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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 👁 6.6M
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Funny Cartoon Compilation | the BEST of Cartoon Box | by Frame Order
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Cnext
Top 10 Best Animated Movies of 2022
⏲ 8 minutes 28 seconds 👁 347.8K
Latest Punjabi Movie Part 1-2 from latest none cartoon download
Latest Punjabi Movie Part 1-2
⏲ 1:30:21 👁 2.7M
Peter Rabbit
Peter Rabbit - Saving Cottontail | Cartoons for Kids
⏲ 42 minutes 2 seconds 👁 3.3M
GH'S
IT'S FAKE- POPPY PLAYTIME CHAPTER 3 | GH'S ANIMATION
⏲ 10 seconds 👁 1.9M
Catch up with the most important stories from around Europe and beyond - latest news, breaking news, World, Business, Entertainment, Politics, Culture, Travel.
Latest news bulletin | May 17th – Evening
⏲ 11:47 👁 1.7M
Jk D Animator
Kendrick Lamar - Not like us (Drake Diss)
⏲ 2 minutes 26 seconds 👁 436.8K
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The Fertility Clinic | Cartoon Box 256 | by FRAME ORDER | Pregnant Cartoons
⏲ 8 minutes 29 seconds 👁 4.6M
Celebrity real estate agent Ryan Serhant joins TheStreet to discuss the latest housing market trends.
The latest housing market trends, according to Ryan Serhant
⏲ 2:27 👁 1.6M
utkal cartoonworld
Parallel Universe -2Teaser || Natia Comedy
⏲ 48 seconds 👁 659.1K
Danno Cal Drawings
THE MINECRAFT MOVIE WAS LEAKED?
⏲ 42 seconds 👁 1.5M
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