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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 👁 1.5M
Beau Spends Earns Travels
How to Earn American Airlines Status Faster in 2024
⏲ 14 minutes 47 seconds 👁 2.3K
CNBC
Airline Status Explained And Is It Worth It?
⏲ 37 minutes 28 seconds 👁 40.4K
SpaceX launched Starship on Integrated Flight Test 3 from their Starbase facility in South Texas.<br/><br/>Credit:SpaceX | time-lapse edited by Space.com's Steve Spaleta<br/>Music: Epic Voyage by Dream Cave / courtesy of Epidemic Sound
Time-Lapse Of Relive SpaceX Starship's Epic Third Launch
⏲ 2:14 👁 1.9M
American Airlines
AA.com Online Check-in
⏲ 2 minutes 3 seconds 👁 107.2K
Techboomers
How to Track Your Flights Online
⏲ 5 minutes 26 seconds 👁 48.3K
The US Department of Justice says Boeing violated a 2021 settlement that protected the company from criminal prosecution related to two fatal 737 Max crashes. The DOJ accused the airplane manufacturer of breaching the agreement by not establishing a compliance and ethics program to prevent and detect violations of U.S. fraud laws in its operations. The settlement was meant to resolve a conspiracy charge over Boeing allegedly deceiving regulators about a flight system implicated in the crashes. Boeing denies violating the agreement and has 30 days to respond to the DOJ.
DOJ Accuses Boeing of Violating Settlement Agreement Over 737 Max Crashes
⏲ 0:38 👁 1.3M
QuickAviation
Rest in peace American 587
⏲ 29 seconds 👁 841.3K
Get Answers with Ellie
Does American Airlines have flight tracker?
⏲ 36 seconds 👁 11
One of the reasons why The New Look might be one of Apple TV+’s best shows is because of its remarkable cast. Following the iconic designers Christian Dior and Coco Chanel, who are played by Ben Mendelsohn and Juliette Binoche, the show’s roster of actors matches the legendary status of the fashion icons they’re playing. So, when I got the chance to chat with John Malkovich about playing Lucien Lelong, I had to ask about his collaboration with Mendelsohn, and he revealed which scene helped define their on-screen relationship.
John Malkovich Reveals The Scene He Shot With Ben Mendelsohn On 'The New Look' That Helped Define Their On-Screen Relationship, And It Makes So Much Sense
⏲ 1:53 👁 1.1M
Smithsonian Channel Aviation Nation
When Air Traffic Control Realized a 9 11 Flight Was Gone
⏲ 3 minutes 26 seconds 👁 385.9K
Midwest Avgeek
I think I’ll fly Spirit next time… #aviation #plane
⏲ 20 seconds 👁 1.3M
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