Greek Investor Evangelos Marinakis

Business Insights
06/11/2019

Evangelos Marinakis is a Greek shipping magnate and investor with a net worth of $650 million.


He owns two football clubs – Nottingham Forest in England and Olympiacos in Greece – and is a member of Piraeus city council.


Shipping Career


Mr Marinakis founded the Capital Maritime & Trading Corp, continuing to serve on the board as Chairman. As at 2017, the Capital Maritime Group’s fleet consisted of more than 70 ships, including container ships, dry bulk carriers and tankers. The Marinakis family controls Capital Maritime Group.


From March 2010 to September 2011, Evangelos Marinakos also presided as Chairman and CEO of Crude Carriers Corp, a New York Stock Exchange-listed company. He has also served as Chairman of Capital Product Partners LP, and Commercial Manager of Capital Ship Management Corp.


Political Career


Mr Marinakis was elected as a member of the Piraeus City Council in May 2014.


Football


Evangelos Marinakis owns his Piraeus home team, Olympiacos, serving as President since 2010. Under his direction, Olympiacos held the Greek League title for seven consecutive seasons.


Mr Marinakis serves as Superleague Greece’s President. He presided as the Hellenic Football Federation’s Vice President from 2010 to 2011.


In May 2017, Mr Marinakis became a majority shareholder in Nottingham Forest, a former double European Cup-winning English Championship club. In early 2019, the club announced a £50 million redevelopment project at City Ground, turning it into a 38,000 seat world class stadium.


Philanthropy


Mr Marinakis has financed a number of causes, both personally and as President of Olympiacos Football Club. He has privately pledged €80,000 per annum for an initial 10 year period to a museum dedicated to Greek author Nikos Kazantzakis, located on the island of Crete.


In September 2014, Evangelos Marinakis personally financed the creation of a bust of Alexander Ypsilantis in Greece’s capital city, Athens.


As Olympiacos President, Mr Marinakis funded meals for thousands of people in Athens through the Genesios Theotokos benevolent fund. In 2010, the club hosted the UNDP Match Against Poverty, raising more than $500,000 for those affected by earthquakes in Pakistan and Haiti.


Personal Life


Evangelos Marinakis was born in the Greek city of Piraeus in 1967. He studied at the American International University in London, earning a BA in International Business Administration and an MSc in International Relations. Today, he divides his time between his homes in Athens, Greece and London, England.