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

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 Ma...
Posted: May 6, 2015, 9:27 pm

Art World Power Players Gather for Preview of Basquiat Exhibit in Paris

Philip Niarchos and Dimitri Mavrommatis, who lent their works for the exhibition. “Of course, the best one here is mine. Did you see it? It’s the first one when you come in,” said Peter Marino as he p...
Posted: October 3, 2018, 11:57 am

Greek shipowners talk up their role to protect tax breaks

Other big names such as Philip Niarchos and Spiro Latsis live in Switzerland, filings in the UK and Switzerland show. They declined to comment on their residence. Such a globalized structure is common ...
Posted: November 26, 2015, 10:15 am
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