As at 16th of September 2016
Stelios is best known for creating easyJet in 1995 when he was just 28 years old. The budget airline is now widely acknowledged as having revolutionised European air travel, flying over 70 million passengers per year with a fleet of more than 260 aircraft. In 2000 he floated the company on the London Stock Exchange - he and his family have since remained its largest shareholders with a 33% stake. (easyJet is now a member of the prestigious FTSE-100 index, making it one of the largest UK public companies by market value.)
Stelios keeps the ownership of the ‘easy’ brand, (including easyJet) in his private investment company, easyGroup, based in Monaco and London. He has since nurtured and extended the easy brand to many other sectors - all dedicated to offering consumers more value for less. These include: easyBus , easyCar, easyProperty, easyOffice , easyFoodstore and easyGym - all contributing a royalty income stream to easyGroup. Other companies that Stelios has created include two more listed companies: easyHotel, which was floated on the London Stock Exchange in 2014 and Fastjet, the Tanzanian-based budget airline listed on AIM in London (Details at www.easy.com)
Prior to founding the airline, Stelios set up the Stelmar shipping company in 1992 when he was 25 years old - with financial help from his late father Loucas - himself a self-made shipping tycoon. Stelmar was floated on the New York Stock Exchange in 2001 and subsequently sold to a rival in 2005 for four times the initial share price.
In 2006, at the age of 39, Stelios received a knighthood from HM Queen Elizabeth II for services to entrepreneurship. Since 2009 he has been the Honorary General Consul for the Republic of Cyprus in the Principality of Monaco. He is a graduate of the London School of Economics and has a masters degree from the City University in London.
In the last ten years the Stelios Philanthropic Foundation, now a registered charity in both Monaco and the UK, has shown his dedication to giving back to society by launching a number of charitable initiatives supporting entrepreneurship, education and the environment in the UK, Greece and Cyprus. The financial crisis currently facing his country of origin has prompted Stelios to set up “food from the heart” - a charitable initiative giving a free snack to the needy in Greece and Cyprus. Currently more than 20,000 snacks are distributed each working day.
Stelios is also working via his foundation to bring together entrepreneurs from the island’s Greek Cypriot and Turkish Cypriot communities in order to establish lasting peace on the island of Cyprus.
For more details see www.stelios.org
Stelios was born in Athens on the 14th of February, 1967 and lives in Monaco.