| Name: | Giannis (John) Coustas |
| Net Worth: | $1.5 billion |
| Source of Wealth: | Danao Shipping |
| Born: | 1957 |
| Age: | |
| Country: | Greece |
| Wife: | Sofia (ex wife) |
| Children: | Unknown |
| Residence: | Athens, Greece |
| Private Jet: | Unknown |
| Yacht: | Drad (Belita) |
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.
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.
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 $1.5 billion, placing him among the maritime industry’s elite.
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Coustas lives in Athens, Greece. We were not able to identify his residence. But we did find out that the Coustas family owns a waterfront property in Porto Rafti, near Athens. We think it is one of the houses on the photos hereunder. Do you know more about his house? Please do send us a message.
Porto Rafti, located on the eastern coast of Attica, Greece, is a hidden gem that offers a relaxing respite from the bustling city life of Athens. Famed for its idyllic sandy beaches and turquoise waters, Porto Rafti offers an unforgettable Aegean Sea experience. Its coastline, embellished with quaint taverns and cafés, promises an authentic Greek dining experience, enhanced by mesmerizing sea views. The town is adorned with an array of archaeological sites, including the ruins of the ancient Greek port of Prasiae. Porto Rafti’s location allows for easy access to the enchanting Petalioi Gulf, a cluster of uninhabited islands perfect for sailing and exploration. Its natural beauty is amplified by the Kouvara mountain range, providing opportunities for hiking and wildlife spotting. This coastal town is home to the unique Avlaki Beach, famous for its therapeutic mineral springs. The vibrant local culture comes alive during numerous annual festivals, combining food, dance, and music in a true Greek fashion. A trip to Porto Rafti is incomplete without tasting its fresh seafood, especially the locally-caught octopus. Ultimately, Porto Rafti, with its blend of scenic beauty, cultural richness, and culinary delights, offers a truly immersive Greek holiday experience.
He was the owner of the yacht Drad. Coustas’ yacht was named after his wife Sofia (spelled backward: Aifos). But after a non-amicable divorce, sat which she claimed US$ 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.
We have not yet been able to identify his private jet. But please do send us a message if you have information about his business jet. The photos hereunder are just samples of some of the most successful private jets on the market.
(Photos by JetPhotos.com, Planespotters.net ; flightaware.com; flickr.com; picssr.com; planefinder.net ) Do you want us to remove a certain photo? Or credit a source? Please send us a message
Yacht Owners Database 2024
