Nonprofits & Activism

Stavros Niarchos Foundation Net Worth & Earnings

Updated
Stavros Niarchos Foundation Net Worth & Earnings (2024)

Stavros Niarchos III, a Greek professional kiteboarder and philanthropist, is widely recognized for his impressive background and contributions to various industries. Born on April 17, 1985, in New York City, Stavros is the oldest grandchild of Stavros Niarchos, the founder of a renowned shipping empire based in Greece. The Niarchos family's wealth was primarily built on the success of supertankers, which gained popularity in the oil industry.

Stavros Niarchos III grew up in Paris, France, where he attended the prestigious Catholic private school, College Stanislas de Paris. Later, he spent his final year of high school at the renowned prep school, Seabury Hall, in Maui, Hawaii. He pursued his higher education at the University of Southern California Film School, graduating with a degree in film.

Stavros is the son of Philip Niarchos and Victoria Guinness, with three siblings named Eugenie, Theodorakis, and Electra. Philip, the son of billionaire shipping tycoon Stavros Spyrou Niarchos and Eugenia Livanos, comes from a family with a rich legacy. Victoria, on the other hand, is a member of the Guinness beer family.

Philanthropic Endeavors and Business Ventures

The Niarchos family is actively involved in philanthropy through the Stavros Niarchos Foundation, one of the world's leading private, international philanthropic organizations. The foundation focuses on making grants to nonprofit organizations in areas such as arts and culture, education, health and sports, and social welfare. It was established in 1996 following the passing of Stavros Spyrou Niarchos.

In addition to his philanthropic efforts, Stavros Niarchos III has made significant contributions to the art world. He co-funded Paddle8, an online art auction house, alongside notable figures such as gallerist David Zwirner, artist Damien Hirst, Jay Jopling of White Cube Gallery, and venture capitalist firms Mousse Partners and Founder Collective. Paddle8 initially gained recognition as a virtual Christie's for contemporary art and later expanded to include fashion accessories, movie memorabilia, and more.

Stavros Niarchos III's business ventures have showcased his entrepreneurial spirit and commitment to innovation. His involvement in Paddle8 led to a remarkable increase in sales revenue, with a 146% growth in 2014 compared to the previous year.

Personal Life and Accomplishments

Stavros Niarchos III has been associated with several high-profile relationships with celebrities such as Paris Hilton, Lindsay Lohan, and Mary-Kate Olsen. However, his personal life took a new turn when he got engaged to Russian heiress and businesswoman Dasha Zhukova in July 2019. The couple tied the knot in Paris on October 11, 2019, and later celebrated with a larger wedding ceremony in Switzerland in January 2020.

Stavros and Dasha welcomed their first child, Philip Stavros Niarchos, in March 2021. Stavros also became a stepfather to Dasha's two children from her previous marriage. Dasha, known for her contributions to the art world as the co-founder of the Garage Museum of Contemporary Art and founder of "Garage Magazine," comes from a family with a background in oil trading and molecular biology.

Aside from his personal life, Stavros Niarchos III has made notable real estate investments. In 2011, he purchased the Kronish House in Beverly Hills, California, for $12.8 million. In 2019, he acquired the neighboring property for $15 million, expanding his luxurious estate. Additionally, in 2021, Stavros bought a Beverly Hills home for $13.5 million, further showcasing his interest in prestigious properties.

Stavros Niarchos III's background as a professional kiteboarder, philanthropist, and entrepreneur highlights his diverse accomplishments and contributions to various fields. His dedication to philanthropy, business ventures, and personal achievements has solidified his position as a prominent figure in the industry.

With over 22 thousand subscribers, Stavros Niarchos Foundation is a popular YouTube channel. It started in 2010.

There’s one question everybody wants answered: How does Stavros Niarchos Foundation earn money? Using the viewership data on Stavros Niarchos Foundation's channel, we can predict Stavros Niarchos Foundation's net worth and earnings.

Table of Contents

  1. Stavros Niarchos Foundation net worth
  2. Stavros Niarchos Foundation earnings

What is Stavros Niarchos Foundation's net worth?

Stavros Niarchos Foundation has an estimated net worth of about $581.31 thousand.

Stavros Niarchos Foundation's acutualized net worth is unverified, but our site Net Worth Spot estimates it to be near $581.31 thousand.

The $581.31 thousand estimate is only based on YouTube advertising revenue. In reality, Stavros Niarchos Foundation's net worth may actually be higher. Considering these additional sources of income, Stavros Niarchos Foundation may be worth closer to $813.84 thousand.

Stavros Niarchos III, the famous Greek professional kiteboarder and heir to the Niarchos shipping fortune, has made a name for himself not only through his athletic pursuits but also through various additional revenue sources beyond YouTube. Let's take a closer look at some of these sources.

Paddle8

One of Stavros Niarchos III's notable ventures is Paddle8, an online art auction house. He co-funded this platform with renowned gallerist David Zwirner, artist Damien Hirst, Jay Jopling of White Cube Gallery, and venture capitalist firms Mousse Partners and Founder Collective. Initially focused on contemporary art, Paddle8 expanded its offerings to include fashion accessories, movie memorabilia, and more. In 2014, the platform's sales revenue exceeded $35 million, marking a remarkable 146% increase from the previous year.

Real Estate Investments

Aside from his involvement in the art world, Stavros Niarchos III has also made significant investments in real estate. In 2011, he purchased the Kronish House in Beverly Hills, California, for $12.8 million. This stunning property boasts four bedrooms, seven bathrooms, several fireplaces, an elevator, and a balcony. In 2019, he acquired the neighboring home for $15 million, further expanding his real estate portfolio. The 1.34-acre property features a full-size sports court, a swimming pool, and a motorcourt capable of accommodating two dozen cars. In 2021, Niarchos added another property to his collection, a 4,600 square foot Beverly Hills home, which he purchased for $13.5 million.

Philanthropic Endeavors

The Niarchos family, including Stavros Niarchos III, is actively involved in philanthropy through the Stavros Niarchos Foundation. Established in 1996 after the passing of Stavros Spyrou Niarchos, the foundation is recognized as one of the world's leading private, international philanthropic organizations. It provides grants to nonprofit organizations in various areas, including arts and culture, education, health and sports, and social welfare.

These additional revenue sources showcase Stavros Niarchos III's diverse interests and entrepreneurial spirit. From his involvement in the art world to his real estate investments and philanthropic endeavors, he continues to make a significant impact beyond his successful YouTube career.

How much does Stavros Niarchos Foundation earn?

Stavros Niarchos Foundation earns an estimated $145.33 thousand a year.

Stavros Niarchos Foundation fans often ask the same question: How much does Stavros Niarchos Foundation earn?

On average, Stavros Niarchos Foundation's YouTube channel receives 2.42 million views a month, and around 80.74 thousand views a day.

If a channel is monetized through ads, it earns money for every thousand video views. On average, YouTube channels earn between $3 to $7 for every one thousand video views. With this data, we predict the Stavros Niarchos Foundation YouTube channel generates $9.69 thousand in ad revenue a month and $145.33 thousand a year.

Net Worth Spot may be using under-reporting Stavros Niarchos Foundation's revenue though. Optimistically, Stavros Niarchos Foundation may make more than $261.59 thousand a year.

Stavros Niarchos Foundation likely has additional revenue sources. Influencers may promote their own products, secure sponsorships, or earn money with affiliate commissions.

What could Stavros Niarchos Foundation buy with $581.31 thousand?What could Stavros Niarchos Foundation buy with $581.31 thousand?

 


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