_meet-the-greek-shipping-billionaires-getting-rich-off-russian-oil.jpg "Meet The Greek Shipping Billionaires Getting Rich Off Russian Oil from chipettes put your records on es quillestes Video Screenshot Preview")
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⏲ Duration: 17:15
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✓ Published: 16-May-2024
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✓ Published: 16-May-2024
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Sanctions after the invasion of Ukraine sent tanker values soaring, boosting the fortunes of these Greek maritime moguls to record highs and minting at least seven new 10-figure fortunes.<br/><br/>Forbes estimates there are now at least 12 shipping billionaires in Greece, more than at any other time in history. Seven of them are making their debut in Forbes’ billionaire ranks. They are worth a collective $32 billion—the equivalent of roughly 12% of the country’s gross domestic product.<br/><br/>These tycoons are the latest in a line of swashbuckling pioneers hailing back to iconic figures like Aristotle Onassis and Stavros Niarchos, who launched the global oil tanker trade after World War II and became famous for their glamorous marriages and lifestyles. This newer group has been in shipping for decades but kept a lower profile. (Despite their success, none would speak to Forbes, while their representatives either declined to comment or did not respond.)<br/><br/>Read the full story on Forbes: https://www.forbes.com/sites/giacomotognini/2024/05/13/meet-the-greek-shipping-billionaires-getting-rich-off-russian-oil/?sh=6323b9ce74f1<br/><br/>0:00 Introduction<br/>0:24 Greece's Presence In The Shipping Industry<br/>2:46 How Has Greece Made So Much Revenue With Shipping<br/>6:59 How Onassis and Niarchos Reached 10 Figure Status<br/>12:44 Tax Sanctions And Where It Applies In Greece<br/>15:20 How Long Will Greece's Shipping Boom Last<br/><br/>Subscribe to FORBES: https://www.youtube.com/user/Forbes?sub_confirmation=1<br/><br/>Fuel your success with Forbes. Gain unlimited access to premium journalism, including breaking news, groundbreaking in-depth reported stories, daily digests and more. Plus, members get a front-row seat at members-only events with leading thinkers and doers, access to premium video that can help you get ahead, an ad-light experience, early access to select products including NFT drops and more:<br/><br/>https://account.forbes.com/membership/?utm_source=youtube&utm_medium=display&utm_campaign=growth_non-sub_paid_subscribe_ytdescript<br/><br/>Stay Connected<br/>Forbes newsletters: https://newsletters.editorial.forbes.com<br/>Forbes on Facebook: http://fb.com/forbes<br/>Forbes Video on Twitter: http://www.twitter.com/forbes<br/>Forbes Video on Instagram: http://instagram.com/forbes<br/>More From Forbes:http://forbes.com<br/><br/>Forbes covers the intersection of entrepreneurship, wealth, technology, business and lifestyle with a focus on people and success.
Sanctions after the invasion of Ukraine sent tanker values soaring, boosting the fortunes of these Greek maritime moguls to record highs and minting at least seven new 10-figure fortunes.<br/><br/>Forbes estimates there are now at least 12 shipping billionaires in Greece, more than at any other time in history. Seven of them are making their debut in Forbes’ billionaire ranks. They are worth a collective $32 billion—the equivalent of roughly 12% of the country’s gross domestic product.<br/><br/>These tycoons are the latest in a line of swashbuckling pioneers hailing back to iconic figures like Aristotle Onassis and Stavros Niarchos, who launched the global oil tanker trade after World War II and became famous for their glamorous marriages and lifestyles. This newer group has been in shipping for decades but kept a lower profile. (Despite their success, none would speak to Forbes, while their representatives either declined to comment or did not respond.)<br/><br/>Read the full story on Forbes: https://www.forbes.com/sites/giacomotognini/2024/05/13/meet-the-greek-shipping-billionaires-getting-rich-off-russian-oil/?sh=6323b9ce74f1<br/><br/>0:00 Introduction<br/>0:24 Greece's Presence In The Shipping Industry<br/>2:46 How Has Greece Made So Much Revenue With Shipping<br/>6:59 How Onassis and Niarchos Reached 10 Figure Status<br/>12:44 Tax Sanctions And Where It Applies In Greece<br/>15:20 How Long Will Greece's Shipping Boom Last<br/><br/>Subscribe to FORBES: https://www.youtube.com/user/Forbes?sub_confirmation=1<br/><br/>Fuel your success with Forbes. Gain unlimited access to premium journalism, including breaking news, groundbreaking in-depth reported stories, daily digests and more. Plus, members get a front-row seat at members-only events with leading thinkers and doers, access to premium video that can help you get ahead, an ad-light experience, early access to select products including NFT drops and more:<br/><br/>https://account.forbes.com/membership/?utm_source=youtube&utm_medium=display&utm_campaign=growth_non-sub_paid_subscribe_ytdescript<br/><br/>Stay Connected<br/>Forbes newsletters: https://newsletters.editorial.forbes.com<br/>Forbes on Facebook: http://fb.com/forbes<br/>Forbes Video on Twitter: http://www.twitter.com/forbes<br/>Forbes Video on Instagram: http://instagram.com/forbes<br/>More From Forbes:http://forbes.com<br/><br/>Forbes covers the intersection of entrepreneurship, wealth, technology, business and lifestyle with a focus on people and success.
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_mulching-tips-for-your-gardening-hobby.webp "Mulching Tips , for Your Gardening Hobby.<br/>Adding mulch to a garden has a variety of benefits, from maintaining moisture levels to keeping the weeds out.<br/>Perhaps most importantly, mulch can make the soil of your garden better.<br/>Mulch plays a big part in <br/>growing better soils, Dr. William C. Fonteno, North Carolina <br/>State University, via 'The New York Times'.<br/>Mulching is a way to continue that <br/>process on a natural scale, Dr. William C. Fonteno, North Carolina <br/>State University, via 'The New York Times'.<br/>Experts say that mulching is a way to recreate the natural and slower soiling processes that occur in forests.<br/>In a forest, there’s no big heap, just a layer of an inch or two or three, breaking down and returning to the system, Dr. William C. Fonteno, North Carolina <br/>State University, via 'The New York Times'.<br/>With mulching, it's good to think in the long term and to trust that the process will continually improve your garden over the span of several cycles.<br/>Every year that you are adding mulch, you are creating additional soil, and your soil will be better, Dr. William C. Fonteno, North Carolina <br/>State University, via 'The New York Times'.<br/>Most people don’t want to put down something that breaks down quickly, because you have to do it again and again, Dr. William C. Fonteno, North Carolina <br/>State University, via 'The New York Times'.<br/>But if you take the attitude that you’re growing the soil, maybe you’ll think differently. It’s hard for soil microbes to chew on <br/>big chips, Dr. William C. Fonteno, North Carolina <br/>State University, via 'The New York Times'.<br/>Therefore, mulch should be applied sparingly and practically rather than in heaping piles or decoratively.<br/>Horticulturists say that the ingredients of a good organic mulch can include leaves, the leftovers of cut grass, straw and even wood chips and bark.<br/>Grass and leaves will decompose quickly, whereas bits of wood mulch will take longer.<br/>Bits of mulch that take longer to decompose allow your soil to maintain proper nitrogen levels, which is beneficial if you don't wish to add fertilizer")
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