John Christodoulou – Net worth $3B

zeus yacht drone view

John Christodoulou, or Yiannakis Theophani Christodoulou, is a Monaco-based British billionaire with interests in property development.

He reportedly has a net worth of $3 billion and is also the owner of Yianis Group, a privately owned company interested in residential, hotel, retail, and leisure properties. He is the owner of the 74m yacht ZEUS.

Name:John Christodoulou
Net Worth:$3 BILLION
Source of Wealth:Yianis Group
Born:1965
Country:Monaco
Yacht:ZEUS

John Christodoulou Net Worth

Christodoulou is one of England’s largest freeholder landlords through his company, the Yianis Group. The company employs over 7000 people in the UK alone. According to the Sunday Times Rich List 2022, he has a net worth of $3 billion.

Christodoulou is a staunch supporter of Omonia Nicosia, the Cypriot football team. In October 2021, he was set to take over the professional football club from the current stakeholder Stavros Papastavrou, a New York-based Cypriot investor.

The deal was £30 million, but talks backed down when Christodoulou discovered that he would have to set the shares on Omonia fans after five years. He is the owner of the 74m yacht, ZEUS.

Business

Christodoulou trained as a diamond mounter after leaving school at 16. He began his career in Hatton Garden. He persuaded the landlord of small jewelers to allow him to occupy a workshop in return for a lower cut-price on jewelry repairs as rent.

He then moved into the building trade by taking jobs on construction sites before developing buildings under his name with bank financing. 

His first project was a studio flat, and he has grown his property portfolio into extensive property in London Docklands.

He is the owner of several high-profile properties, including the Marriott Canary Wharf, the Canary Riverside Plaza, which was previously the Four Seasons Canary Wharf, a heritage asset called Wool House, a Victorian warehouse in Whitechapel. He owns several other high-profile properties throughout the UK and Europe.

After April 2019, Christodoulou holdings went up by 25% due to the buoyant London rental market.

Personal Life

Christodoulou was born in Nicosia, Cyprus, on 24 May 1965, and moved to London in 1974 with his family as they fled the Turkish invasion of Cyprus.

He is married with four children and resides in Monaco with his family. 

Philanthropy

Christodoulou has many philanthropic endeavors, mainly supported through his Yianis Christodoulou Foundation. He started the foundation inspired by his displacement from his homeland as a child.

The foundation seeks to support the children and families in the UK, focusing on alleviating poverty and education. He has donated £1 million to the organization.

He also provided extensive aid in the COVID 19 pandemic, funding the distribution of free food packages to those in need and care packages to the NHS staff at The Royal London Hospital. 

The Yianis Group also offered two hotels for free to 750 Ukrainian refugees from the Ukrainian war for a year. He had an intimate understanding of the effects of being a refugee thanks to his family fleeing his home country and wanted to do his part in alleviating the pain refugees experienced. 

Christodoulou’s Foundation also entered into a sponsorship deal with the Tommy Foster Racing team. Tommy Foster is a Cornish racing prodigy, and the team won third place at the Le Mans Cup.

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