The 2025 edition of The List: Australia’s Richest 250, published by The Australian, has spotlighted the nation’s wealthiest individuals, with Greek Australians prominently represented.
A new tally of the nation’s wealthiest showcases a robust Greek Australian contingent. This year’s notable lineup features 30 individuals under 45, with billionaires rising to 20. Among the 20 fresh faces, the eldest is a distinguished philanthropist from the Greek community. While property continues to fuel fortunes, emerging tech trailblazers are making their mark. Together, this elite group boasts a combined wealth exceeding $700 billion.
Below are the standout Greek Australians on this year’s list:
Dennis Bastas (Rank 55) – $3 billion
Leading DGB Health as Executive Chairman, Bastas has spent a decade crafting a conglomerate through savvy mergers. The company includes Arrotex, the country’s top generic drug maker, and a suite of beauty and wellness brands like MCo Beauty and Nude by Nature. DGB also encompasses the Axe health services division, a pharmacy support arm, and myDNA, a genomics venture he founded and chairs
Nick Politis (Rank 66) – $2.50 billion
A powerhouse in cars and rugby league, Politis owns WFM Motors and serves as a director at Eagers Automotive. Nearing five decades with the Sydney Roosters NRL club—sponsoring since 1976 and chairing since 1993—his fortune stems from Sydney’s City Ford, the club’s inaugural sponsor.
Nick Andrianakos & Family (Rank 88) – $1.85 billion
Nick Andrianakos, founder of Milemaker Petroleum and Andrianakos Property Group, passed away at 81 last Sunday during a trip to Greece. Now guided by son Theo, his family has pivoted to property, snapping up half of Melbourne’s Northland Shopping Centre in February—their fourth major acquisition in as many years.
Arthur Tzaneros (Rank 107) & Terry Tzaneros (Rank 108) – $1.62 billion
This father-and-son team runs ACFS Logistics, Australia’s biggest privately-held container logistics firm, celebrating 20 years in 2025. With over 1,500 employees across Australia and New Zealand, they also own AGS World Transport, a freight forwarding operation.
Nicholas Paspaley & Family (Rank 127) – $1.32 billion
The Paspaley pearl dynasty began with Nicholas Paspalis (later Paspaley), a Kastellorizo native who settled in Australia and formalized the business in 1935. Now, it spans pearls, agriculture, real estate—including New York’s Wall Street Hotel—plus pearl meat, aviation, shipbuilding, engineering, and two vineyards.
Theo Karedis & Family (Rank 133) – $1.28 billion
Seventy years after arriving from Kythera and opening a milk bar in Neutral Bay, NSW, Karedis created Theo’s liquor chain, once Australia’s fourth-largest, sold to Coles in 2002. He and his son Greg now oversee Arkadia Group, with 11 shopping centers, homemaker retail properties, and hotels.
Harry Stamoulis & Family (Rank 206) – $797 million
Harry’s late father, Spiros Stamoulis, launched Gold Medal soft drinks in the 1960s, later sold to Cadbury-Schweppes in 2004. The family shifted gears to Melbourne real estate and owns 3XY Radio Hellas and Ta Nea newspaper.
Spiros Alysandratos (Rank 213) – $776 million
Since establishing Consolidated Travel in 1967, Alysandratos has made it Australia’s leading private airline wholesaler, servicing over 250 global airlines. He holds multiple Melbourne CBD properties, with son Dennis as Managing Director and daughter Olivia on the team.
Ilias Pavlopoulos (Rank 224) – $754 million (shared with Andrew Chepul)
Pavlopoulos and his brother-in-law Chepul lead ColCap, a major non-bank lender founded in 2006, boasting a $15 billion loan portfolio. Their holdings include Origin Mortgage Management Services, Homestar Finance, Granite Home Loans, and the UK’s Molo, which they fully acquired last year.
Con Makris & Family (Rank 229) – $739 million
Arriving from Greece at 16, Makris started with a charcoal chicken shop in South Australia. Today, Makris Group owns properties nationwide, including Melbourne’s Endeavour Hills Shopping Centre, and is spearheading the $500 million Marina Mirage Gold Coast resort, due in 2027.
Kerry Harmanis (Rank 232) – $712 million
After dabbling in law, Harmanis launched Jubilee Mines in 1987. He sold the nickel outfit in 2007 before a 90% price drop. He remains tied to mining exploration and founded Mindful Meditation Australia to promote mindfulness education for youth.
Andreas Andrianopoulos (Rank 244) – $663 million
At 91, Andrianopoulos is the list’s oldest newcomer. From a single BP station in 1970, he built AA Holdings, a major petrol station network, now managed by his four sons. A Greek community benefactor, he earned the Order of the Philochrists in 2024 from the Greek Orthodox Archdiocese of Australia.
These Greek Australians exemplify determination, ingenuity, and a lasting impact across various industries, securing their places among Australia’s richest in 2025.