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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.<br/><br/>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.<br/><br/>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.)<br/><br/>Read the full story on Forbes: https://www.forbes.com/sites/giacomotognini/2024/05/13/meet-the-greek-shipping-billionaires-getting-rich-off-russian-oil/?sh=6323b9ce74f1<br/><br/>0:00 Introduction<br/>0:24 Greece's Presence In The Shipping Industry<br/>2:46 How Has Greece Made So Much Revenue With Shipping<br/>6:59 How Onassis and Niarchos Reached 10 Figure Status<br/>12:44 Tax Sanctions And Where It Applies In Greece<br/>15:20 How Long Will Greece's Shipping Boom Last<br/><br/>Subscribe to FORBES: https://www.youtube.com/user/Forbes?sub_confirmation=1<br/><br/>Fuel your success with Forbes. Gain unlimited access to premium journalism, including breaking news, groundbreaking in-depth reported stories, daily digests and more. Plus, members get a front-row seat at members-only events with leading thinkers and doers, access to premium video that can help you get ahead, an ad-light experience, early access to select products including NFT drops and more:<br/><br/>https://account.forbes.com/membership/?utm_source=youtube&utm_medium=display&utm_campaign=growth_non-sub_paid_subscribe_ytdescript<br/><br/>Stay Connected<br/>Forbes newsletters: https://newsletters.editorial.forbes.com<br/>Forbes on Facebook: http://fb.com/forbes<br/>Forbes Video on Twitter: http://www.twitter.com/forbes<br/>Forbes Video on Instagram: http://instagram.com/forbes<br/>More From Forbes:http://forbes.com<br/><br/>Forbes covers the intersection of entrepreneurship, wealth, technology, business and lifestyle with a focus on people and success.
Meet The Greek Shipping Billionaires Getting Rich Off Russian Oil
⏲ 17:15 👁 6.7M
The Celebrity Expert - FilMonger
Celebrities Who Are Obsessed With Xolo Mariduena
⏲ 10 minutes 11 seconds 👁 11.3K
Still Watching Netflix
Cobra Kai Cast Compete to Make the Most Badass Dojo Name | Unlocked | Netflix Geeked
⏲ 3 minutes 35 seconds 👁 77.8K
Fitness guru Joe Wickswowed children from Vale School Worthing when he visited them on Wednesday 15th May
TV personality visits Worthing School
⏲ 2:15 👁 7.1M
Still Watching Netflix
What's on My Phone with the Cobra Kai Cast | Netflix
⏲ 3 minutes 48 seconds 👁 272.3K
Lone Lobos Official
Tanner Buchanan, You're Welcome | Xolo Maridueña & Jacob Bertrand's Lone Lobos #45
⏲ 1 hour 13 minutes 6 seconds 👁 45.1K
A family say a disgraced 'no win no fee' law firm is ‘liable’ for a spritely grandad’s death - after he was left footing a £12,000 court bill when it collapsed.<br/><br/>Ian Lofthouse, 74, was one of roughly 1,800 victims saddled with huge unexpected court costs after SSB Law went bust owing £48m worth of debt in January this year.<br/><br/>MPs are set to meet his devastated relatives - along with seven other ex-clients - in parliament on Tuesday (14) to discuss their experiences with the 'cowboy' company. <br/><br/>But his grieving widow Katrina, 71, said SSB Law had acted \
Family say no win no fee law firm partly liable’ for a spritely grandad’s death
⏲ 4:2 👁 16.2M
Boy Actors
Xolo Mariduena Instagram live stream 7 June 2018
⏲ 21 minutes 55 seconds 👁 17.5K
WBNX-TV 55
TMZ LIVE On Demand: Kyle Richards: Mauricio Finally Moved Out!
⏲ 1 minute 57 seconds
A stunning rural home worth £3m is up for grabs. The five-bedroom home, located near Farnham in Surrey, will be awarded to one lucky winner in the Omaze Million Pound House Draw - along with a £100,000 cash prize.<br/><br/>Complete with pool house, gym and sauna, the luxury home will come mortgage-free, with all stamp detail and legal fees covered.
Look inside £3m prize-draw mansion with pool
⏲ 2:23 👁 4.7M
Still Watching Netflix
Cobra Kai | First Times with Xolo Maridueña and Mary Mouser
⏲ 9 minutes 7 seconds 👁 1M
Still Watching Netflix
Jacob Bertrand, Xolo Maridueña & Gianni DeCenzo Answer a Nosy Cookie Jar | Cobra Kai | Netflix
⏲ 5 minutes 25 seconds 👁 114.1K
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