Australia’s richest 250 list for 2025 has been revealed and it showcases a powerful group of several Greek Australians.
The list, compiled and published by The Australian, features a prominent lineup of 20 fresh faces, among who the eldest, 84-year-old distinguished philanthropist Andreas Andrianopoulos, is a member of the Greek community. The list also features 30 individuals under 45, with the number of billionaires rising to 20.
Despite the rise of young tech titans, it is property that continues to fuel fortunes, with this year’s elite group boasting a total wealth reaching $700 billion.
Who are the Greek Australians featured in Australia’s annual Rich List for 2025
55. Dennis Bastas, $3 billion
He is the Executive Chairman of DGB Health, which he has built over the past decade with mergers and acquisitions and turned it into a major healthcare conglomerate. The group includes Arrotex, wellness and beauty brands like MCo Beauty and Nude by Nature, and a pharmacy support system. Bastas also founded and chairs myDNA, a genomic company.
66. Nick Politis, $2.5 billion
Politis is the owner of WFM Motors and director of Eagers Automotive. Nearing five decades with the Sydney Roosters NRL Club, which he has been sponsoring since 1976 and chairing since 1993, his fortune comes from Sydney’s City Ford, the club’s inaugural sponsor. Son of Greek migrants, Politis oversees a substantially privately-held automotive and property business.
88. Nick Andrianakos and Family, $1.85 billion
Nick Andrianakos, who built his fortune in petrol before moving to property, died in March 2025 during a visit to Argos, Greece at 81, reportedly from a heart attack. He is the founder of Milemaker Petroleum and Andrianakos Property Group. The family business, now led by his son, Theo, bought half of Melbourne’s Northland Shopping Center in February, its fourth such deal in four years.
107 and 108. Arthur and Terry Tzaneros, $1.62 billion
Father and son duo run ACFS Port Logistics, Australia’s largest privately-owned container logistics company, which marks its 20th anniversary this year and employees over 1,500 staff in Australia and New Zealand. They also own AGS Transport, a freight forwarding operation.
127. Nicholas Paspaley and Family, $1.32 billion
The family is known for its pearls, which began with Nick’s father, Nicholas Paspalis (later Paspaley), who moved to Australia from Kastelorizo and dedicated his life to the business that was officially established in 1935. The company remains a leader in luxury pearls and high-end retail. Over the years, the family has expanded into several sectors, including farming, aviation, ship repair and pearl meat production. Their property portfolio also includes the prestigious Wall Street Hotel in New York.
133. Theo Karedis and Family, $1.28 billion
Seventy years after emigrating from the island of Kythera, Theo Karedis has built a lasting business legacy in Australia. Starting with a milk bar in Neutral Bay, he later founded Theo’s, a major liquor retail chain, that at its peak was the fourth-largest retailer in Australia, before being sold in 2002 for around $200 million. Today, Karedis and his son Greg, oversee Arkadia Group, a family-owned property business.
206. Harry Stamoulis and Family, $797 million
Harry Stamoulis, son of the late Spiros Stamoulis, continues his family’s legacy in property investment, following the sale of the Gold Medal soft drinks business to Cadbury-Schweppes in 2004. Known for his $70 million mansion in Toorak, Stamoulis has expanded his real estate ventures. The family also owns 3XY Radio Hellas and Ta Nea newspaper in Melbourne.
213. Spiros Alisandratos, $776 million
He is the founder of Consolidated Travel, which he started in 1967. The company is one of Australia’s most successful yet low-profile travel businesses, providing ticketing services to more than 250 airlines around the world, as well as support for travel agencies. Alysandratos also holds a number of commercial property assets in Melbourne’s CBD.
224. Ilias Pavlopoulos, $754 million
Pavlopoulos with his brother-in-law Chepul helm one of the country’s largest non-bank lenders, ColCap. Founded in 2006, the company has a loan book of more than $15 billion. ColCop operates several brands, including Granite Home Loans, Origin Mortgage Management Services, and Homestar Finance, establishing itself as a major player in the lending space, both in Australia and abroad.
229. Con Makris and Family, $739 million
The Makris family started its business with properties in South Australia, where Con Makris emigrated at age 16, with a barbecue chicken shop. Makris Group owns property across Australia, notably the Endeavour Hills Shopping Center in Melbourne. He remains focused on the development of the $500 million Marina Mirage Gold Coast resort, set to open in 2027.
232. Kerry Karmanis, $712 million
After a brief stint in law, Harmanis founded nickel business Jubilee Mines in 1987. He famously sold the company in 2007 for $3.1 billion, just before nickel prices plummeted by 90 percent. He continues to be active in the mining sector, serving as chair of Talisman Mining, and has launched Mindful Meditation Australia, offering mindfulness and meditation education to schools and young people.
244. Andreas Andrianopoulos, $663 million
At 84, Andrianopoulos is the oldest debutant on the Richest 250 List. He owns one of Australia’s largest petrol station networks in Australia, AA Holdings. He bought his first service station with the BP logo in 1970, and along with his four sons, is still involved in running his 55 petrol stations. A noted philanthropist in Australia’s Greek community, he was awarded the Order of the Christ-Loving Medal last year -the highest honor from the Greek Orthodox Archdiocese of Australia.