John Catsimatidis’s profile picture

John Catsimatidis

John Catsimatidis’s profile picture
Net worth 2018: $3.11 Billion
Industry: Energy
Residence: New York, New York
Country: United States
BirthDay: 7 September 1948
Sigh: Libra
Children: 2
Education: Drop Out, New York University
BIOGRAPHY

John Catsimatidis was bornon 7 September 1948 in New York, New York, United States. John Catsimatidis is #761 in List Billionaires People In The World. John Catsimatidis is best known as the owner of New York City supermarket chain Gristedes. He also owns oil refinery United Refining in Pennsylvania, which he bought out of bankruptcy, and real estate in New York and beyond. He moved with his family from Greece to New York when he was an infant and grew up in an apartment in Harlem. He worked as a grocery clerk while attending New York University but dropped out for a chance to own a piece of the shop where he worked. He opened his own grocery store in 1969 and had 10 Red Apple stores by age 25.

NET WORTH STATISTIC
2009

$1.65 Billion

2010

$1.7 Billion

2011

$2 Billion

2012

$3 Billion

2013

$3.1 Billion

2014

$2.3 Billion

2015

$3.4 Billion

2016

$3.3 Billion

2017

$3.3 Billion

2018

$3.11 Billion

TIMELINE
2015

In the 2015 Forbes 400 "richest people in America" list, Catsimatidis ranked 182nd, with a personal net worth estimated at $3

2013

Catsimatidis could have chosen to contest the general election on two other ballot lines (that of the Liberal Party of New York and another third-party line he created in summer 2013), but two days after his primary, he announced that he would withdraw from the race

2012

At campaign events in April, Catsimatidis claimed that he could have beaten Barack Obama in the 2012 presidential election and got into a contentious exchange with various Republican audience members, telling one to "go bullshit yourself if you want!" A spokesman for the Lhota campaign stated that "anyone running for mayor should be able to offer substantive ideas and solutions to our city's problems without engaging in irrational and antagonistic exchanges with voters

2011

Andrea graduated from New York University, and married Christopher Cox, grandson of former President Richard Nixon, on June 4, 2011, at the Greek Orthodox Archdiocesan Cathedral of the Holy Trinity, "before a church packed with family members and political powerhouses," including Hillary Clinton, Henry Kissinger, Rudolph Giuliani, Charles Schumer, Ray Kelly, and Robert M

2009

The exploratory committee was officially shut down in May 2009

2008

Senator John McCain of Arizona was not invited, although Cox had worked on his 2008 presidential campaign, because McCain did not endorse Cox when he later ran (unsuccessfully) for Congress

2007

In May 2007, he was reported to be "systematically wooing local Republicans," attending various Republican fundraisers in Queens and Staten Island and stating that he would "probably have a press conference" to announce his intentions "sooner rather than later" and would consider spending between $30 million and $40 million if he ran

2006

Catsimatidis put on a fundraiser in 2006 with Michael Bloomberg for Senator Joe Lieberman of Connecticut to support his third party run as an independent after he lost the Democratic primary nomination for reelection to the Senate

1992

In the 1992 Democratic presidential primaries, Catsimatidis contributed $150,000 to the campaign of fellow Greek American Paul Tsongas

1989

"On May 13, the New York Post ran a story on Catsimatidis' comment in a 1989 Crain's New York Business profile in which he stated "I'm a Manhattanite

1988

Catsimatidis funds the John Catsimatidis Scholarship Fund at the New York University Stern School of Business, which has since 1988 awarded two scholarships each year

1987

Shortly thereafter, he purchased another grocery store on 87th street just west of Broadway, naming it Red Apple

1981

"By the summer of 1981, Red Apple had 27 stores in the Bronx and Manhattan, with annual sales of around $40 million

1972

Margo met Catsimatidis when she was his secretary beginning in 1972

1971

In 1971, Catsimatidis opened his first store, at Broadway and 99th Street

1966

Catsimatidis graduated from Brooklyn Technical High School in 1966

1964

Catsimatidis's economic proposals include a revival of the 1964 New York World's Fair

1948

John Catsimatidis was born on the Greek island of Nisyros on September 7, 1948

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