrong: Greeks used to buy cheap Russian natural gas via pipeline, but now Greek shipping companies carry expensive LNG from the US. Same for oil. Of course these Greek companies have their offices and get taxed in foreign countries, have foreign flags and even most people working on the ships are not Greek. Only the owners are Greek...

  • @georgebethanis3188
    @georgebethanis318820 күн бұрын

    Μεγα το της θαλασσης κρατος

  • @matrasimca6192
    @matrasimca619213 күн бұрын

    When the Persians envaded Greece, there was an Oracle given at Delphi that Athens will be saved by Wooden Walls. By Wooden Walls they meant ships. Ever since the Greeks never forgoten this Oracle!!!

  • @whatsup-zh6qv
    @whatsup-zh6qv22 күн бұрын

    Good for Greece!

  • @91LiakoS91

    @91LiakoS91

    18 күн бұрын

    is not good for greece, it's good for their pocket's.

  • @Njabzillah
    @Njabzillah21 күн бұрын

    Did this guy mention Aristotle and WWII in the same sentence? 🙆🏽‍♂️

  • @anonymos59
    @anonymos5920 күн бұрын

    Forbes is more like a lifestyle media than a financial one. Inaccurate figures and sketchy analysis.

  • @user-gn5bn6ys3k
    @user-gn5bn6ys3k12 күн бұрын

    Greece has somwthing to do with the shipowners. Greek citizines although no. The state has close to 0 benefit. These guys pay 0 taxes (well to be more specific the are under the "voluntary tax system" so they pay, if they choose to pay, whatever they want). 😂😂😂

  • @renemartin5729
    @renemartin572924 күн бұрын

    Correction, Meet The Greek Shipping Billionaires Getting Rich Off Sanctions.

  • @KlePhys
    @KlePhys18 күн бұрын

    First the impose sanctions and then they are crying

  • @terencewinters2154
    @terencewinters215426 күн бұрын

    But piraeus the port of Athens has been sold or at least. Longtime leased to China. From antiquity it was olive oil today a different oil . Russia has had a big influence in Cyprus. EU and nato don't control these shipping oligarchs. Pipes blocked oil can't back up or pipes break higher market fees have lured Greeks into selling old oiler inventories . And to keep the newer ones active shipping by sea .

  • @ivantheterrible4317

    @ivantheterrible4317

    23 күн бұрын

    They absolutely do. Greek Billionaires shipmen are controlled by USA. USA still imports products from Russia and the EU is doing that too. They are just lying to the public.

  • @Reynold-Kelly
    @Reynold-Kelly26 күн бұрын

    I'm favoured $130k every 4 weeks! I now have a good house and can afford anything and also support my family

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    @Reynold-Kelly

    26 күн бұрын

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    @Reynold-Kelly

    26 күн бұрын

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    @MarcusSausi709

    26 күн бұрын

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    @Devocion-Souza

    26 күн бұрын

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    @WebsterVissel

    26 күн бұрын

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  • @SalmanovGadzhimurad-pj9qq
    @SalmanovGadzhimurad-pj9qq25 күн бұрын

    Проблемы тоже есть и много…здоровье и семья важнее

  • @otis3744
    @otis374425 күн бұрын

    Id do it too - not even going to say if i was him

  • @TartarusPyro
    @TartarusPyro18 күн бұрын

    Tognini ετοιμάσου να να γνωρίσεις τον Άδη