Australia’s richest 250 people of 2025 have been revealed as compiled by The Australian (The List: Australia’s Richest 250), and as always, there are plenty of wealthy Greek Australians featured.
The list now includes 30 people aged 45 or younger and the number of billionaires has climbed to 20.
There is also 20 people making their debut this year, with the oldest being a noted philanthropist in the Greek community.
More of the 250 still make their fortunes in property, despite the rise of younger tech titans.
This year’s group is worth a collective $689.52billion.
Greeks featured in The List: Australia’s Richest 250 of 2025
Dennis Bastas (Rank 55) with $3bn. He is the Executive Chairman of DGB Health, which he has brought together over the past decade with mergers and acquisitions. The company owns Arrotex, Australia’s largest generic drug manufacturer, plus a portfolio of wellness and beauty brands such as MCo Beauty and Nude by Nature, health services arm Axe, and a pharmacy support business. Bastas is also the founder and executive chairman of genomic firm myDNA.
Nick Politis (Rank 66) with $2.50bn. The owner of WFM Motors and director of Eagers Automotive will next year likely celebrate half a century connected to his beloved Sydney Roosters NRL club. Chairman since 1993 and sponsoring the club since 1976, it was Sydney’s City Ford who were the original Roosters sponsorship, the foundation of Politis’ wealth.
Nick Andrianakos & Family (Rank 88) with $1.85bn. Andrianakos, founder of Milemaker Petroleum and Andrianakos Property Group, passed away last Sunday aged 81 while on a visit to Greece.
His family have been doing property deals in Australia, moving from petrol into real estate. The family business, now led by son Theo Andrianakos, bought half of Melbourne’s Northland Shopping Centre in February, its fourth such deal in four years.
Arthur Tzaneros (Rank 107) and Terry Tzaneros (Rank 108) with $1.62bn. The father and son duo oversee ACFS Logistics, the country’s largest privately-owned container logistics business. It celebrates its 20th anniversary this year and employees more than 1500 people across Australia and NZ. The family also own freight forwarding business AGS World Transport.
Nicholas Paspaley & Family (Rank 127) with $1.32bn. The family known for its pearls, which began with Nick’s father, Nicholas Paspalis (later Paspaley), moving to Australia from Kastellorizo and dedicating his life to the business that was officially established in 1935. The company also has farming and property assets, including the Wall Street Hotel in New York, and a pearl meat division, aviation holdings, a ship repair and engineering, and two vineyards.
Theo Karedis & Family (Rank 133) with $1.28bn. Seventy years ago Karedis moved to Australia from Kythera and opened a milk bar in Neutral Bay, NSW. He went on to found the Theo’s chain of bottle shops that, at its peak, was the fourth-largest liquor retailer in Australia before being sold to Coles in 2002. Karedis and son Greg now control the family Arkadia Group, owning 11 shopping centres and retail homemaker centre assets and hotels.
Harry Stamoulis & Family (Rank 206) with $797m. Harry Stamoulis’s late father, Spiros Stamoulis, started Gold Medal soft drinks in the late 1960s and sold out to Cadbury-Schweppes in 2004. Spiros also invested in Melbourne property, a strategy carried on by his son. The family also own 3XY Radio Hellas and Ta Nea newspaper in Melbourne.
Spiros Alysandratos (Rank 213) with $776m. The founder of Consolidated Travel, which he started in 1967. The company is the largest private airline wholesaler in Australia and provides ticketing services to more than 250 airlines around the world. Alysandratos also owns several buildings in Melbourne’s CBD. His son Dennis is Managing Director and daughter Olivia also works in the business.
Ilias Pavlopoulos (Rank 224) with $754m (Wealth shared with Andrew Chepul). Pavlopoulos with his brother in-law Chepul, helm one of the country’s largest non-bank lenders, ColCap. Founded in 2006, the company has a loan book of more than $15bn. The group includes Origin Mortgage Management Services, Homestar Finance and Granite Home Loans, and last year, they took full control of UK digital lending group Molo.
Con Makris & Family (Rank 229) with $739m. The Makris family started with properties in South Australia, where Con emigrated from Greece at 16. This started with a charcoal chicken shop. Makris Group also owns property across Australia, notably the Endeavour Hills Shopping Centre in Melbourne. He is mostly focused on trying to develop the $500m Marina Mirage Gold Coast resort that is slated to open in 2027.
Kerry Harmanis (Rank 232) with $712m. After a brief stint in law, Harmanis founded nickel business Jubilee Mines in 1987. He sold the business in 2007, and in timely fashion, because within 18 months of the sale, nickel prices had collapsed by 90 per cent. Harmanis remains involved with several mining exploration companies while having also established Mindful Meditation Australia, which offers meditation and mindfulness education services to schools and young people.
Andreas Andrianopoulos (Rank 244) with $663m. Andrianopoulos is the oldest debutant on the Richest 250, and owns one of the largest petrol station networks in the country, AA Holdings. He bought his first service station bearing the BP logo in 1970, and along with his four sons, is still involved in running his 55 petrol stations. A noted philanthropist in the Greek community, Andrianopoulos last year was awarded the Order of the Philochrists, the highest honorary distinction of the Greek Orthodox Archdiocese of Australia.
