Stavros Niarchos
Photo: Associated Press, Public domain, via Wikimedia Commons14

Stavros Niarchos

Greek businessman (1909–1996)

Stavros Spyros Niarchos (Greek: Σταύρος Σπύρος Νιάρχος, pronounced [ˈstavros ˈspiros ˈɲarxos]; 3 July 1909 – 15 April 1996) was a Greek billionaire shipping tycoon. Starting in 1952, he had the world's biggest supertankers built for his fleet.2

From Wikipedia’s article on Stavros Niarchos (this version), CC BY-SA 4.0.

Born Jul 3, 1909, died Apr 15, 1996.1

About

Propelled by both the Suez Crisis and increasing demand for oil, he and rival Aristotle Onassis became giants in global petroleum shipping.

Niarchos was also a thoroughbred horse breeder and racer, several times the leading owner and number one on the French breed list.

From Wikipedia’s article on Stavros Niarchos, shared under CC BY-SA 4.0.2

Companies

Early life and education

  • Date not recordedAthens College3
  • Date not recordedNational and Kapodistrian University of Athens bachelor's degree; jurisprudence3
  • Date not recordedNardin Academy3

Niarchos was born in Athens to a wealthy family, the son of Spyros Niarchos and his wife, Eugenie Koumantaros, a rich heiress, both born in the village of Vamvakou in the Peloponnese.

His parents were naturalized United States Citizens who had owned a department store in Buffalo, New York, before returning to Greece, three months prior to his birth. They returned to Buffalo for a brief time, and the young Stavros attended the Nardin Academy grammar school. They returned, permanently, to Greece, and Stavros studied in the city's best private school, before starting university. He studied law at the University of Athens, after which he went to work for his maternal uncles in the Koumantaros family's grain business. During this period, he became involved in shipping, by convincing his uncles their firm would be more profitable, if it owned its own ships.

From Wikipedia’s article on Stavros Niarchos (this version), CC BY-SA 4.0.

Career

Occupation: ship-owner, entrepreneur, art collector.5

Known for: Collection Stavros Niarchos.6

Niarchos was a naval officer in World War II, during which time part of the trade fleet he had developed with his uncle was destroyed. He used about two million dollars in insurance settlement to build a new fleet. His most famous asset was the yacht Atlantis, currently known as Issham al Baher, after having been gifted to King Fahd of Saudi Arabia.

He then founded Niarchos Ltd., an international shipping company that, at one time, operated more than 80 tankers worldwide. He and Aristotle Onassis were great shipping rivals. In 1952, high-capacity oil supertankers were built for the competing Niarchos and Onassis fleets, who both claimed to own the largest tanker in the world. In 1955, Vickers Armstrongs Shipbuilders Ltd launched the 30,708 GRT SS Spyros Niarchos. Then the world's largest supertanker, it was named after Niarchos' second son, Spyros, born earlier that year.

In 1956, the Suez Canal Crisis considerably increased the demand for the type of large-tonnage ships that Niarchos owned. Business flourished, and he became a billionaire.

From Wikipedia’s article on Stavros Niarchos (this version), CC BY-SA 4.0.

Personal life

  • BornJul 3, 1909, Athens7
  • DiedApr 15, 1996, Zurich8
  • CitizenshipGreece9
  • SpousesHelen Sporides 1930 to 193110; Melpomene Capparis 1939 to 194710; Eugenia Livanos 1947 to 196510; Charlotte M. Ford 1965 to 196710; Tina Onassis Niarchos 1971 to 197410

Marriages

Niarchos was married five times:

To Helen Sporides in 1930, a daughter of Admiral Constantine Sporides, lasted one year.

To Melpomene Capparis in 1939, a widow of a Greek diplomat, whom he divorced in 1947.

To Eugenia Livanos in 1947, a daughter of shipping magnate Stavros G. Livanos. They divorced in 1965; she died in 1970 at the age of 44, after an overdose of barbiturates. During this marriage he had an affair with Pamela Churchill (later Pamela Harriman).

To Charlotte Ford in 1965, daughter of tycoon automaker Henry Ford II, in Mexico. Their daughter Elena Anne Ford was born six months later. When the marriage ended in divorce the following year Niarchos returned to his former wife, Eugenia. No remarriage was necessary, since the couple's 1965 Mexican divorce had not been recognised by Greek law.

To Athina Mary Livanos, his third wife Eugenia's sister, in 1971. Then the Marchioness of Blandford, Athina had been the first wife of Aristotle Onassis. Her death in 1974 was either caused by an acute edema of the lung or a drug overdose.

From the late 1970s until his death, he was linked to Princess Firyal of Jordan. He was also said to be linked to Princess Maria Gabriella of Savoy.

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Children

Niarchos had two daughters and three sons:

By his third wife, Eugenia Livanos, whom he never divorced under Greek law:

Maria Isabella Niarchos, a breeder of thoroughbreds. Married to Stephane Gouazé. Mother of two children: Artur Gouazé and Maia Gouazé

Philip, art collector. Married in 1984 to his third wife Victoria Guinness (b. 1960), who is the younger daughter of Patrick Benjamin Guinness and Baroness Dolores von Fürstenberg-Herdringen. They had four children together: Stavros Niarchos (b. 1985, husband of Dasha Zhukova), Eugenie Niarchos (b. 1986), Theodorakis "Theo" Niarchos (b. 1991), Electra Niarchos (b. 1995).

Spyros (b. 1955) married 1987 (divorced 1999) the Hon. Daphne Guinness (b. 1967), daughter of Jonathan Guinness, 3rd Baron Moyne by his second wife Suzanne Lisney, and had three children: Nicolas Stavros Niarchos (b. 1989, husband of Malù dalla Piccola), Alexis Spyros Niarchos (b. 1991) and Ines Niarchos (b. 1995). Spyros is a good friend of Prince Ernst August of Hanover, and was best man at his wedding to Princess Caroline of Monaco.

Konstantin, or Constantine Niarchos (1962–1999); married firstly 1987 (divorced) Princess Alessandra Borghese, no issue; married secondly the Brazilian artist Sylvia Martins, no issue. He was the first Greek to scale Mount Everest. At his death of a massive cocaine overdose in 1999, The Independent (UK) reported he had been left one billion dollars as his share of his late father's estate.

By his fourth wife; Charlotte Ford:

Elena Ford (b. 1966) married firstly 1991 (divorced) to Stanley Jozef Olender, married secondly 1996 (divorced) to Joseph Daniel Rippolone, married thirdly 2022 to Mitchell Seldin. With issue.

From Wikipedia’s article on Stavros Niarchos (this version), CC BY-SA 4.0.

Awards

  • Date not recordedGrand Cross of the Order of the Phoenix11 12