Nikos Fragos

Captain Nikos Fragos established Good Faith Shipping Co. in 1966 in the island of Khlos along with his friend Nikos Munderas and during the turn of the century, it became one of Greece’s largest shipping companies. His daughter, Angeliki Frangou heads the American company Navios Maritime Holdings and is one of the most powerful women in the shipping industry. His family owns shares in one of Greece’s largest IT companies, Singular Logistics and one of the largest food companies, Vivartia which is part of MIG. All this puts Nikos Fragos at an approximate worth of $192 million.

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