Angelo tsakopoulos net worth

The newspaper The National Herald issued the annual list of 50 Wealthiest Greek- Americans. Skill, knowledge, persistence, and timing. The people featured in the list enjoy all of these gifts, in greater or fewer amounts. and have reached the pinnacle in their fields and profited immensely, often bringing profit to those around them as well.

See the 50 wealthiest Greek Americans:

1.Jim Davis – $5.2 BILLION 

James S. “Jim” Davis, the Chairman of New Balance (NB), tops the list again this year. Davis, son of Greek immigrants bought the retail sports footwear company in 1972 and took the company to new heights four years later with the development of the New Balance 320 running shoe. The company has since grown, now featuring clothing and equipment for lacrosse and soccer.

2.Haseotes Family – $4.17 BILLION 

The Haseotes Family tops the list of the wealthiest Greek-American family and in 2016 they made a major company change, selling off its subsidiary Gulf Oil. The company was founded by current CEO Ari Haseotes’ grandparents, Vasilios and Aphrodite, in 1938. That year, the Haseoteses emigrated from Greece’s Macedonia and Epirus regions to the United States, purchasing a one-cow dairy farm in Cumberland, RI for $84. Cumberland Farms expanded across state lines and eventually grew to become the largest dairy farm operation in Massachusetts. In 1956, the company opened a jug-milk store in Bellingham, MA. Few convenience food stores with dawn-to-midnight service every day of the week existed in the northern part of the country in the 1950s.

3.John Catsimatidis – $3.4 BILLION 

At a personal fortune estimated at $3.4 billion, John Catsimatidis remains very close to the top this year, and continues to be in the public eye, particularly as he considers another possible campaign for public office. Settling into a humble Harlem tenement as an infant with his parents from the tiny Greek island of Nisyros, Catsimatidis, 67, through decades

American businessman

Angelo Tsakopoulos (born August 4, 1936) is a Greek-American businessman and real estate developer in Sacramento, California and the founder and owner of AKT Development. Tsakopoulos attended California State University, Sacramento.

Tsakopoulos was a minority owner of the Sacramento Mountain Lions franchise of the short lived United Football League along his son, Angelo Tsakopoulos, Jr., who presently serves as president of AKT Development. In 2002, Tsakopoulos purchased a 70,000 volume collection on Hellenistic civilization and donated it to the library of California State University, Sacramento where it is available for use by the community.

Early life and career

Tsakopoulos was born in Rizes, a small village in Arcadia, Greece. He arrived in United States with his family in 1951, eventually settling in Sacramento, California after having lived in New York City and the Chicago, Illinois area. His older brother, George, who would arrive in the U.S. in 1955 after having been wounded in the Greek Civil War, would later also become a major investor with his brother in Sacramento real estate. Tsakopoulos founded Sacramento's AKT Development Inc. in 1964, which was when the company made its first real estate sale, the business controls 47,000 acres around Sacramento. George Tsakopoulos, his brother, died at the age of 81 in Sacramento, California,

Tsakopoulos' daughter, Eleni Kounalakis, served as president of AKT Development. She served as United States Ambassador to Hungary from 2010 to 2013 and is the Lieutena