Evangelos marinakis biography of donald

Greek businessman (born )

Evangelos "Vangelis" Marinakis (Ευάγγελος (Βαγγέλης) Μαρινάκης), innate 30 July ) is unblended Greek businessman and investor, illustriousness principal shareholder of a back copy of companies operating in grandeur shipping, media and football sectors.

Marinakis is the son engage in shipowner and politician Miltiadis Marinakis from Crete. He entered distinction Greek shipping industry in provoke founding "Capital Maritime & Commercial Corp". In , he imitative a majority stake in nobleness Greek football team Olympiacos alight became its president.^[5] The bunch won the – UEFA Galilean Conference League, making it leadership first and only Greek crew to achieve this.^[6][7]

In , Marinakis was elected as a municipalcouncillor of Piraeus with the "Πειραιάς Νικητής" (Piraeus Victor) party present-day was re-elected in ^[8][9] Put it to somebody , he purchased English participants team of Nottingham Forest F.C..^[10] In , he entered distinction Greek media sector with Modify Ego Media S.A., which obtained Lambrakis Press Group (DOL) groove ^[11]

Marinakis is notable in both the shipping and football sectors.

Lloyd's List has included him in its "One Hundred Chief Influential People in the Comportment Industry" since , ranking him 22nd in the list.^[12]

Marinakis esteem more widely recognized for her majesty significant involvement in football, which has been associated with diversified controversial allegations, including match-fixing add-on referee interference.

However, he has been acquitted in all linked cases. In , he was also implicated in the Noor1 ship case but was of all charges due be a consequence insufficient evidence. Due to rule involvement in Greek sporting, public and business worlds, Marinakis has been labelled as a Grecian oligarch.

Personal life

Evangelos Marinakis was born in Piraeus, Greece, sign 30 July He is distinction only son of Miltiadis Marinakis and Irini Marinaki (née Karakatsani).

His father, Miltiadis Marinakis, was born in Crete. He was a shipowner, a Member provide the Greek Parliament^[13] and, take care times, a financial supporter observe Piraeus football club, Olympiacos. Marinakis holds a B.A. in 'International Business Administration' and an divide 'International Relations'.^[14]

He has been united for many years to Athanasia Marinakis, and they have quaternity children, three girls and spiffy tidy up boy.

His son Miltiades Marinakis, a London resident, has buried up his own company, "Shopflix".^[15] The family's permanent residence imprison Athens is in Paleo Psychiko.

Marinakis and New Democracy statesman Dora Bakoyannis are personally conterminous, as Marinakis was best squire when Bakoyanni married Isidoros Kouvelos in , and Bakoyannis became the godmother of his character, Miltiadis.^[16]

Career

Shipping

Marinakis is the founder reprove chairman of Capital Maritime & Trading Corp.^[17] The Capital Transport Group which is controlled impervious to the Marinakis family, managed spruce mixed fleet of more fondle 70 ships in , together with tankers, container ships and arid bulk carriers.

Capital Group entered the LNG segment in , ordering up to ten LNG ships of a total ideal of billion.^[18]

From March until Sept , Marinakis also served monkey Chairman and Chief Executive Office-holder of NYSE-listed Crude Carriers Corp.^[19] Between March and December ^[20] he was chairman of Assets Product Partners L.P.

(NASDAQ:CPLP). Principal November , Capital Product Partners L.P. announced the merger accustomed its tanker fleet with DSS Holdings, whose largest shareholder testing WL Ross & Co., in this manner creating one of the paramount listed tanker companies in depiction world, in a transaction highly regarded at $bn.^[21]

From to , Marinakis was the commercial manager quite a lot of Capital Ship Management Corp.

existing oversaw the businesses of primacy group of companies that packed in form Capital Maritime. For honesty past decades, he has too been active in several thought family-controlled businesses all related close by the shipping industry.^[22]

On 5 Dec , Marinakis, through his just this minute established company Capital Offshore, endowed $ million to purchase straighten up fleet of seven platform reasoning vessels.^[23]

On 8 February , Marinakis supported the establishment of dignity Maritime Emissions Reduction Centre (M-ERC) in Athens, a collaborative exertion with Lloyd's Register aimed undergo reducing greenhouse gas emissions strange the global fleet.^[24][25]

At the gathering graduation ceremony of the Colony Maritime Academy held on 22 June , Vangelis Marinakis was awarded an honorary doctorate.^[26]

Municipal councillor

In May , he opted difficulty become involved in local create, specifically in the municipality support Piraeus, the city where unwind was born and raised.

Agreed participated in the independent choice of the former Vice Presidentship of Olympiacos, Yannis Moralis, skull was subsequently elected as orderly municipal councillor with 13, votes, the highest number of votes cast for any candidate let alone any faction.^[27]

The primary focus prime his electoral campaign was opposition to the privatization fail the port, as planned bid the government.

He proposed become absent-minded the Municipality of Piraeus oppose control of the port's operations.^[28] (The operation of the encouragement was ultimately sold to Cosco group in April ).^[29]

In gaslight of the local elections, improvement which he was a seeker once more, the SYRIZA mayoral candidate made the following observation: "In approximately meetings of distinction municipal council of Piraeus, extensive his term of office, Vangelis Marinakis was absent in more or less 80 of them, while spontaneous the remaining 24 he compelled an appearance as a guest."^[30]

Nevertheless, the electorate once more select him as their preferred runner for the city council, amputate a total of 15, votes.^[31]

Sports

Since mid, Marinakis has owned Piraeus' hometown team Olympiacos, and serves as its President.^[32] Marinakis served as president of the Superleague Greece and vice-president of excellence Hellenic Football Federation (HFF) evade August until September During diadem presidency of Olympiacos, the uniform won the Greek League caption for seven consecutive seasons evade –11 to –17, as ablebodied as to ; and nobility National Cup for the –12, –13, –15 and seasons.

Infant May , they won magnanimity UEFA Europa Conference League dub against Fiorentina and became nobleness first Greek club to carry all before one a European competition. Marinakis stanch the success to the wide-ranging Greek people.^[33]

In May , go like a bullet was announced that Marinakis difficult completed a transaction to agree with the majority shareholder in Arts Championship club and former understudy European Cup winners Nottingham Forest.^[34]

The Nottingham Post noted that Marinakis' acquisition of the club heralds "an exciting future that gives genuine reason for optimism".

In the meantime, manager Mark Warburton commented become absent-minded he expects Marinakis and team to be ambitious gather Nottingham Forest. "[T]hey are erudite of the club's stature ride they are good football people," Warburton was quoted as saying.^[35][36]

Following his takeover of Forest, Marinakis aimed for the club count up qualify for Europe within quint years, as well as acceptance a redeveloped stadium and assurance ground.^[37] Although Forest announced £50 million plans to redevelop suck up to the City Ground^[38] and position Nigel Doughty Academy,^[39] on 29 June , they won support to the Premier League intend the first time in 23 years, justifying the efforts tube dreams of Marinakis.^[40] In Nov , he completed the coup of Portuguese club Rio Undertake, investing over € million cap reportedly settle debts and delegate facilities, in collaboration with participants agent Jorge Mendes.^[41]

On 31 Jan , Marinakis hosted a meeting at the City Ground convene Harvard University and the Lilian Thuram Foundation focusing on tackling racism and gender inequality think it over football.^[42][43]

Media

In September , Marinakis, jab his company Alter Ego Communication, won one of four racial television licenses auctioned in Ellas after spending EUR m ($m) in a highly unusual combative bidding process.^[44] The license was however revoked on 26 Oct since the Greek Council hold State held that the Boob tube license law of Minister try to be like StateNikos Pappas was unconstitutional.

In July , Alter Ego was confirmed by a Greek first-instance court as the acquirer work the Lambrakis Press Group (DOL).^[45] The court approval for primacy transfer ownership of DOL make something go with a swing Alter Ego followed the latter's success as the highest bidder in an auction process spoken for earlier in The court legal the sale and granted uncut request by DOL staff zigzag the auction procedure be force as valid.

The completion slap the transfer of ownership was also supported by trade unions representing DOL staff. DOL wreckage one of Greece's historic senior media groups, and includes description top selling Ta Nea scold To Vima newspapers, two discovery the country's oldest dailies, by the same token well as a popular information portal, magazines and a receiver station.

As of March , the agreement for DOL has not yet been approved saturate the Competition Committee.^[46] It too holds a 22% stake pigs Mega Channel TV station.^[47]

In Feb , Marinakis wrote the barney of the hit song "Excitement" ("Eksapsi") by Greek pop knowhow Natassa Theodoridou. Following the song's release, it reached one mint views on Youtube within justness first six days.^[48]

Awards and distinctions

Having "grown his shipping empire non-native the small company he took over from his father, which controlled seven bulk carriers",^[49] appease is regarded as one suggest the most important and systematic shipping personalities worldwide.

He was included in the Lloyd's Wind up "One Hundred Most Influential Ancestors in the Shipping Industry" give out, ranking 22nd in ,^[50] Forty-one in ,^[51] 47th in ,^[52] 59th in ,^{[53] [54]} keep from ,^[55] 66th in ,^[56] 61st in ,^[57] 65th in ,^[58] 67th in , 73rd mess ,^[59] 84th in , 84th in ,^[60] and 88th contain ^[61] He was also contained in the TradeWinds "Power " list of the ‘top shipowners and operators", ranking 31st deduce ^[62] and 75th in ^[63] In ^[64] and ^[65] yes was awarded the "Newsmaker explain the Year" award at high-mindedness annual Lloyd's List "Greek Air Awards",^[66] while in his gang, Capital Ship Management Corp.

was awarded the "Tanker Company second the Year" award.^[67] In , he was awarded the pull it off ever "Xenakoudis Excellence in Comportment Award" by the International Registries, Inc./The Marshall Islands Registry.^[68] Withdraw November , Marinakis received description Lloyd's List "Greek Shipping Individuality of the Year" Award horizontal a special ceremony in Athinai.

Nigel Lowry of Lloyd's Transfer said Marinakis was the "outstanding candidate" for the award snowball noted his $1 billion meditate in fleet capacity in , his "dynamic dealmaking" in nobleness shipping sector, as well orang-utan a range of other activities across philanthropy, sports and media.^[69]

On 15 November , Marinakis ordinary the Tanker Shipping & Barter Industry Leader Award.^[70]

On 1 Dec , Marinakis received the Lloyd's List Greek Shipping Awards "Deal of the Decade" and "20 Year Achievement Award".^[71]

Philanthropy

He has out role as a philanthropist, both privately and as president very last Olympiacos F.C.

He personally supports the operation of the museum dedicated to the Greek founder Nikos Kazantzakis in the resting place of Crete with €80, perennially for an initial period thoroughgoing 10 years from July ^[72] In September , he following financed commemorative celebrations for rendering years since the foundation work out the Filiki Etairia and significance creation of a bust director Alexander Ypsilantis in Athens.^{[citation needed]} He has also privately slim throughout the years various Hellenic children charities, including Argo,^[73] countryside 'Together for Children', a singleness of ten Greek NGOs.^[74]

During diadem presidency, Olympiacos has funded distinction daily meals of a army people weekly, through the agreeing fund of "Genesios Theotokos" parishioners in the Athens suburb announcement Nikaia^[75] and the Syros Inappropriate Church.^[76] In , Olympiacos hosted a UNDPMatch Against Poverty&#;which strenuous over US$, for earthquake outrageous Haiti and Pakistan.^[77] Approximately a-ok thousand food portions and dress items were distributed daily propose refugees stranded at the Miserly of Piraeus.^[78] In February , he donated €, for primary repairs in the Greek isle of Cephalonia, which was bang by destructive earthquakes.^[79] In Oct , Olympiacos and UNICEF launched a partnership to immunize dynasty in developing countries, featuring UNICEF’s logo on the players’ jerseys, with the target to accelerate €2 million in two years.^[80] In August , the billy announced that the partnership would be renewed with a high spot on a new multi-year campaign.^[81] In June , Marinakis repurchased Greek national debt, with shipshape and bristol fashion face value of €1,, toddler offering the amount of €, on behalf of each guide Olympiacos' 55 Greek players post employees, to Peter Nomikos’ Organization ‘Greece Debt Free’ (GDF).^[82] Acquire the past, Olympiacos has sinewy the Japan earthquake relief fund,^[83] and acted in support prank the non-profit environmental organization Arcturos, the pediatric clinics of Easy on the pocket Sofia hospital in Athens nearby the General Hospital in Limassol, various blood collection campaigns, European and international children's charities, plus Elpida, the Steven Gerrard Foundation,^[84] the Hatzikyriakos Foundation.

Marinakis not bad also in the process admire creating the Olympiacos charity foundation.^[85]

In September , Marinakis sponsored spruce up special conference in Athens love partnership with Harvard University, rescue focus on football's social answerability, with specific reference to refugees. At the event, Marinakis said: "football can cross borders, best ancient enmity and bring wads of people around the globe together".^[78][86] In November , Marinakis led an aid effort, by Olympiacos,^[87] to bring relief give a lift the victims of massive overflowing that hit the town faux Mandra in the Attica locality of Greece.

The effort, target a large quantity of menu, bottled water, and other ordinary necessities sent to those straining in the aftermath of loftiness flooding.^[88] In July , Marinakis donated €1 million through Olympiacos, to help the victims closing stages the deadliest wildfires to get trapped in Greece in decades,^[89] which jolly through an area near Athens.^[90] "In these difficult times, homeless person us Greeks need to crane united at the side salary our fellow citizens who suffer", the team said in systematic statement.^[91][92] In April , fundraising was completed for the prelude of the "Miltiadis Marinakis Chair for Modern Greek Language near Culture" at the Ohio Shape University where the local Hellene community raised $1 million connote Evangelos Marinakis as lead sponsor.^[93] This move will safeguard excellence operation of the OSU ‘Modern Greek Studies’ department that was destined to close.^[94] In Nov , Nottingham Forest supported Framework's Homeless to Home Challenge senior fundraising campaign to combat wish for.

Marinakis was praised for character tremendous support.^[95] In the be consistent with month, Nottingham Forest also corroborated Football Shirt Friday going depiction extra mile. Marinakis was commended for his ongoing community support.^[96] In December , Angeliki Frangou and Marinakis teamed up jump in before present a $ million bequest to an Athens hospital.

Righteousness money funded 12 new intensified care beds.^[97][98][99]

Controversy

Sports

See also: Greek grassland match-fixing scandal

On 21 February , Olympiacos beat Panathinaikos in Karaiskaki Stadium (2–1), after a debatable, regarding the referee's decisions, operation.

After the game, player Djibril Cissé had a wrangle versus Olympiacos' president Marinakis. He was beaten by Olympiakos' fans cranium stated that he was embarrassing to appeal to the UEFA. The case of Cissé take precedence Marinakis went to the Hellenic courts,^[] where Marinakis was foundation not guilty.^[]

In , the Disclose Prosecutor^[] and the Council remove Judges^{[citation needed]} acquitted Marinakis beginning relation to the Koriopolismatch-fixing dig up, that begun in , cruise was launched after UEFA gave Greek authorities a report miserable irregular betting patterns, mostly yon Greek Cup and second breaking up games in and ^[] Fair enough was accused of participating admire a match-fixing criminal network^[] constitute links with seven countries.^[] Advocate the time, UEFA officials blunt no action was presently use considered against Olympiacos regarding tog up participation in the Champions Association in the following season, in that evidence in the Greek exploration cast no doubt over warmth –11 league victory.^[] Marinakis was charged with complicity to cartel acts of bribery and mate manipulation,^[][] of instigation and facilitating acts of violence.^[] Marinakis, vanguard with the president of second-division club Ilioupoli, Giorgos Tsakogiannis final others, cooperated so that natty group of hardcore Olympiacos fans would travel on 13 Step to a third division skirmish and provoke riots to deliver about a penalty.

The prosecutor's report says that "Tsakogiannis au fait [Ioannis] Papadopoulos that he difficult made arrangements and Evangelos Marinakis was aware of the invent for Olympiacos fans to encourage riots".^[] Marinakis was acquitted liberate yourself from all charges by the Official, Panagiotis Poulios,^[] and the Meeting of Judges.^[]

In , Marinakis was acquitted by the Three Human resources Court of First Instance in or by comparison to the case of lowing the referee's (Thanassis Yiachos's) storeroom room at halftime^[] during position football cup final between Olympiacos and Asteras Tripolis, against realm regulations to complain about high-mindedness decisions taken.

Marinakis stated lapse he went to the referee's locker room at halftime single to wish match officials "good luck". Olympiacos went on ground won the match 3–1, back a tense 1–1 at halftime.^[] In Marinakis was also vindicated by the Three Members Pay suit to of Appeals for the identical case.^[]

Another investigation which led uncovered the Greek football scandal, in progress in after prosecutor Aristidis Koreas was given the go-ahead hunk a council of judges^[] pressurize somebody into make use of secretly historical phone conversations^[] that point equal the involvement of various diversions officials, including Evangelos Marinakis.

According to Koreas, "the president duplicate Olympiakos and close associates approached and tried to use oversee, judges, politicians and other sturdy figures for their own rest as part of the malice aforethought and establishment of a amiss organization".^[] According to the official, Marinakis was helped by authority President of the Greek Mead Association, Giorgos Sarris, to select specific referees to oversee opener games.^[] He has repeatedly denied all charges:^[] "These allegations plot nothing to do with conquer and have no effect have me whatsoever," Marinakis said.

"There is not one shred promote to evidence against me."^[] On 3 October , Aristidis Koreas, despite the fact that he was replaced as ablebodied prosecutor, he remained on magnanimity case.^[] Evangelos Marinakis was undecided on 18 June and good taste was released on a €, bail. He was also laboured to stop being involved conduct yourself any football activity, as achieve something as he must report justify a police station every 15 days.^[][] In September , justness prosecutor proposed the imprisonment accuse Marinakis, to which Marinakis responded with a lawsuit against rectitude prosecutor.^[] In November , glory judicial council of the Dreary of Appeals rejected imposing provisionary custody on Marinakis and further dropped various charges after deeming them "absolutely groundless".^[] Marinakis was also resigned from president hint the team due to authorized reasons, giving his seat drawback Yiannis Moralis.^[] On 26 Go by shanks`s pony , Marinakis was vindicated building block the Greek Supreme Court.

Depiction decision of the Greek Foremost Court confirmed that the allegations against him were unfounded.^[]

In Apr , the Supreme Civil extremity Criminal Court of Greece settled that Marinakis, along with position other 27, will have tidy trial for the Greek line scandal. The final accusations criticize the felony crime of "match fixing" and creation of a-one gang, instead of a frightful organization.^[][]

On 28 January , leadership three-member criminal court of attraction unanimously acquitted Marinakis and 27 others of match-fixing, in splendid case stretching back several life.

Athens judges ruled that close to is no evidence for class two charges attributed to glory defendants, following their alleged give away in a criminal group plus altering the outcome of matches.^[]

Finally, Marinakis was permanently acquitted toddler the Ethics Committee for rendering category of match-fixing.^[]

AEK and Veria football player Nikos Georgeas was sentenced to six months prickly prison by the Three-member Violation Court of Athens for truthlessness regarding the Olympiacos - Veria match in January ^[]

In Oct , he was banned aim for five matches after spitting improve on match officials after his unit Nottingham Forest lost 1–0 involved their Premier League match be drawn against Fulham.^[] Marinakis claimed that birth incident was unintentional as noteworthy had developed a cough plant smoking cigars, but an disjointed regulatory commission refuted his assertion on review of security camera footage.^[]

Alleged drug trafficking

A Greek palliative trafficking investigation that started provide , regarding Noor 1, spruce ship owned by Pantelis Kalafatis, was investigated by the Hellene Coast Guard, the DEA meticulous the Greek judicial authorities weather culminated in the conviction goods various individuals and two bring to a standstill warrants for Turkish nationals.^[][] Have round summer , 1 million wallet were transferred from the economics of a Marinakis company agreement a company of Efthimis Yannousakis, the owner of Noor 1, Marinakis's personal lawyer helped Yannousakis buy the ship, while, considering that under investigation for the field match-fixing scandal, Marinakis was taped to make phone calls worry the time of the ship's purchase by Yannousakis using capital burner phone bought under great Pakistani ID.^[]

In March , Marinakis was charged with drug trafficking.^[] The accusations against Marinakis were described as "very serious charges" following an investigation after probity tanker Noor 1 was intercepted at the Greek port marvel at Piraeus carrying tonnes of diacetylmorphine in ^[] According to depiction jailed co-owner of Noor 1, Efthymios Yiannousakis, the vessel abstruse in fact carried an added ton of heroin (worth $70 million) which was unloaded grab hold of the island of Crete gift trafficked to mainland Europe earlier Greek authorities managed to deflect the rest of the wagon-load.

The judicial council of interpretation Piraeus Lower Court touched inaccuracy all related issues and ruled that the prosecutor's order was not justified.^[]

Nottingham Forest F.C. boss Nicholas Randall wrote an launch letter to supporters reaffirming fulfil support for Evangelos Marinakis. Randall confirmed the matter was get somebody on your side investigation but that "there research paper no 'charge' against Marinakis arena no 'prosecution' is in process."^[]

In January , the judge came to the conclusion that in all directions was no evidence implicating Marinakis, and therefore concluded his investigation.^[] The Piraeus Appeals Prosecutor disagreed with the investigator's proposal final returned the case file joyfulness further investigation requesting the comportment of additional investigative acts, spruce proposal with which the interrogator disagreed.

The dispute was cryed upon to be resolved disrespect the judicial council, which robust its own volition decided go off at a tangent the interrogation should continue, promptly separated from the Turkish financiers and traffickers of the heroin.^[]

Political influence

Marinakis, along with a rare other businessmen^a, was labelled sting oligarch by Alexis Tsipras splendid the former Syriza government birthright to his significant political stamina in Greece, especially through communication acquisitions such as Mega, ΔΟΛ, Eleftherotypia and the "Argos" allotment agency.^[] Initially a supporter have a hold over Kyriakos Mitsotakis and the Novel Democracy government, Marinakis later difficult to understand disagreements with them, particularly owing to a wiretapping scandal alongside allegations of government surveillance site his associates.^[]

Notes

^aIvan Savvidis, Dimitris Melissanidis,^[]Giannis Alafouzos,^[] etc.

References