GIANNIS (JOHN) COUSTAS • Net Worth $1.5 Billion • House • Yacht • Private Jet • Danao Shipping

Name:Giannis (John) Coustas
Net Worth:$1.5 billion
Source of Wealth:Danao Shipping
Wife:Sofia (ex wife)
Residence:Athens, Greece
Private Jet:Unknown
Yacht:Drad (Belita)

John Coustas: A Maritime Pioneer and the Driving Force Behind Danaos Corporation

John Coustas, born in 1957, has etched his name as a formidable figure in the global shipping industry. As the President and CEO of Danaos Corporation, Coustas carries the mantle of a lineage of maritime prowess. He brings to the table a unique blend of business acumen, leadership, and an in-depth understanding of the maritime sector.

Key Takeaways

  • John Coustas is a prominent figure in the global shipping industry, leading the Danaos Corporation as its President and CEO.
  • Under Coustas’s guidance, Danaos Corporation has become a leading international owner of containerships, chartering 61 vessels to prominent liner companies.
  • Danaos Corporation, founded by Coustas’s father Dimitris in 1972, enjoys an impressive annual revenue exceeding USD 500 million.
  • John Coustas, together with his family, owns approximately 62% of Danaos Corporation’s stock, which contributes significantly to his net worth of over $1.5 billion.

The Global Influence of Danaos Corporation

Danaos Corporation, under the insightful stewardship of Coustas, has emerged as a leading international owner of containerships. This dynamic company currently charters as many as 61 vessels to some of the largest liner companies worldwide, earning its reputation among the top-tier containership charter owners globally.

The journey of Danaos Corporation began in 1972, founded by Dimitris Coustas, John’s father. Over the years, the company has demonstrated impressive growth and resilience, clocking in an impressive annual revenue exceeding USD 500 million. John Coustas has been instrumental in navigating this robust company through the high tides and low ebbs of the maritime industry.

Examining John Coustas’s Astounding Net Worth

John Coustas, together with his family, controls approximately 62% of Danaos Corporation’s stock through the Coustas Family Trust. This sizable control over the company’s equity has significantly contributed to Coustas’s net worth. With 67 million stocks valued at USD 28 per stock, his current net worth stands impressively at over $1.5 billion, placing him among the maritime industry’s elite.

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Yacht Drad Owner

John Coustas

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Giannis Coustas House

Coustas Yacht

He was the owner of the yacht Drad. Coustas’ yacht was named after his wife Sofia (spelled backward: Aifos). But after a non-amicable divorce, sat which she claimed US$ 180 million Coustas renamed his yacht Drad in 2014. We believe the yacht was sold and she is now named Belita.

The BELITA Yacht boasts an impressive top speed of 24 knots, powered by two robust MTU engines.

With luxurious interiors, the yacht comfortably accommodates up to 12 guests and a dedicated crew of 11.

The estimated value of the BELITA Yacht is $25 million, with annual running costs around $3 million.