Six Greek-Americans are among this year’s “400 The Richest People in America,” as published by Forbes Magazine. The article demonstrates that despite the economic crisis in the US and throughout the world, the wealth of the rich Americans has been increased by 12 percent, and that 70 percent of the 400 on the list – including 100 percent of the Greeks – are self-made billionaires.
Among Greek-Americans, George Fideias-Mitchell holds the highest rank at number 188 rankself-made billionaire, started Mitchell Energy & Development in 1946, sold to Devon Energy in 2001 for $3.5 billion. He hit it big in north Texas gas fields. Longtime environmentalist opposed oil drilling in Alaska wildlife refuge, funded $10 million National Academies study on sustainable development and population growth. Donated $1.2 million to Texas A&M University to fund Giant Magellan Telescope.;
followed by John Catsimatidis is the owner, president, chairman, and CEO of the Red Apple Group and Gristedes Foods. He is also the chairman and CEO of the Red Apple Group subsidiary United Refining Company.