GEORGE ECONOMOU • Net Worth $1.5 Billion • Yacht • House • Private Jet • Dry Ships

Name:George Economou
Net Worth:US$ 1,5 billion
Source of Wealth:Dryships
Born:August 4, 1953
Children:Filippos Economou, Stefanos Economou, Christos Economou, Alexandra Economou, Lydia Economou
Private Jet:Pls send a message if you have info

Introduction to George Economou

Born in Greece on August 4, 1953, George Economou has emerged as a leading figure in the global shipping industry. Currently serving as the CEO of Dry Ships Inc., a company known for operating a diverse fleet of deepwater drilling units, dry bulk carriers, and tankers, Economou is a significant figure in the maritime industry. He has reached the pinnacle of success in his professional life while maintaining a private personal life as a father of five children.

Key Takeaways:

  • George Economou is a Greek billionaire and a well-known figure in the maritime industry, currently serving as the CEO of Dry Ships Inc.
  • Dry Ships Inc, founded in 2004, has grown into one of the largest US-listed dry bulk companies, owning a significant fleet of offshore ultra-deepwater drilling units, dry bulk carriers, and tankers.
  • Economou holds substantial stakes in other companies, including Ocean Rig UDW, and operates several businesses that provide essential services to Dry Ships.
  • Economou’s net worth is estimated at $1.5 billion, and he is known for his vast art collection.

George Economou and Dry Ships Inc.

George Economou’s major accomplishment in the maritime industry comes in the form of Dry Ships Inc., a company that he founded in 2004. With 11 offshore ultra-deepwater drilling units, 42 dry bulk carriers, and 10 tankers under its operation, Dry Ships is a force to be reckoned with in the maritime industry.

Dry Ships has grown to become one of the largest US-listed dry bulk companies in fleet size and revenue, making Economou the third-largest Panamax owner in the world. In 2013, Dry Ships realized impressive revenue of US$1.492 billion, supported by approximately 2,000 dedicated employees. With a client roster including industry giants like Lukoil, Petrobras, Total, Repsol, and ConocoPhillips, Dry Ships has undoubtedly made its mark in the industry.

Ocean Rig UDW and Other Ventures

Beyond Dry Ships, George Economou also holds a substantial 22% stake in Ocean Rig UDW, with the remaining shares held by Dry Ships. Furthermore, Economou owns several other companies that provide essential services to Dry Ships. These include Cardiff Marine Inc, which offers technical and commercial management, TMS builders, which provides management services, and Vivid Finance, which offers financial advice.

The Wealth of George Economou

The vast successes of George Economou in the maritime industry have led to a considerable personal net worth. As of now, Economou’s net worth is estimated to be around $1.5 billion. In addition to his business ventures, Economou is also a notable art enthusiast, boasting a large and impressive art collection.


George Economou (shipbuilder) – Wikipedia

The George Economou Collection • Home

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George Economou

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George Economou Yacht

He is the owner of the Perini Navi sailing yacht BARACUDA VALLETTA.

The BARACUDA VALETTA is a luxury sailing yacht constructed by world-renowned Italian shipyard Perini Navi.

Equipped with powerful Caterpillar engines, the yacht can achieve a maximum speed of 15 knots and a comfortable cruising speed of 12 knots.

The BARACUDA VALETTA has a generous capacity, accommodating up to 10 guests and a crew of 8 for unparalleled luxury sailing experiences.