Stelios Ioannou

January 9, 2024
Industrialist

Quick Facts

Stelios Ioannou
Full Name Stelios Ioannou
Occupation Industrialist
Date Of Birth Jan 30, 1915(1915-01-30)
Age 109
Birthplace Pano Lefkara
Country Cyprus
Horoscope Capricorn

Stelios Ioannou Biography

Name Stelios Ioannou
Birthday Jan 30
Birth Year 1915
Place Of Birth Pano Lefkara
Birth Country Cyprus
Birth Sign Capricorn

Stelios Ioannou is one of the most popular and richest Industrialist who was born on January 30, 1915 in Pano Lefkara, Cyprus. Stelios Joannou Ioannou (Greek: Stelios Ioannou 30 January 1915 – 8 May 1999) was a well-known Cypriot Industrialist, philanthropist and industrialist. He was one of the co-founders of the powerful Joannou & Paraskevaides construction firm that is known as its brand name, J&P.

The Christos Stelios Ioannou Foundation was established in 1983 to assist in the rehabilitation, care, and training and social integration of those who have learning disabilities. The foundation was enhanced through a contribution to the establishment by 1988 the Mental Retardation Prevention Center, later named as the Center for Preventive Paediatrics in 2002. The foundation also made funding for the running of St Christopher Home (1998) and the Integrated Residential Units (EOM) which provide care to adults with disabilities in learning who are not receiving the opportunity to receive home care. These efforts in addition to the leadership role played by Stelios as well as Ellie Joannou in the introduction and creation of the Special Olympics Institution in Cyprus greatly contributed to getting rid of the stigma associated to people with disabilities as well as their family members.

Stelios Joannou was named the first president and major benefactor of the Lions Care for Youth Foundation (ΛΙΑΑΠ) and was also the first and major benefactor of the Agia Skepi Therapeutic Community (1998), which assists substance abusers undergoing detoxification. The foundation of a research centre for Classical and Byzantine Studies at the University of Oxford was envisioned by Ellie Joannou (Ioannou) and was financed by herself and her children in memory of Stelios Joannou. In 2007, the University honoured him by naming the centre the Stelios Ioannou School for Research in Classical and Byzantine Studies.

Stelios Joannou passed away at the age of 84 on 8 May 1999 at the Nicosia General Hospital, where he had undergone surgery for an aortic aneurysm. The funeral was conducted by the Archbishop of Cyprus, Chrysostomos I, at the Church of Our Lady Pallouriotissa, Nicosia, on 10 May 1999. Many ambassadors, government ministers, parliamentarians, leaders and representatives of political parties and unions, entrepreneurs, friends and relatives were in attendance, as well as a large crowd of people who had benefitted from Ioannou’s charity. The coffin was draped with the Greek flag, and the eulogy was delivered by Glafcos Clerides, then President of the Republic of Cyprus and a friend of Joannou.

A true humanist, who displayed an outstanding understanding of literature and the arts, Ellie Joannou (Ioannou) received numerous awards for her work by organizations such as The Red Cross and Stasinos, the Association of Greek Philologists of Cyprus (1981). After the passing of Stelios Joannou, she pushed the common cause of both organizations and worked to achieve the realization of many of their dreams that her husband could not attain, the particularly the creation of the magnificent Library and Learning Resource Centre at the University of Cyprus. It was her first winner of the Woman of the Year Award in Cyprus (2005).

Stelios Ioannou Net Worth

Net Worth $5 Million
Source Of Income Industrialist
House Living in own house.

Stelios Ioannou is one of the richest Industrialist from Cyprus. According to our analysis, Wikipedia, Forbes & Business Insider, Stelios Ioannou 's net worth $5 Million. (Last Update: December 11, 2023)

In 1938, he got wed Ellie Mousoulou (Karavas, Kyrenia, Cyprus, 29 December 1919 – Nicosia, Cyprus, 26 June 2010) is the mother of Sophocles and Evridiki Mousoulou, and the younger sister of the prominent academic Loukas Mousoulou, and successful businessman Leonidas Mousoulou. Stelios along with Ellie Joannou (Ioannou) had three children: Leonidas (Dakis), Sylvia and Christos and they set out on a long and successful career as philanthropists. Their charitable efforts grew after the loss of their daughter, Christos, in a crash in 1971 when he was 26 years old. Despite his global business success, Ioannou never forgot his roots. Affirmly committed to the best interests of his country and his country, Ioannou was a huge donor to Cyprus through his charitable work and business ventures.

In 1941, aged 26 years old, Stelios Joannou entered into a partnership with the engineer-architect George Paraskevaides and was responsible for the administration of finances and management of the company. At first, they were involved in the implementation of defensive military work to safeguard Cyprus against German as well as Italian air strikes throughout World War II. Then, in 1961 they founded J&P Construction Company. J&P construction firm, through that they expanded operations beyond the shores of the island and established Cyprus on the global business map.

To this day, Joannou & Paraskevaides continues its successful international course in construction projects. Its Greek subsidiary, J&P Hellas S.A., has been active since 1993, initially as Zeus A.T.E. and later renamed J&P Hellas A.T.E. Following a merger with AVAX S.A., the current, well-known construction company J&P–AVAX S.A. was formed.

Height, Weight & Body Measurements

Stelios Ioannou height Not available right now. Stelios weight Not Known & body measurements will update soon.

Who is Stelios Ioannou Dating?

According to our records, Stelios Ioannou is possibily single & has not been previously engaged. As of December 1, 2023, Stelios Ioannou’s is not dating anyone.

Relationships Record : We have no records of past relationships for Stelios Ioannou. You may help us to build the dating records for Stelios Ioannou!

J&P’s projects in the greater Middle East region were crucial for the recovery of the Cypriot economy, which had collapsed in the wake of the Turkish invasion of 1974, by providing work for thousands of unemployed Cypriots. Economic recovery was also furthered by Ioannou’s instrumental and decisive company policy initiative whereby recruitment of any employee was conditional on accepting payment of two thirds of their salary in Cyprus instead of in the foreign countries where the company was active. In this way, substantial transfers of necessary capital were funnelled back into Cyprus, invigorating the ruined economy of the island.

Facts & Trivia

Stelios Ranked on the list of most popular Industrialist. Also ranked in the elit list of famous people born in Cyprus. Stelios Ioannou celebrates birthday on January 30 of every year.

What happened to Stelios from EasyJet?

EasyJet founder Sir Stelios Haji-Ioannou has lost his control over his budget airline , after the company raised £1.2 billion in extra cash. Sir Stelios’ blocking stake is now diluted after he chose not to purchase new shares in a rights issue following a takeover swoop by low-cost rival Wizz Air.

Who was the founder of Easy Jet?

Stelios Haji-Ioannou

Who owns EasyJet now?

EasyGroup

Is Stelios a billionaire?

Sir Stelios Haji-Ioannou, the founder of low-cost airline easyJet and a former billionaire , has been criticised for his offer to pay a “reward” for internal information from staff that leads to a cancellation of a $5.5 billion Airbus order.

What is Stelios Haji Ioannou worth?

1.1 billion USD (2022)

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