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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
HamiStudio
Houssa 46 avec hassania awa ghrass
⏲ 11 minutes 12 seconds 👁 10.3M
HamiStudio
Houssa 46 كلمات والحان رويشة عين اللوح حوسى 46اقشمير
⏲ 10 minutes 48 seconds 👁 4.3M
46 from houssa 46
46
⏲ 8:59 👁 27.7M
OUCHEN
houssa 46 _ makh atwalft ayolino bnadm abrani | حوسى46
⏲ 9 minutes 43 seconds 👁 104.1K
tamazightino
اغاني امازيغية تزعزع المشاعرحوسى 46 ونزهة اطلس عبرالاطلس الفريد houssa 46 et nezha atlas #اغاني
⏲ 19 minutes 21 seconds 👁 441.8K
Alchemy SupremeEpisode 46 Subtitle
Alchemy SupremeEpisode 46 Subtitle
⏲ 8:10 👁 8.6M
HamiStudio
sultan houssa 46 avec mustapha haddioui Aya talab السلطان حوسى 46 مع مصطفى الحديويايا الطالب
⏲ 10 minutes 30 seconds 👁 1.5M
rari030
HOUSSA 46 TWAHACHTEK EL WALIDA
⏲ 11 minutes 3 seconds 👁 2.4M
Soul Land 2-The Peerless Tang Sect 50 ,Soul Land 2,The Peerless Tang Sect Duolo dalu 2,The unrivaled Tang Sect <br/>
[Ep50PV] 斗罗大陆Ⅱ绝世唐门 Ep 50(Soul Land 2 Juensi Tangmen) (Soul Land 2 - The Peerless Tang Sect)PREVIEW
⏲ 0:39 👁 1.7M
أستوديو غازي studio ghazi
Houssa 46 sal sal zin maytyaghen جديد سلطان حوسى 46
⏲ 7 minutes 20 seconds 👁 183.4K
حوسى 46 Official
جديد حوسى 46
⏲ 1 minute 👁 2.7K
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