Billionaire Profile
Andreas Martinos & family
Global Rank
#2169

Image: Public domain | via Wikimedia Commons

Andreas Martinos & family

CEO, Minerva Marine
GR
Real-Time Net Worth
$1.75B
As of December 2025
Age
70
Source
Shipping
Industry
logistics
Citizenship
GR

Biography

Andreas Martinos, a Greek shipping magnate, and his family have built a significant fortune in the maritime industry. With a net worth of $1.75 billion, Martinos is a prominent figure in global shipping, operating through his company, Minerva Marine. He founded Minerva Marine in 1998 after splitting from the family shipping company Thenamaris. Martinos's career in shipping began in the 1970s, and he has since built a large fleet of vessels. His leadership has positioned Minerva Marine as a key player in the global shipping market, and the family collectively owns one of the largest shipping fleets in Greece. Minerva Marine focuses on the transportation of crude oil, product carriers, and dry cargo vessels, maintaining high standards of safety and environmental sustainability.

Wealth Over Time

In-Depth Profile

Early Life

Andreas Martinos comes from a prominent Greek shipping family. His father, John Martinos, owned an antique shop. Andreas, along with his brothers Constantinos and Athanasios, inherited the foundations of their maritime empire from their mother, Athina Martinou.

Rise to Success

In 1971, the family founded Thenamaris Ships Management. Andreas co-founded the company with his mother and brothers in 1972. In 1998, he founded Minerva Marine after splitting from Thenamaris. Collectively, Andreas and his brothers own the largest shipping fleet in Greece, the largest shipowning nation in the world. Minerva Marine is now run by his son, also named Andreas.

Key Business Strategies

Minerva Marine focuses on the transportation of crude oil, product carriers, and dry cargo vessels, maintaining high standards of safety and environmental sustainability. Minerva Marine has expanded its operations to include MRs to VLCCs (Chemical Product and crude oil carriers). The company continues to engage in new business partnerships, keeping customer's ever-changing needs at the forefront.

Philanthropy

Beyond his success in shipping, Martinos is actively involved in various philanthropic initiatives. He supports causes related to education, healthcare, and community development in Greece and beyond.

Career Milestones

1972

Co-founded Thenamaris Ships Management

Co-founded the family shipping company.

1998

Founded Minerva Marine

Founded his own shipping company, Minerva Marine, after splitting from Thenamaris.

Philanthropy & Social Impact

Child Welfare

Together for Children

Undisclosed

Supports child protection associations in Greece.

Philanthropy

Athanasios & Marina Martinos Welfare Foundation

Undisclosed

Supports society in sectors such as Health, Education, Sport, Social Solidarity, Religion and Culture.

Controversies & Challenges

2025

Russian Oil Trading

Minerva Marine has been linked to trading Russian oil using Maltese-flagged ships.