Greek Australians dominate rich list again in 2026, with Bastas and Politis leading the way

2 weeks ago 47

Greek Australian entrepreneurs person erstwhile again made a strong showing successful The Australian’s yearly database of the 250 richest radical successful Australia for 2026.

At slightest 13 Australians of Greek descent, matching past year’s number, though with some changes, diagnostic successful this year’s rankings. Dennis Bastas remains the highest-ranked among them, climbing to 26th spot (from 55th past year and 88th successful 2024).

He is followed by Nick Politis, who besides made a important leap, moving from 66th spot successful 2025 to 36th this year.

Third among Greek Australians is Theo Andrianakos and his family.

Among this year’s 29 newcomers to the Top 250 are two Greek Australians: Georgia and Daniel Contos, aged conscionable 34 and 35.

The covering institution they founded, White Fox—highlighted successful a abstracted diagnostic by The Australian—accounts for the bulk of their wealth, present estimated astatine a combined $1.42 billion. Their luck places them straight astatine positions 128–129.

The database is considered 1 of the country’s astir prestigious rankings, featuring some of Australia’s astir salient and successful concern figures, arsenic well arsenic respective lesser-known names.

Georgia and Daniel Contos. Photo: @georgiacontos/Instagram

However, 2026 proved to beryllium a year of upheaval. For the archetypal clip since the list’s inception, the combined wealth of the Top 250 declined—falling by $25 cardinal compared to past year, to a total of astir $664 cardinal (down from $689.52 cardinal successful 2025, though still higher than $591.31 cardinal successful 2024 and $531.96 cardinal successful 2023).

Almost the full driblet was attributed to the crisp diminution successful the fortunes of Atlassian co-founders Mike Cannon-Brookes and Scott Farquhar, whose combined wealth fell by $35 cardinal this year.

Both dropped retired of the top ten, arsenic Atlassian has been impacted by the emergence of artificial intelligence, which threatens to render parts of its λογισμικό obsolete. The institution besides announced 1,600 occupation cuts recently.

Their places successful the top ten were taken by two billionaires from much traditional sectors: media-turned-mining and operation magnate Kerry Stokes, and Wall Street infrastructure elephantine Mike Dorrell.

Nick Politis. Photo: Supplied

The richest successful Australia (Top 10)

  • Gina Rinehart – Hancock Prospecting: $41.66 billion
  • Harry Triguboff – Meriton: $34.10 billion
  • Anthony Pratt – Pratt Industries / Visy: $30.05 billion
  • Clive Palmer – Mineralogy: $22.44 billion
  • 5–6. Cliff Obrecht & Melanie Perkins – Canva: $18.33 billion
  • Nicola Forrest – Tattarang Capital: $17.96 billion
  • Andrew Forrest – Fortescue Metals Group: $16.72 billion
  • Mike Dorrell – Stonepeak: $14.35 billion
  • Kerry Stokes – Australian Capital Equity: $13.55 billion

Atlassian founders Farquhar and Cannon-Brookes ranked 12th and 13th respectively, with estimated fortunes of $11.87 cardinal and $11.76 cardinal (down from $29.19 cardinal and $29.45 cardinal past year).

Dennis Bastas. Photo: Supplied

The Greek Australian names connected the list

  • 26. Dennis Bastas – DBG Health

Net worth: $5.4 cardinal (up from $3 cardinal past year)

Bastas has spent the past decennary transforming DBG Health into 1 of Australia’s largest backstage healthcare and quality groups. Born successful Melbourne to Greek migrant parents, helium began his vocation astatine Coles Myer earlier gathering a concern known for accelerated execution and dealmaking. In 2025, helium sold a number stake successful DBG to US concern steadfast BDT & MSD Partners, valuing the institution astatine implicit $7 billion.

  • 36. Nick Politis – WFM Motors / Eagers Automotive

Net worth: $4.59 cardinal (up from $2.5 billion)

Politis built his luck aft acquiring City Ford successful Sydney successful 1974. The concern evolved into a large automotive and spot group. He played a cardinal relation successful Eagers Automotive’s $1 cardinal Canadian enlargement successful 2025 and has agelong been associated with the Sydney Roosters, serving arsenic president since 1993.

  • 88. Theo Andrianakos & household – Andrianakos Property Group

Net worth: $1.98 billion

The household continues to person substance wealth into a large spot empire. Following the decease of laminitis Nick Andrianakos, Theo present leads the group, which has expanded done acquisitions including a 50 per cent stake successful Melbourne’s Northland Shopping Centre.

  • 111–112. Terry & Arthur Tzaneros – ACFS Logistics / AGS World Transport

Combined nett worth: $1.62 billion

Father and son pb Australia’s largest privately owned instrumentality logistics company, with operations crossed Australia and New Zealand.

  • 128–129. Daniel & Georgia Contos – White Fox Boutique

Combined nett worth: $1.42 billion

The mates built their manner empire done κοινωνικά media-driven retail. Their marque continues to grow globally, supported by a strong online following.

  • 141. Theo Karedis & household – Arkadia Group

Net worth: $1.31 billion

Arriving from Kythera decades ago, Karedis built Theo’s Liquor earlier reinvesting successful a large portfolio of buying centres, hotels and mixed-use developments.

  • 181. Con Makris – Makris Group

Net worth: $1.03 billion

Makris is expanding into large developments connected the Gold Coast, including the $500 cardinal Marina Mirage project.

  • 188. Nicholas Paspaley & household – Paspaley Group

Net worth: $1 billion

The Paspaley sanction is synonymous with pearls, but the family’s wealth present spans property, aviation and luxury ventures.

  • 216. Harry Stamoulis & household – Stamoulis Property Group

Net worth: $856 million

The radical holds large commercialized assets successful Melbourne and improvement sites connected the Gold Coast.

  • 229. Ilias Pavlopoulos – ColCap

Combined nett worth: $819 million

Co-founder of 1 of Australia’s largest non-bank lenders, with operations crossed Australia and the UK.

  • 244. Spiros Alysandratos – Consolidated Travel Group

Net worth: $777 million

A pioneer of Australia’s travel industry, helium built 1 of the country’s largest privately owned hose wholesalers.

Note: The hunt for Greek Australian names was conducted based connected Greek surnames; arsenic such, some individuals of Greek practice whitethorn not person been identified if their names person changed.

Read Entire Article

© HellaZ.EU.News 2026. All rights are reserved

-