Word: niarchoses
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Niarchos put up $250,000 to keep it intact for the Louvre. On his visits to Greece, Niarchos hands out gold sovereigns on the streets of Athens like a rich man's John D. Rockefeller. Some of his more offhand gestures have included chartering a steamship for a royalty...
Million-Dollar Answers. The Creole is more than a princely pleasure barge; it is also the flagship from which Niarchos directs the far-flung fleet of 48 merchantmen that carry his initial, a sprawling N, on their smokestacks. Each morning last week, while his guests still lay abed, Niarchos settled...
stack of overnight cables, dictated answers involving millions of dollars. One day last week, in a radio message to his London office. Niarchos approved final specifications for a new 32,650-ton tanker (cost: more than $10 million).
Even without this addition, there is no doubt that Niarchos has more ships afloat and abuilding than any private shipowner in the world. When the 28 new ships under construction are completed, Niarchos' fleet will total 1,976,779 deadweight tons,* five times the size of the French navy...
In the early postwar years, Niarchos saw the bright future of international trade and plunged into shipping with every drachma he could scrape together while most shipowners were battening hatches to ride out an expected slump. In ten years. Niarchos has not only built his fleet-and a fortune estimated...