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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 👁 6.2M
Myfamilyteam
Pioneer VSX-524-K Receiver & Sony CDP-CE375
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Âm Thanh Japan
Amply pioneer VSX-524 test DTS
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The Queen guitarist and the French electronic music pioneer headlined the Starmus festival in the Slovak capital.
Brian May and Jean-Michel Jarre in concert in Bratislava
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Audio Electronics
How to Factory Reset Pioneer VSX-524 5.1 HDMI Home Theater Surround Receiver
⏲ 53 seconds 👁 10.9K
Bradley luck
Pioneer VSX-524-K Audio and Video Component Receivers
⏲ 39 seconds 👁 1.7K
Aired (May 15, 2024): Zoey (Kazel Kinouchi) learns of her mother's untimely death. How will she cope with this devastating news? #GMANetwork #GMADrama #Kapuso<br/><br/><br/>Highlights from Episode 522 - 524
Abot Kamay Na Pangarap: Ang pamamaalam ni Moira Tanyag! (Weekly Recap HD)
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Pioneer VSX-524-K Audio and Video Component Receiver Review
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Armen Juned Channel
@pioneer vsx 524
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Pioneering South Downs archaeologist John Henry Pull honoured with blue plaque at Worthing Museum
Pioneering South Downs archaeologist John Henry Pull honoured with blue plaque at Worthing Museum
⏲ 8:29 👁 450K
The technoboy
Pioneer AV Receiver RepairNo Power But HDMI Red Light Blinking FixReceiver Not Turning On
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Valid Consumer
Best AV Receivers 2024: My dream AV Receiver is Finally HERE!
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