⬅ # 521 Jim Davis|# 523 Alain Mérieux

# 522 Maria Angelicoussis 

$6.21B

Real Time Net Worth
as of 5/18/2024

# 522 Maria Angelicoussis 

$6.21B

Real Time Net Worth
as of 5/18/2024
OccupationCEO and Owner, Angelicoussis Group
Source of WealthShipping
Age42
ResidenceAthens, Greece
Marital StatusMarried
Children3
EducationMedical Doctor, Cambridge; University College London
Age-Adjusted Net Worth$21.0B
Maria Angelicoussis
Maria Angelicoussis
Greece
Net worth: $6.21B

Self-Made Score 

Biography

Overview

Maria Angelicoussis is the CEO and owner of Angelicoussis Group, a shipping company based in Athens, Greece.
She took over as CEO of the Group after the sudden passing of her father, John Angelicoussis, on April 10th, 2021.
The Angelicoussis Group was founded in 1947 by Maria’s grandfather, Antonis.
Maria obtained a medical degree from Cambridge University and worked as a junior doctor in the British National Health Service for two years.
She first joined the family business in 2008, returning to Greece from the U.K. to work as the group's vice president.
Maria Angelicoussis is married to Lawrence Frankopan, and they have three children.

Professional Career

Maria began her professional career as a doctor within the National Health Service.
She joined the Angelicoussis Group in 2008, initially serving as the group's vice president.
After her father's passing in 2021, Maria took over as CEO of the Angelicoussis Group.
Under her leadership, the Group has continued its rapid expansion, with 19 vessels currently under construction.
The Angelicoussis Group owns and operates Maran Tankers, Maran Gas, and Maran Dry, serving the oil, gas, and dry cargo markets, respectively.
With an operating fleet of 142 vessels, the Angelicoussis Group is one of the world’s largest privately-owned fleets, employing over 8,000 people.

Educational Background

Maria graduated with first-class honors in Medicine from Downing College, Cambridge, in 2003.
She completed her post-graduate clinical medical studies at University College, London, in 2006.
Maria's medical background equipped her with valuable skills before transitioning to the shipping industry.
Her educational journey reflects a commitment to excellence and a diverse skill set.
Maria's medical education likely contributes to her strategic approach to managing a complex shipping business.
Her academic achievements demonstrate a strong foundation for leadership and decision-making.

Philanthropic Involvement

Maria Angelicoussis serves as a Director of the Hellenic War Risks Committee.
She is a lifetime member and Chairman of the Antonios and Ioannis Angelicoussis Foundation.
The Foundation is financed by endowments from the Angelicoussis family and conducts extensive charitable activities.
It established the Antonios and Ioannis Angelicoussis Fellowship Fund at MIT, supporting post-graduate studies for students of Greek origin in MBA at the Sloan School of Management.
Maria's philanthropic efforts demonstrate a commitment to giving back to society and supporting educational initiatives.
Her involvement in charitable activities reflects a broader dedication to community development and academic advancement.

How long would it take you to become as rich as Maria Angelicoussis?

If you started with $10,000 and invested an additional $500 each month at a 44.10% CAGR, it would take you 5 years to reach Maria Angelicoussis's net worth of $6.21B.

Is this realistic? It depends how closely the VIX-TA-Macro Advanced model performs to its history in the future. Since Grizzly Bulls launched on January 1, 2022, it's returned 42.76% compared to 11.89% for the S&P 500 benchmark.

Enter data in all but one field below, then calculate the missing value

Maria Angelicoussis is very wealthy, but what's stopping you from reaching that same level of success? As summarized in our five fundamental rules to wealth building, becoming wealthy in a modern capitalist economy is not complicated. There's actually only three variables:

  1. Your starting capital
  2. Your earnings after expenses
  3. The compound annual growth rate (CAGR) of your savings

Most people start with zero or very little, so if you weren't born into wealth, don't fret! The majority of the fortunate folks listed in our Grizzly Bulls’ Billionaires Index came from middle class or lower backgrounds. The most distinguishing characteristic of the group is their ability to consistently earn a high CAGR on their savings.

Every billionaire has a unique strategy to achieve high CAGR. For Maria Angelicoussis, Shipping is the primary source. Whether you choose to invest your savings in your own businesses or the businesses of others is not as important. The salient piece of the puzzle is ensuring that your hard-earned savings are generating sufficient CAGR to reach your long term goals.

Most people simply invest their money in index funds and call it a day. There's nothing wrong with this approach, but it guarantees relative mediocrity. To achieve greatness, you need to invest your money to earn higher than average returns. In the long run, better investors will always finish ahead of better earners.

Source: Grizzly Bulls reporting

Methodology: Grizzly Bulls' Billionaires Index is a daily ranking of the world's billionaires and richest people. Grizzly Bulls strives to provide the most accurate net worth calculations available. We pull data from public equity markets, SEC filings, public real estate records, and other reputable sources.

The index is dynamic and updates daily at the close of U.S. stock market trading based on changes in the markets, economy, and updates to Grizzly Bulls' proprietary algorithm of personal wealth calculation. Stakes in public companies are tracked daily based on the relevant closing prices of the underlying securities. Additionally, stakes in private companies, cash, real estate, and other less easily valued assets are updated periodically through careful analysis of insider transactions, comparable public company sales / EBITDA multiples, etc.

Edited by: Lee Bailey