Friday, October 22, 2010

BIOGRAPHY OF A SHIPPING TYCOON 2


Stavros Niarchos (1909-1996)
-Born 3 July 1909 – 16 April 1996) ,studied law at the University of Athens, after which he went to work in the Coumandaros family's grain business
-founded Niarchos Ltd. In 1952, an international shipping company that at one time operated more than 80 tankers worldwide and built the first supertankers capable of transporting large quantities of oil
-rivals with another Greek shipping magnate, Aristotle Onassis
-a naval officer in World War II, during which time part of the trade fleet he had built with his uncle was destroyed. He used about two million dollars in insurance money to build a new fleet.
-Had 5 marriages whom his third wife, Eugenia Livanos, a daughter of shipping magnate Stavros G. Livanos he married in 1947 and divorced in 1965, fourth wife is an American automotive heiress and socialite Charlotte Ford (a daughter of Henry Ford II), in Mexico
-After the oil crisis of 1973, he sold off some of his companies and launched into finances and the diamond trade. thoroughbred horse racing in the early 1970s - died in 1996, in Zurich.He is buried in the family tomb in Lausanne.

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