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Stelios

Sir Stelios Haji-Ioannou:
Official Biography

Stelios is best known for founding easyJet in 1995 when he was just 28. The budget airline is now widely acknowledged as having revolutionised European air travel, flying over 60 million passengers every year. In 2000 he floated the company on the London Stock Exchange - he and his family have since remained its largest shareholders with a near 35% stake. (easyJet is now a member of the prestigious FTSE-100 index, making it one of the largest UK public companies by market value.)

Stelios keeps the ownership of the "easy" brand, (including easyJet) in his private investment company, easyGroup, based in Monaco and London. He has since extended the brand to other sectors - all dedicated to offering consumers more value for less. These include: easyBus, easyCar, easyOffice and easyGym - all contributing a royalty income stream to easyGroup.

Other companies include easyHotel, which was floated on the London Stock Exchange in 2014 and the online estate agency, easyProperty, which raised nearly £10m from a mixture of crowdfunding and other investment sources. Stelios also owns approximately 10% of Fastjet, the Tanzanian-based budget airline with plans to spread low-cost travel across sub-Saharan Africa. (Details at www.easy.com).

Prior to founding the airline, Stelios set up the Stelmar shipping company in 1992 - with financial help from his late father Loucas - himself a self-made shipping tycoon. Stelmar was floated on the New York Stock Exchange in 2001 and subsequently sold to a rival in 2005 for four times the initial share price.

In 2006, at the age of 39, Stelios received a knighthood from HM Queen Elizabeth II for services to entrepreneurship. Since 2009 he has been the Honorary General Consul for the Republic of Cyprus in the Principality of Monaco. He is a graduate of the London School of Economics and has a masters degree from the City University in London.

In the last eight years the Stelios Philanthropic Foundation, now a registered charity in both Monaco and the UK, has shown his dedication to giving back to society by launching a number of charitable initiatives supporting entrepreneurship, education and the environment in the UK, Greece and Cyprus. Here the financial crisis currently facing the island has prompted Stelios to set up "food from the heart" - a charitable initiative giving a free lunchtime snack to the needy in Limassol and Nicosia with a similar project now underway in Athens.

Stelios is also planning to open a Bi-communal cafe in Nicosia as part of the Stelios awards campaign to bring together entrepreneurs from the island's Greek Cypriot and Turkish Cypriot communities.

Stelios was born in Athens on the 14th of February, 1967 and lives in Monaco.

 

Corporate Background

 

easyGroup

easy.com

easyGroup, founded in 1998, is the private investment vehicle owned by Stelios that manages the 'easy' brand and launches new businesses.


Stelmar Shipping

Stelmar Shipping

Stelmar Shipping was Stelios' first company which successfully floated on the New York Stock Exchange in 2001.


© 2011 Stelios Philanthropic Foundation. All rights reserved.