George Economou
$4.82B
$4M (-0.1%)
as of 07/05/24
About George Economou
George Economou is a Greek shipping tycoon who owns several privately-held firms under his TMS Group.
He took one of those firms, Dryships, public on the Nasdaq in 2005 before ultimately taking it private again in 2019 at a $456 million valuation.
In 2018, he sold offshore drilling firm Ocean Rig to publicly traded TransOcean at a $2.7 billion valuation, just 18 months after the firm filed for bankruptcy.
Between August and December 2023, Economou bought large positions in four publicly-traded shipping firms in the U.S.
Outside of shipping, he owns an estimated $250 million art collection including works by Pablo Picasso. Part of it is on display in his private museum in Athens.
Personal stats
Citizenship
GreeceSource of wealth
ShippingResidence
MonacoBirth date
03/10/53 (age 71)George Economou’s fortune is worth
80K
troy ounces of gold
74K
median U.S. household
48K
median U.S. income
0.096%
U.S. credit card volume
0.019%
GDP of the United States
0.014%
United States debt
Did you know?
Economou also owns homes in Connecticut, Greece, London, New York, St. Barts and Saint-Tropez, plus the luxury Armonia Residences south of Athens.
Net worth over time
Real-time ranking
Financial assets
NYSE | GNK-US
Genco Shipping & Trading LimitedNASDAQ | OP-US
OceanPal Inc.NASDAQ | PSHG-US
Performance Shipping Inc.NASDAQ | SHIP-US
Seanergy Maritime Holdings Corp.NYSE | RIG-US
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