Yacht Name: Atlantis II -
Owners Name: Niarchos family -
The yacht Atlantis II was built for Stavros Niarchos, a Greek shipping tycoon. Stavros died in 2006, the yacht is now owned by his son Philip Niarchos
The yacht Atlantis II was built for the late Greek shipping magnate Stavros Niarchos.
Atlantis II was part of 3 identical sister ships, which Stavros Niarchos built to outclass his rival shipping magnate Aristotle Onassis, owner of the super yacht Christina O.
The first yacht was Atlantis I, now called Issham Al Baher, the second is Atlantis II and the third is never finished hull.
Luxury yacht Atlantis II was built in 1981 at Niarchos’ own yard Hellenic Shipyard, her exterior design is done by Caesar Pinnau.
She can accommodate 26 guests and has a crew of 17. Which is a low crew / guest ratio, compared to modern yachts. Her overall length is 115 meter or 380 ft.
The yacht Atlantis II rarely leaves her berth in Monaco, but in the summer of 2016 she was frequently in the Bay of St. Tropez
Who was Stavros Niarchos? Niarchos (1909-
Niarchos was born in Athens. He studied law at the University of Athens and began working in 1929 in his family’s grain business.
Recognizing the substantial transportation expense in importing wheat, Niarchos believed that he would save money by owning the ships that provided the transportation.
Consequently, he bought his first six freighters during the Great Depression. Niarchos served in the Greek Navy during World War II.
While Niarchos was serving in the Greek Navy, the Allied Forces leased his first vessel. The ship was destroyed in battle, and Niarchos used the insurance funds as capital to expand his fleet after the War.
This was the start of Stavros Niarchos as a significant participant in the world of international commerce.
For many years, he owned the largest private fleet in the world, with his company operating more than 80 tankers and other vessels.
In 1952, he built the first supertankers capable of transporting large quantities of oil. In 1956 the Suez Canal Crisis considerably increased the demand for the type of large tonnage ships that Niarchos owned.
Also in 1956, Niarchos agreed to build and operate the Hellenic Shipyards, the first such private investment in Greece, which became the largest Mediterranean shipyard.
Although he was known predominantly for his shipping business, Niarchos’ diversified financial activities were at the core of global industry from the time he formed the Niarchos Group in 1939 until his death in 1996.
Stavros Niarchos amassed one of the "most important collections of Impressionist and modern art in private hands." Among the collection's trophies are Pablo Picasso's self-
Niarchos’ legacy continues into the twenty-
By designating a significant part of his estate to establish the Stavros Niarchos Foundation, Stavros Niarchos created an enduring vehicle to enriching the lives of others worldwide. (Source: www.snf.org)
At his death his net worth was estimated at U$22 billion. Niarchos left half his fortune to Stavros Niarchos Foundation the other half to his three sons and daughter Maria
Philip Niarchos is the oldest son of Stavros Niarchos. He inherited a large amount from his father, and continued to increase the art collection.
In recent years Philip Niarchos purchased work of Vincent van Gogh and Andy Warhol. Philip Niarchos net worth is estimated at US$ 2.5 billion.