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International Business Times UK
International Business Times UK
Business

George Economou: Establishment do-gooder or Putin's puppet?

In May of last year, the Wall Street Journal dubbed George Economou the 'bad boy' of shipping, capturing in just two words the Greek magnate's penchant for controversial deals that keep him on a legal knife-edge and are even viewed as a threat to European security.

Economou's billion-dollar shipping empire includes TMS Group, Dry Ships, Performance Shipping and more recently the acquisition of a 9% stake in OceanPal. As an avid art collector, the 'bad boy' has positioned himself as an establishment do-gooder, in spite of the outrage at his seemingly unethical approach to business.

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