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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 👁 8.8M
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Trading Cards Decide My FC Mobile Team
⏲ 12 minutes 45 seconds 👁 501.9K
Futcrunch
Whatever You Hit, You Get!
⏲ 17 minutes 47 seconds 👁 12.4M
With the WNBA season kicking off, it’s no surprise that the brand selected five remarkable players for its iconic collection.
WATCH: In My Feed - Skylar Diggins-Smith is a Part SKIMS' Latest Campaign
⏲ 1:9 👁 27.4M
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FC24 King of the Hill: Winner Stays On!
⏲ 19 minutes 7 seconds 👁 617.8K
Futcrunch
I Used Every World Cup Football (1930 - 2022)
⏲ 10 minutes 50 seconds 👁 7M
A MAN who collects DeLorean cars has transformed the classic Back To The Future vehicles into a monster truck, a limousine, a hovercraft, a convertible and a Time Machine Replica. Rich Weissensel, a software engineer, is fanatic about the two-door sports car and owns five custom creations – including a stretched DeLorean Limousine - and three stock DeLoreans. Rich has re-modeled the stainless-steel shape of the iconic cars into bizarre and brilliant automotive creations in an ongoing, 14-year series of projects. The projects started after Rich met the car's founder John DeLorean at the Cleveland DeLorean Car Show in 2000 and showed him some of his ideas and sketches. Rich from Chicago, Illinois, built a custom hovercraft using the stainless steel panels of the DeLorean and a hovercraft cushion which allows the DeLorean to float over any surface.
Man Transforms Back To The Future Cars Into Bizarre Creations
⏲ 3:6 👁 2.2M
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FIFA Imperialism: Last Player Standing Wins!
⏲ 16 minutes 10 seconds 👁 3.4M
F4CTOS
Factos #47: Invitado especial: Gastón Edul
⏲ 1 hour 6 minutes 35 seconds 👁 1.7K
This Summer, the world's favorite Bad Boys are back with their iconic mix of edge-of-your seat action and outrageous comedy but this time with a twist: Miami's finest are now on the run.
Bad Boys: Ride or Die | Final Trailer - Will Smith, Martin Lawrence
⏲ 2:11 👁 4.5M
The Flip Flop Traveller
ALVEAR ICON Hotel Buenos Aires, Argentina【4K Tour & Review】CLASSY 5-Star Hotel
⏲ 15 minutes 15 seconds 👁 3.2K
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1 Impossible Goal With Every Icon
⏲ 15 minutes 18 seconds 👁 5.8M
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