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Richest People In Cyprus For 2019: Who Are Cyprus’s Top Billionaires?

With an estimated net worth of $11.3 billion, Norwegian-born oil tanker and shipping magnate John Fredriksen is the wealthiest person in Cyprus, that’s according to CEOWORLD magazine’s Cyprus Rich List Index For 2019. Yakir Gabay is second on the list with $3.6 billion. According to the financial publication’s annual listing, 2019 saw the total wealth of the top 7 richest Cypriot hits a new record high of $21.7 billion.

Suat Gunsel holds the third spot with a whopping net worth of $1.8 billion, followed by Surendra Hiranandani ($1.3 billion), Stelios Haji-Ioannou ($1.3 billion), Clelia Haji-Ioannou ($1.2 billion), and Polys Haji-Ioannou ($1.2 billion). Real estate tycoon Surendra Hiranandani (No. 4) has Indian origins, being the brother of Mumbai-based billionaire, Indian property tycoon Niranjan Hiranandani ($1.3 billion). Surendra Hiranandani, 63, along with his elder brother Niranjan, turned their real estate company into one of the largest in India and developed Mumbai’s Powai into a thriving residential area.

Several Cypriot billionaires have opted for dual citizenship, for example, Stelios Haji-Ioannou, owner of the low-cost airline EasyJet, is estimated by CEOWORLD magazine to have a wealth of $1.3 billion, but his residence in Monaco, while his shipowner brother Polys Haji-Ioannou fortune is estimated at $1.2 billion. He, too, is a Cypriot but with residency in Monaco.

Their sister, Clelia Haji-Ioannou, has a fortune of $1.2 billion and like her siblings is a Cypriot with residency in Monaco.

Cypriot Billionaires: Richest people in Cyprus For 2019

  1. John Fredriksen: $11.3 billion
  2. Yakir Gabay: $3.6 billion
  3. Suat Gunsel: $1.8 billion
  4. Surendra Hiranandani: $1.3 billion
  5. Stelios Haji-Ioannou: $1.3 billion
  6. Polys Haji-Ioannou: $1.2 billion
  7. Clelia Haji-Ioannou: $1.2 billion

Richest People In Cyprus For 2019

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Sophie Ireland
Sophie is the Research Editor at CEOWORLD magazine. She is based in the company’s New York office. Sophie has worked as a reputation advisor to nearly 250 global CEOs, 3,200 other C-Suite executives, and high net worth individuals for over 9 years. She joined CEOWORLD magazine as a Research Analyst, conducting comprehensive research using both open-source intelligence and premium resources, as well as enhanced due diligence, compliance, and risk assessment, and financial analysis and complex valuations. As a nonpartisan consultant to global business executives, business leaders, and think tanks, she focuses on economics and public policy issues. Her passion is explaining complex economic issues for the layman. She can be reached on email