Vardis Vardinoyannis, Greek business magnate and Kennedy family friend, dies at 90

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Kyriakos Mitsotakis,Business

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His death was announced by Motor Oil Hellas, the petroleum company Vardinoyannis transformed into one of Greece’s largest corporations.Born on the island of Crete, the fifth of eight children, Vardinoyannis embodied the archetype of the Greek shipping magnate who became a powerbroker at the head of one of the country’s most influential families.

Vardinoyannis joined the family business in the early 1970s, and began building an extensive network of enterprises that eventually included shipping, banking, hotels, sports clubs, newspapers and national television networks.“With deep sadness, I bid farewell to Vardis Vardinoyiannis – the patriarch of a family that has left an indelible mark on the economic and social landscape of our country over the past decades,” Mitsotakis said.

In 1990, Vardinoyannis survived an assassination attempt by the November 17 far-left militant group, when a car containing explosives, smoke bombs and anti-tank rocket launchers was used to target his moving armored car. The group’s members were eventually rounded up and convicted 13 years later for multiple and deadly attacks against politicians, U.S. officials, and local business leaders.

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Vardis Vardinoyannis, Greek business magnate and Kennedy family friend, dies at 90Vardis J. Vardinoyannis, a powerful and pivotal figure in Greek shipping and energy who survived a terrorist attack and cultivated close ties with the Kennedy family, has died in Athens, aged 90. His death was announced by Motor Oil Hellas, the petroleum company he transformed into one of Greece’s largest corporations.
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