Billionaire Profile
Theo Roussis
Global Rank
#1267

Image: Public domain | via Wikimedia Commons

Theo Roussis

CEO, Ravago
BE
Real-Time Net Worth
$3.17B
As of December 2025
Age
71
Source
Plastic
Industry
manufacturing
Citizenship
BE

Biography

Theo Roussis, a prominent figure in the plastics industry, is a Belgian-Greek entrepreneur. Born in 1954, he is currently 71 years old. His career highlights include leading Ravago, a plastics recycling and distribution company, which he transformed into a global powerhouse. His net worth is estimated at $3.17 billion, primarily stemming from his involvement in the plastics industry and his ownership stake in Ravago. Roussis's leadership has been instrumental in Ravago's significant growth, with the company boasting revenues of 13 billion euros and employing 9,000 people. He is known for his discreet nature and has never given a media interview.

Wealth Over Time

In-Depth Profile

Early Life

Theo Roussis was born in Spolaïta, West Greece, on May 3, 1954. He is of Greek descent and is a citizen of Belgium. Roussis's parents were olive oil merchants. He studied biochemistry at the University of Athens and the University of Seville in Spain. It was in Madrid that he met his wife, Gunhilde Van Gorp, daughter of Ravago founder Raf Van Gorp.

Rise to Success

Roussis began his career at Synfina, an insulation division of Ravago, which was later sold. In 1993, following the death of his father-in-law Raf Van Gorp, Roussis took over the leadership of Ravago. Under his guidance, Ravago grew into a global leader in the production, recycling, and distribution of plastics. Roussis transformed Ravago from a modest plastics recycler into a global powerhouse, generating over 13 billion euros in annual revenue and employing 9,000 people.

Key Business Strategies

Key to Roussis's success has been his strategic leadership and long-standing focus on expanding Ravago's reach in the plastics recycling and distribution sector. One major strategy was the acquisition of the American company Muehlstein in 2006, which made Ravago the global number one in its field. Further expansions included the acquisition of Bamberger Polymers, an American chemical company, through the family holding company, Plastiche.

Philanthropy

Theo Roussis supports initiatives in his local community through the Innovation Fund.

Career Milestones

1993

CEO of Ravago

Assumed leadership of Ravago following the death of his father-in-law, Raf Van Gorp.

2006

Acquisition of Muehlstein

Led Ravago's acquisition of Muehlstein, making the company the global leader in plastics recycling.

2018

Acquisition of Bamberger Polymers

Overseeing the acquisition of Bamberger Polymers through family holding Plastiche.

2023

Stepped down as CEO of Ravago

His son Axel took over the CEO position.

Philanthropy & Social Impact

Community Support

Innovation Fund

Undisclosed

Supports initiatives in the local community.