Background
He is often confused with distant relative George S. Livanos, the sole son of Stavros G. Livanos, a legend in Greek shipping.
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George Livanos
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Following World World War II, Livanos served in the United States. occupying army in Japan. He received a degree in economics from the University of Athens in 1946. In 1949, he founded his own company, Ceres Hellenic Shipping Enterprises.
Shortly after, he inherited his father"s 30-ship fleet, which included the world"s five largest supertankers.
Livanos managed his business from Lausanne. With over 100 ships, his fleet was the largest merchant navy in Greece.
He also created a shipping company between the Greek Isles, and was involved in the protection of ocean and coastal waters. Diversifying in latter years, he invested in real estate, and in banking with Basil Goulandris, another Lausanne-based Greek shipowner.
In 1994, Livanos" fortune was an estimated 3 billion dollars.
