The Financial Times has named 27-year-old Miltiadis Marinakis, son of Greek shipping magnate and businessman Evangelos M...

The Financial Times has named 27-year-old Miltiadis Marinakis, son of Greek shipping magnate and businessman Evangelos Marinakis, in a major feature on the world's most powerful billionaire heirs. The piece, titled "Heirs apparent: meet the billionaire scions fighting to escape the family shadow," examines how Gen Z and millennial children of some of the world's richest families are building their own identities beyond the family name. The FT describes Miltiadis as taking an increasingly active role across the Marinakis business empire. He is closely involved in the day-to-day operations of English Premier League club Nottingham Forest, and has taken on expanded responsibilities at the shipping group Capital Maritime, including participation in the company's recent public listing. Beyond shipping and football, the FT notes he has been active in real estate, transport, and technology. He also founded Shopflix, a Greek e-commerce platform, positioning himself as a next-generation entrepreneur who is trying to build something of his own alongside the family's established operations. The feature places Marinakis alongside a global roster of prominent heirs, including Zach Dell, son of Dell founder Michael Dell, the Dangote daughters of Africa's wealthiest man Aliko Dangote, and Mario Ho, son of casino billionaire Stanley Ho, who has moved aggressively into esports. The FT's broader conclusion is pointed: inheritance alone is not enough. Succession experts quoted in the piece say successful transitions require preparation, clearly defined roles, and personal ability. The next generation has to prove it can stand on its own, not just carry a famous last name. The scale of what is at stake is staggering. The FT estimates that more than $60 trillion in assets will change hands in the United States alone by 2048, part of the largest wealth transfer in modern economic history. #Marinakis #Greece #BusinessNews