As of September 2012, Ms. Frangou is also serving as a Board member of Eurobank Ergasias S.A. (one of the largest commercial banks in Greece). Ms. Frangou is also Chairman and CEO of Navios Maritime Holdings Inc. - Navios Acquisition's sponsor - since August 2005. Frangou then merged the company with her existing port operation in Uruguay, making the Navios subsidiary one of the largest logistics firms in South Americas Hidrovia region. For the budding entrepreneur, it was very much go big or go home, which explains her next daring move: in 1990, Frangou travelled to Rio de Janeiro with a $1.5m (1.3m) loan from her father and purchased the Fulvia, a defunct 14,000-tonne freighter. Navios Maritime Acquisition Corp executives and other stock owners filed with the SEC include: Track performance, allocation, dividends, and risks, Annotate, download XLSX & look up similar tables, Filter, compare, and track coins & tokens, insiders at Navios Maritime Acquisition Corp, Stocks and cryptocurrency portfolio tracker. Think of it this way: goods dont care what vessel they are carried on. Angeliki Frangou is 55, she's been the Chairman of the Board and Chief Executive Officer of Navios Maritime since 2005. Angeliki Frangou Net Worth. I also enjoyed the work, focusing on problem solving, looking at financial puzzles and orchestrating solutions., Despite her natural ability as a financial analyst, Frangous innate sense of belonging to her family career soon came calling, with a slight prompt born out of parental love: After a few years on Wall Street, I transitioned to shipping, because of the cleverness of my father I think he wanted me living back in Greece.. Angeliki Frangou (born 1965) ( Greek: ) is a Greek shipowner. She is from Greek. She is from Greek. As of September 2012, Ms. Frangou is also serving as a Board member of Eurobank Ergasias S.A. (one of the largest commercial banks in Greece). [3][4] Her brother is also a shipowner with his own company and both them are the fourth generation of shipowners in the family. Early life and education [ edit] This is more than $30M worth of. More recently, emerging markets have become key to Navios continued expansion. [8] In 2013, Frangou was mentioned on CNN's International Leading Women. There are 6 older and 13 younger executives at Navios Maritime. "She is just as happy to mull over the fuel economies that can be achieved by proper sandblasting as she is to discuss the intricacies of financial tools". Angeliki Frangou was born on 1965 in Greece, is a Greek shipowner. Undoubtedly. Ms. Frangou is also the Chairman of the board of directors of Navios South American Logistics since inception in December 2007. There are 4 older and 15 younger executives at Navios Maritime. Angeliki Frangou net worth 404 Thousand Millions of dollars 74% Net worth score Disclamer: Angeliki Frangou net worth displayed here are calculated based on a combination social factors. Last updated: 1 August 2022 at 11:00am EST. Ultimately I used [the Fulvia] to build a company with a net asset value in excess of $100m [84.8m], she said. After purchasing 63.8 percent of the Horamar Group for $112.2m (95.2m) that same year, Frangou launched her fourth company: Navios South American. What makes Frangou so brilliant at what she does is her ability to see the bigger picture, while also considering the smaller, more complex factors. Last updated: 1 December 2022 at 11:00am EST. Angeliki Frangou Net Worth Her net worth has been growing significantly in 2020-2021. Last updated: 1 September 2022 at 11:00am EST. I learned that in an industry filled with assets [and] vessels, the most precious asset of all was human resource. From June 2006 until September 2008, Ms. Frangou also served as Chairman of Proton Bank, based in Athens, Greece. As of December 2014, Navios Group controls 149 dry bulk carriers, 50 tankers and 12 container vessels. [3] She has a brother Ioannis (John), and two younger sisters (Katerina) and (Maria) . During the period 1990 through August 2005, Ms. Frangou was the Chief Executive Officer of Maritime Enterprises Management S.A., and its predecessor company, which specialized in the management of dry cargo vessels. Her net worth has been growing significantly in 2021-2022. Angeliki N. Frangou is Chairman of the Board, Chief Executive Officer of Navios Maritime Holdings Inc. We recommend you to check the complete list of Famous People born on . In terms of current shipping operations, this entails taking into account weather conditions, technical issues and ongoing political movements, to name but a few. Angeliki Frangou is 55, she's been the Chairman of the Board and Chief Executive Officer of Navios Maritime since 2005. For example, 70 percent of all seaborne iron ore imports go to China and it is now the largest single importer of crude oil. Please only use it for a guidance and Angeliki Frangou's actual income may vary a lot from the dollar amount shown above. She is currently single. Angeliki Frangou has $30M+ reasons to avoid a NM bankruptcy President and CEO of NM Angeliki Frangou ( AF) owns 25.4% of NM according to the latest filing. In such cases, its rarely just a passion. On average, Navios Maritime Acquisition Corp executives and independent directors trade stock every 0 days with the average trade being worth of $1,740,000. Last updated: 1 August 2022 at 11:00am EST. Previously, Ms. Frangou was Chairman, Chief Executive Officer and President of International Shipping Enterprises Inc., which acquired Navios Holdings. As of September 2012, Ms. Frangou is also serving as a Board member of Eurobank Ergasias S.A. (one of the largest commercial banks in Greece). Since purchasing a defunct freighter in 1990, Angeliki Frangou has become a force to be reckoned with in the highly competitive world of international shipping, Top 5 ways to manage the board during turbulent times, Top 5 ways to create a family-friendly work culture, Top 5 tips for a successful joint venture, Top 5 ways managers can support ethnic minority workers, Top 5 ways to encourage gender diversity in the workplace, Top 5 ways CEOs can create an ethical company culture, Top 5 tips for going into business with your spouse, Top 5 ways to promote a healthy workforce, Top 5 tips for avoiding the conference vortex, Top 5 ways to maximise new parents work-life balance with technology, Top 5 ways to build psychological safety in the workplace, Top 5 ways to prepare your workforce for the AI revolution, Top 5 ways to tackle innovation stress in the workplace, Keeping watch: Piaget CEO Chabi Nouri eyes e-commerce growth, The Port of Antwerp leads the way in terms of sustainable shipping, The Grimaldi Group is working to make shipping even more sustainable, British Polo Day helps luxury brands connect to emerging markets | Video. Over the last 13 years, insiders at Navios Maritime Acquisition Corp have traded over $4,895,000 worth of Navios Maritime Acquisition Corp stock. Discover Angeliki Frangou's Biography, Age, Height, Physical Stats, Dating/Affairs, Family and career updates. This growth is by no means finished. Ms. Frangou is the non-executive Chairman of IRF European Finance Investments Ltd., listed on the SFM of the London Stock Exchange, and is also a Member of the Board of the United Kingdom Mutual Steam Ship Assurance Association (Bermuda) Limited. From June 2006 until September 2008, Ms. Frangou also served as Chairman of Proton Bank, based in Athens, Greece. We dont have much information about Shes past relationship and any previous engaged. Last updated: 1 March 2023 at 11:00am EST. The pandemic changed everything. Frangou said: Emerging markets growth has outpaced growth in the advanced economies in every year since China joined the WTO [World Trade Organisation] in 2001. Captain of industry But Frangou didnt want to just join the family business, or even work for another shipper. Ms. Frangou is member of the Board of The United Kingdom Mutual Steam Ship Assurance Association (Bermuda) Limited, Vice Chairman of China Classification Society Mediterranean Committee and a member of the Hellenic and Black Sea Committee of Bureau Veritas as well as a member of Greek Committee of Nippon Kaiji Kyokai. Previously, Ms. Frangou was Chairman, Chief Executive Officer and President of International Shipping Enterprises Inc., which acquired Navios Holdings. Ms. Frangou also acts as Vice Chairman of the China Classification Society Mediterranean Committee, and is a member of the International General Committee and of the Hellenic and Black Sea Committee of Bureau Veritas, and is also a member of the Greek Committee of Nippon Kaiji Kyokai. Angeliki Frangou has positioned Navios perfectly to capture the ongoing growth of emerging economies for years to come. The oldest executive at Navios Maritime Holdings, Inc. is Ted C. Petrone, 66, who is the Vice Chairman of Navios Corp.. This sense of duty links to the importance she places on talent and the ingenuity of those around her. Being Greek was arguably the very first foundation layer in the construction of Frangous extraordinary career; Greeks often talk about the sea as though it is a part of their soul. Also learn how She earned most of networth at the age of 55 years old? There are 7 older and 5 younger executives at Navios Maritime Partners L.P. Today's pre-eminent woman shipowner Angeliki Frangou continues to hold the reins of four publicly listed companies, spanning dry bulk, tankers, containers, terminals and logistics 13 Dec 2019 Lloyd's List The chairman and chief executive is showing no signs of slowing down Frangou: hands-on at every level of the business. Last updated: 1 March 2023 at 11:00am EST. According to our Database, She has no children. Frangou served as the CEO of Franser until 2001, when she merged it with her newly created company, Maritime Enterprises Management. Angeliki Frangou Net Worth So, how much is Angeliki Frangou worth at the age of 57 years old? I cant say I had any conscious thought of why I thought it would be important later in life, but I did think so. Angeliki N. Frangou Net Worth Ms. Frangou received a bachelors degree in mechanical engineering from Fairleigh Dickinson University (summa cum laude) and a masters degree in mechanical engineering from Columbia University. Ms. Frangou is member of the Board of The United Kingdom Mutual Steam Ship Assurance Association (Bermuda) Limited, Vice Chairman of China Classification Society Mediterranean Committee and a member of the Hellenic and Black Sea Committee of Bureau Veritas as well as a member of Greek Committee of Nippon Kaiji Kyokai. Angeliki Frangou Net Worth Smooth sailing The commercial success of the vessels first voyage to the US spurred Frangou to buy and restore more disused vessels from Brazil, and establish her own bulk shipping company, Franser. Last updated: 1 March 2023 at 11:00am EST. Although she was just 25 at the time, Frangou had the confidence and tenacity to attack a looming and costly task with gusto.