Giannis (John) Coustas is the owner of the yacht Drad (ex: Aifos). Drad is an aluminum yacht, powered by two MTU engines with a total of 8,400hp. Her top speed is 24 knots, which is very fast for a 50 meter yacht.
John Coustas is the President and CEO of Danaos Corporation. Danaos Corporation is a leading international owner of containerships, chartering a total of 61 vessels to many of the world's largest liner companies.
Danaos is among the largest containership charter owners in the world. Danaos was founded in 1972 by Dimitris Coustas, the father of John Coustas. Danaos realized revenues of more than USD 500 million in 2012.
John Coustas and his family own approx. 62 % of the stock of Danaos through the Coustas Family Trust.
Owning 67 million stocks at USD 4 per stock, his current net worth is more than USD 250 million, we estimate it at US$ 360 million. Dimitrous Coustas still holds around 7% of the stock with a worth of around USD 30 million.
Coustas’ yacht was named after his wife Sofia (spelled back wards: Aifos). But after a non amicable divorce, sat which she claimed US$ 180 million Coustas renamed his yacht Drad in 2014.
Drad was sold and is now named Belita