Theodore Angelopoulos – Net Worth of $500 Million

okto yacht 1

Theodore Angelopoulos is a Greek shipping magnate and the founder and owner of Metrostar Management. He has interests in oil tankers, shipping goods, and real estate.

He has a net worth of $500 million and is also the owner of the Oceanco shipyard. He owned the superyacht OKTO.

NAMETHEODORE ANGELOPOULOS
NET WORTH$500 MILLION
SOURCE OF WEALTHMETROSTAR MANAGEMENT
BORN1943
COUNTRYGREECE
YACHTOKTO

Theodore Angelopoulos’ NETWORTH

Angelopoulos was born in Athens in 1943. He lived in Switzerland for many years and worked towards a BSc in Business Administration from the University of Zurich.

Angelopoulos purchased Oceanco in 2002. Oceanco is a Dutch shipping company with a long history in shipbuilding. The company began focusing on building ships that were over 80m and built several semi-customer series.

Angelopoulos has re-established the company as a leading builder of custom luxury superyachts. The company was responsible for producing incredible superyachts like VIBRANT CURIOSITY and Steven Speilberg’s yacht SEVEN SEAS. In 2010, he sold the shipbuilding company to Mohammed al Barwani.

Angelopoulos was the owner of the superyacht OKTO. He sold the 66m yacht in 2020 for an asking price of EUR 39 million. It’s unclear who the present owner of the yacht is.

Before owning OKTO, he was the owner of ALFA NERO, a yacht he ordered from Oceanco. The ship was listed for sale in 2011 and sold to Russian billionaire Andrey Guryev for $115 million.

Angelopoulos owns a summer house in Mykonos. He also owns homes in Greece, London, and France. 

In 1990, he bought the Old Rectory in Chelsea, London’s largest and most expensive residential property at the time. It was likely the first property to sell for more than £10 million.

BUSINESS

Metrostar Management is based in Athens, which Angelopoulos established in 1996. His company has become one of the worlds leading oil tanker operators, with six large vessels.

The tankers measure 274m / 156.500 DWT and include the M/T CRUDE LEVANTE built-in 2021. The company also is involved in the tanker trade and solved Very LARGE Crude Carriers for $610 million in 2010.

Angelopoulos’ family were pioneers in the Greek steel industry and has been involved in the dry cargo sector since the 1950s.

Angelopoulos has built an internationally based company group with interests in shipping, steel, and real estate, as well as other financial interests.

PERSONAL LIFE

Angelopoulos’s wife is Gianna Angelopoulos-Daskalaki. She is Ambassador-at-Large for the Hellenic Republic and was named one of Forbes’s 50 most powerful women.

She is well known for being the leader who bid for and organized the 2004 Sumer Olympics 2004. She is the author of My Greek Drama: Life, Love, and One Woman’s Olympic Effort to Bring Glory to Her Country, a New York Times Bestselling book.

The Angelopoulos share three children: Panagiotis, Dimitris, and Carolina Angelopoulos.

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