George Economou

$5.33B
as of 07/12/26

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 several 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

Greece

Source of wealth

Shipping

Residence

Monaco, Monaco

Marital status

Divorced

Birth date

03/10/53 (age 73)

Number of children

5

Education

Bachelor of Arts/Science, Massachusetts Institute of Technology; Master of Science, Massachusetts Institute of Technology

Self-made

self-made

George Economou’s fortune is worth

89K

troy ounces of gold

82K

median U.S. household

53K

median U.S. income

0.107%

U.S. credit card volume

0.021%

GDP of the United States

0.016%

United States debt

Net worth history

Annual ranking

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 Limited

NASDAQ | SVRN-US

OceanPal Inc.

NASDAQ | PSHG-US

Performance Shipping Inc.

NASDAQ | SHIP-US

Seanergy Maritime Holdings Corp.

NYSE | RIG-US

Transocean

Images © Forbes.com. All rights reserved.