Philip Niarchos Net Worth is$2.6 Billion
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Date of Birth: 1954
Philip Niarchos net worth: Philip Niarchos is a Greek shipping heir who has a net worth of $2.6 billion. Keeping his life under wraps, little is known about Philip Niarchos, the eldest son of the Greek shipping magnate Stavros Niarchos aka "The Golden Greek." Born to multi-billionaire father, Philip, alongside his younger brother, Spyros, serves as Co-President and member of the Board of Directors at the Stavros Niarchos Foundation. Among other things, Niarchos inherited his late father's art collection. Late Stavros Niarchos' art legacy included such trophies as Pablo Picasso's self-portrait "Yo, Picasso," to which Philip added Vincent van Gogh's "Self-Portrait with a Bandaged Ear," Jean-Michel Basquiat's "Self-Portrait" and Andy Warhol's "Shot Red Marilyn." Furthermore, he is a board member of Trustees at the Museum of Modern Art in New York City, as well as an International Council Member of London's Tate Gallery.
Philip Niarchos (alternately: Philippos or Philippe) was born in 1954, the eldest son of the Greek shipping magnate Stavros Niarchos (1909???1996) and Eugenia Livanos (1926???1970), herself the elder daughter of Stavros Niarchos' rival Stavros G. Livanos (1891???1963).
Philip Niarchos was reported to be 54 in 2008 when The Sunday Times estimated his net worth at GBP 850 million, or about $1.687 billion US at that exchange rate of that time. Alongside his younger brother, Spyros, Niarchos is Co-President and member of the Board of Directors at the Stavros Niarchos Foundation. He is also a member of the Board of Trustees at the Museum of Modern Art in New York City. He is an International Council Member of London's Tate Gallery.
Philip Niarchos owns his late father's art collection. The late Stavros Niarchos amassed one of the "most important collections of Impressionist and modern art in private hands." Among the collection's trophies are Pablo Picasso's self-portrait Yo, Picasso, which the father had bought in 1989 for $47,850,000.
Philip Niarchos has made plenty of additions to his father's legacy. He was suspected as being the anonymous buyer of Vincent van Gogh's "Self-Portrait," at a November 1998 Christie's auction; it sold for $71.5 million. He was certainly at the auction and was revealed as the anonymous buyer of Jean-Michel Basquiat's 1982 Self-Portrait, which closed at $3.3 million., In 1994, he bought Andy Warhol's Red Marilyn, at Christie's for $3.63 million.Andy Warhol's skull portraits are from Niarchos' CAT scan. Warhol completed these works in 1985, using silkscreens made from CAT-scan films of the skull of Philip Niarchos, who commissioned the artist to paint his portrait. Niarchos is mentioned throughout The Andy Warhol Diaries. Warhol shares details of the dysfunctional relationship Niarchos had with the divorced and widowed socialite Barbara (n?(C)e Tanner) de Kwiatkowski. Her married name was Barbara Allen at the time of her relationshi

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Philip Niarchos Latest News

A "centrepiece of the whole of 20th-century art": rediscovered Francis Bacon piece to be auctioned at Christie's

The buyer was thought to be shipping heir, Philip Niarchos. The rediscovered painting measures just 26 by 20 inches, which accounts for the lower £10 million estimate, but is rare - one of only two known Papal paintings of that size. And, while most of ...
Posted: September 4, 2017, 10:28 am

Stavros Niarchos III

Stavros Niarchos III (born April 17, 1985) is a professional kiteboarder and the first of four children of Philip and Victoria Niarchos. He was born in New York City and grew up in Paris, France. Born to a Greek Orthodox family, Niarchos father ...
Posted: November 13, 2009, 10:00 am

Two cars belonging to former Rolling Stones bassist are expected to fetch £65k at auction

"It was so easy to drive," Wyman said of the Maserati. "I'd drive to Monte Carlo to hang out with Ringo and Spiros and Philip Niarchos of the Greek shipping family. "I drove it to Spain too. And to Marseilles, Portofino in Italy, and back to England a few ...
Posted: May 6, 2015, 9:27 pm
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