As of December 2014, Navios Group controls 149 dry bulk carriers, 50 tankers and 12 container vessels. Her net worth has been growing significantly in 2021-2022. Last updated: 1 July 2022 at 11:00am EST. I have never asked anyone to do something I am unwilling to do, nor have I asked them to work longer or harder than me, Frangou said. Last updated: 1 August 2022 at 11:00am EST. In such cases, its rarely just a passion. Angeliki Frangou Net Worth Last updated: 1 March 2023 at 11:00am EST. According to a filing with the US. The oldest executive at Navios Maritime Holdings, Inc. is Ted C. Petrone, 66, who is the Vice Chairman of Navios Corp.. Navios Maritime Acquisition soon followed in 2008. Frangou renamed the merged entity Navios, which went on to make history as the first dry-bulk shipping company listed on a stock exchange. Angeliki N. Frangou Net Worth There are no executives at Navios Maritime Partners L.P getting paid more. Previously, Ms. Frangou was Chairman, Chief Executive Officer and President of International Shipping Enterprises Inc., which acquired Navios Holdings. Ms. Frangou received a bachelors degree in mechanical engineering from Fairleigh Dickinson University (summa cum laude) and a masters degree in mechanical engineering from Columbia University. So, how much is Angeliki Frangou worth at the age of 56 years old? Last updated: 1 March 2023 at 11:00am EST. The Navios Group controls ships in three main sectors: dry bulk, tankers and containers. Navios Maritime Partners L.P executives and other stock owners filed with the SEC include: Track performance, allocation, dividends, and risks, Annotate, download XLSX & look up similar tables, Filter, compare, and track coins & tokens, Stocks and cryptocurrency portfolio tracker. In terms of current shipping operations, this entails taking into account weather conditions, technical issues and ongoing political movements, to name but a few. But Frangou didnt want to just join the family business, or even work for another shipper. Angeliki Frangou Net Worth The commercial success of the vessels first voyage to the US spurred Frangou to buy and restore more disused vessels from Brazil, and establish her own bulk shipping company, Franser. Being Greek was arguably the very first foundation layer in the construction of Frangous extraordinary career; Greeks often talk about the sea as though it is a part of their soul. In 2011, she was named the 50th most powerful businesswoman in Fortune Magazine. If you would have told me back in 2005, when we acquired Navios, that we would grow to control a diversified fleet of over 170 vessels, plus a majority stake in Navios South American Logistics, I would have thought you were joking.. Ms. Frangou has been the Chairman of the Board of Directors of Navios South American Logistics Inc. since its inception in December 2007. Angeliki Frangous income source is mostly from being a successful . At the end of May, between them the 73 ownerships were trading 3,216 ocean going ships, some 35. [5], In 2004, Frangou raised $200 million to buy Navios. Angeliki Frangou has $30M+ reasons to avoid a NM bankruptcy President and CEO of NM Angeliki Frangou ( AF) owns 25.4% of NM according to the latest filing. Since 2013, Ms. Frangou has been a Member of the Board of Visitors of the Columbia University School of Engineering and Applied Science. Last updated: 1 July 2022 at 11:00am EST. Ms. Frangou is also Chairman and CEO of Navios Maritime Holdings Inc. - Navios Acquisition's sponsor - since August 2005. Discover Angeliki Frangous Biography, Age, Height, Physical Stats, Dating/Affairs, Family and career updates. Ambition and an incredible sense of foresight were evident even at this stage in Frangous life. It can be painful for companies that have not adequately maintained operating or financial discipline. Previously, Ms. Frangou was Chairman, Chief Executive Officer and President of International Shipping Enterprises Inc., which acquired Navios Holdings. And more importantly, they are all fundamentally good and trustworthy people, whose judgements I could count on in difficult moments. Angeliki N. Frangou Net Worth Angeliki Frangou (born 1965) (Greek: ) is a Greek shipowner. In terms of expansion, this involves a deep understanding of the global economy, as well as the intricacies of the stock market and ever-changing investment sentiment. We have estimated Angeliki Frangou's net worth , money, salary, income, and assets. A combination of all of the above can explain the success of Angeliki Frangou a force to be reckoned with in the highly competitive world of international shipping. Track performance, allocation, dividends, and risks, Annotate, download XLSX & look up similar tables, Filter, compare, and track coins & tokens. The BRIC economies and other emerging market nations account for about 50 percent of all container exports by volume. Last updated: 1 June 2022 at 11:00am EST. Since 2015, she has also been a Board Member of the Union of Greek Shipowners, as well as on the Board of Trustees of Fairleigh Dickinson University. Angeliki Frangou Net Worth There are 6 older and 13 younger executives at Navios Maritime. Angeliki Frangou has positioned Navios perfectly to capture the ongoing growth of emerging economies for years to come Evidently, going from a defunct Brazilian tanker to running a group worth in excess of $4bn (3.4bn) took more than luck. Angeliki Frangou is 55, she's been the Chairman of the Board und Chief Executive Officer of Navios Maritime since 2005. His daughter Angeliki Frangou has become one of the most powerful women in the shipping. In addition, Ms. Frangou serves as the Chairman and Chief Executive Officer of Navios Partners, an affiliated limited partnership trading on the New York Stock Exchange, since August 2007, and as the Chairman and Chief Executive Officer of Navios Maritime Acquisition Corporation, an affiliated corporation also trading on the New York Stock Exchange. Chief executive Angeliki Frangou has increased her ownership of Navios Maritime Holdings following a huge refinancing that closed earlier this month. She is from Greek. Also, she was named as Connecticut Maritime Association's Commodore for the year 2011. Today's pre-eminent woman shipowner Angeliki Frangou continues to hold the reins of four publicly listed companies, spanning dry bulk, tankers, containers, terminals and logistics 13 Dec 2019 Lloyd's List The chairman and chief executive is showing no signs of slowing down Frangou: hands-on at every level of the business. The nature of commodities is that things can change quickly. In addition, Ms. Frangou serves as the Chairman and Chief Executive Officer of Navios Partners, an affiliated limited partnership trading on the New York Stock Exchange, since August 2007, and as the Chairman and Chief Executive Officer of Navios Maritime Acquisition Corporation, an affiliated corporation also trading on the New York Stock Exchange. First port of call: Wall Street From June 2006 until September 2008, Ms. Frangou also served as Chairman of Proton Bank, based in Athens, Greece. She is from Greek. There are 6 older and 13 younger executives at Navios Maritime. We understood that with over 4,000 sailors at sea, when the phone rang, we had to answer it. As of September 2012, Ms. Frangou is also serving as a Board member of Eurobank Ergasias S.A. (one of the largest commercial banks in Greece). The fact Frangou is from Chios an island where shipping is so deeply ingrained in the community that its the birthplace of numerous historical shipping families and a part of life for almost every inhabitant builds upon this foundation further. After all, it is the judgement of people, whether to buy or sell or repair or scrap, that had the most fundamental impact on the company. As of September 2012, Ms. Frangou is also serving as a Board member of Eurobank Ergasias S.A. (one of the largest commercial banks in Greece). Angeliki Frangou is 55, she's been the Chairman of the Board and Chief Executive Officer of Navios Maritime since 2005. Frangou said: We work in a commodity company. Learn How rich is She in this year and how She spends money? According to our Database, She has no children. Angeliki Frangou Net Worth. [11], Frangou has one son named Nikolas, which was christened in Kardamyla and a daughter named Stella who was christened in Kifissia. We recommend you to check the complete list of Famous People born on . [10] Also, she was named as Connecticut Maritime Association's Commodore for the year 2011. She is not dating anyone. She is a member of famous with the age 57 years old group. "She is just as happy to mull over the fuel economies that can be achieved by proper sandblasting as she is to discuss the intricacies of financial tools". I think it's what you want to make it. This curiosity would soon steer her to the US, where she studied Mechanical Engineering at Fairleigh Dickinson University in New Jersey. Angeliki Frangou demonstrates an acute ability to grasp both the financial and shipping markets. Ms. Frangou is the Chairman of IRF European Finance Investments Ltd., listed on the SFM of the London Stock Exchange. Also learn how She earned most of networth at the age of 55 years old? Ms. Frangou is also the Chairman of the board of directors of Navios Logistics since inception in December 2007. We dont have much information about Shes past relationship and any previous engaged. Ms. Frangou received a Bachelor's degree in Mechanical Engineering, summa cum laude, from Fairleigh Dickinson University and a Master's degree in Mechanical Engineering from Columbia University. There is no margin of safety because of the ubiquitous nature of the service we provide and the lack of differentiation between the service providers. With this context in mind, it soon becomes clear that Frangou has no intention of slowing down indeed, she has positioned Navios perfectly to capture the ongoing growth of emerging economies for years to come. In addition, Ms. Frangou has been the Chairman and Chief Executive Officer of Navios Acquisition (NYSE: NNA), an affiliated corporation, since March 2008 and Chairman and Chief Executive Officer of Navios Containers (Nasdaq: NMCI), an affiliated limited partnership, since April 2017. "[7], In 2014 Frangou was listed 11th in the Lloyd's List Top 100 Most Influential People in Shipping list. Angeliki Frangou Net Worth According to our Database, She has no children. Smooth sailing During the period April 2004 to July 2005, Ms. Frangou served on the board of directors of Emporiki Bank of Greece (then, the second largest retail bank in Greece). Frangou served as the CEO of Franser until 2001, when she merged it with her newly created company, Maritime Enterprises Management. We have estimated Angeliki Frangou's net worth, money, salary, income, and assets. Last updated: 1 August 2022 at 11:00am EST. At Navios, the pandemic galvanized us. Last updated: 1 December 2022 at 11:00am EST. Ms. Frangou is also the Chairman of the board of directors of Navios South American Logistics since inception in December 2007. There are 6 older and 13 younger executives at Navios Maritime. [1] Between 2004- 2014, "the Navios group has raised a shade under $10bn in financing - $6.3bn from the capital markets and 3.6bn from bank debt". Over the last 13 years, insiders at Navios Maritime Acquisition Corp have traded over $4,895,000 worth of Navios Maritime Acquisition Corp stock. Last updated: 1 March 2023 at 11:00am EST. [3][4] Her brother is also a shipowner with his own company and both them are the fourth generation of shipowners in the family. This sense of duty links to the importance she places on talent and the ingenuity of those around her. As these economies export more, we carry the finished goods they make to the rest of the world, improving conditions in both exporting and importing countries. Her net worth has been growing significantly in 2021-2022. Angeliki Frangou is 55, she's been the Chairman of the Board and Chief Executive Officer of Navios Maritime since 2005. We recommend you to check the complete list of Famous People born on . Angeliki Frangou is 55, she's been the Chairman of the Board and Chief Executive Officer of Navios Maritime since 2005. Each company serves as a specific vehicle for either a vessel type or style of investing. In this episode, we hear how she became a sponge for product design, figured out how to make accessible yet high-end jewelry, and how she even relocated to China for the better part of a year to. Since purchasing a defunct freighter in 1990, Angeliki Frangou has become a force to be reckoned with in the highly competitive world of international shipping, Top 5 ways to manage the board during turbulent times, Top 5 ways to create a family-friendly work culture, Top 5 tips for a successful joint venture, Top 5 ways managers can support ethnic minority workers, Top 5 ways to encourage gender diversity in the workplace, Top 5 ways CEOs can create an ethical company culture, Top 5 tips for going into business with your spouse, Top 5 ways to promote a healthy workforce, Top 5 tips for avoiding the conference vortex, Top 5 ways to maximise new parents work-life balance with technology, Top 5 ways to build psychological safety in the workplace, Top 5 ways to prepare your workforce for the AI revolution, Top 5 ways to tackle innovation stress in the workplace, Keeping watch: Piaget CEO Chabi Nouri eyes e-commerce growth, The Port of Antwerp leads the way in terms of sustainable shipping, The Grimaldi Group is working to make shipping even more sustainable, British Polo Day helps luxury brands connect to emerging markets | Video. Angeliki N. Frangou Net Worth [1] She is the chairman, chief executive officer and Director of Navios Maritime Holdings ., [2] of Navios Maritime Partners L.P., of Navios Tankers Management Inc. and Navios Maritime Acquisition Corporation. There are 6 older and 13 younger executives at Navios Maritime. The parent company, Navios Holdings, is also able to create operating scale and efficiency and share these economies with all of the public subsidiaries.. Last updated: 1 March 2022 at 11:00am EST. During the period 1990 through August 2005, Ms. Frangou was the Chief Executive Officer of Maritime Enterprises Management S.A., and its predecessor company, which specialized in the management of dry cargo vessels. Our office had to remain open. Last updated: 1 March 2023 at 11:00am EST. Last updated: 1 February 2023 at 11:00am EST. Captain of industry [1] She is the chairman, chief executive officer and Director of Navios Maritime Holdings.,[2] of Navios Maritime Partners L.P., of Navios Tankers Management Inc. and Navios Maritime Acquisition Corporation. For the budding entrepreneur, it was very much go big or go home, which explains her next daring move: in 1990, Frangou travelled to Rio de Janeiro with a $1.5m (1.3m) loan from her father and purchased the Fulvia, a defunct 14,000-tonne freighter. Angeliki N. Frangou is the Chairman & CEO at Navios Maritime. Ms. Frangou received a bachelors degree in mechanical engineering from Fairleigh Dickinson University (summa cum laude) and a masters degree in mechanical engineering from Columbia University. Angeliki Frangou's income source is mostly from being a successful . Wealth: $192 million (151 million) Industry: Shipping Nikos started Good Faith Shipping Co in 1966. Ms. Frangou is member of the Board of The United Kingdom Mutual Steam Ship Assurance Association (Bermuda) Limited, Vice Chairman of China Classification Society Mediterranean Committee and a member of the Hellenic and Black Sea Committee of Bureau Veritas as well as a member of Greek Committee of Nippon Kaiji Kyokai. Angeliki Frangou (born 1965) ( Greek: ) is a Greek shipowner.
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