Portrait of John Catsimatidis

Rank #892

John Catsimatidis

Net worth $4.8B

Oil, real estate · United States

Born
Sep 07, 1948
Age
77
Source
Oil, real estate
Residence
New York, New York
Citizenship
United States
Marital status
Married
Children
2
Education
Drop Out, New York University

Net worth over time

Biography

  • John Catsimatidis is best known as the owner of New York City supermarket chain Gristedes.
  • He also owns oil refinery United Refining in Pennsylvania, which he bought out of bankruptcy, and real estate in New York and beyond.
  • He moved with his family from Greece to New York when he was an infant and grew up in an apartment in Harlem.
  • He worked as a grocery clerk while attending New York University but dropped out for a chance to own a piece of the shop where he worked.
  • Catsimatidis opened his own grocery store in 1969 and had 10 Red Apple stores by age 25.
  • Catsimatidis has a weekly talk radio show, the Cats Roundtable, during which he interviews people involved in politics.
  • Catsimatidis unsuccessfully ran for mayor of New York City in 2013.