According to data published by the Australian Financial Review, in this year's list of the 200 richest Australians for 2025, at least 12 Greek-Australians or families of Greek origin occupy prominent positions, confirming the dynamic presence of the Greek diaspora in the country's economic elite.
Among them, they stand out two personalities with origins from Kythera:
Nick Politis (No. 64 - $2.58 billion)
An automotive entrepreneur, Nick Politis is the owner of more than 250 dealerships and a major shareholder of Eagers Automotive, In 2024 he acquired two Porsche dealerships in Melbourne, investing approximately $50 million. Sydney Roosters in the national rugby league. Its roots go back to the Saint Pelagia, which he continues to honor and visit.
Theo Karedis (No. 138 - $1.21 billion)
The other Cypriot tycoon, Theo Karedis, he acquired a fortune thanks to the chain Theo's Liquor, which he sold to the giant Coles in 2002 for more than $175 million. Today, together with his son Greg Karedis, they manage the Arcadia Group, which owns 11 shopping centres across Australia.
The economic rise of the Greek-Australian community
As reported by Greek City Times, the total wealth of this year's list increased by 6.9% to $667.8 billion., despite international challenges and trade tensions. The dominant sectors are raw materials, the real estate and pharmaceutical sector. The successful Greek-Australians are active in numerous sectors such as: logistics, travel services, real estate, automotive and investments.
