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CEOWORLD magazine - Latest - Stats Gate - Richest People In Cyprus For 2019: Who Are Cyprus’s Top Billionaires?

Stats Gate

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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CEOWORLD magazine - Latest - Stats Gate - Richest People In Cyprus For 2019: Who Are Cyprus’s Top Billionaires?
Sophie Ireland
Sophie is currently serving as a Senior Economist at CEOWORLD magazine's Global Unit. She started her career as a Young Professional at CEOWORLD magazine in 2010 and has since worked as an economist in three different regions, namely Latin America and the Caribbean, Africa, East Asia, and the Pacific. Her research interests primarily revolve around the topics of economic growth, labor policy, migration, inequality, and demographics. In her current role, she is responsible for monitoring macroeconomic conditions and working on subjects related to macroeconomics, fiscal policy, international trade, and finance. Prior to this, she worked with multiple local and global financial institutions, gaining extensive experience in the fields of economic research and financial analysis.


Follow her on Twitter, Facebook, Instagram, or connect on LinkedIn. Email her at sophie@ceoworld.biz.