John Catsimatidis
John Catsimatidis

Celebrity Profile

Name: John Catsimatidis
Occupation: Energy
Gender: Male
Birth Day: September 7, 1948
Age: 72
Birth Place: New York, New York, United States
Zodiac Sign: Libra

Social Accounts

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Weight: in kg - N/A
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John Catsimatidis

John Catsimatidis was born on September 7, 1948 in New York, New York, United States (72 years old). John Catsimatidis is an Energy, zodiac sign: Libra. Find out John Catsimatidisnet worth 2020, salary 2020 detail bellow.

Net Worth

Net Worth 2020

$2.3 Billion

Salary 2020

Not known

With the net worth of $2.3 Billion, John Catsimatidis is the # 700 richest person on earth all the time follow our database.

John Catsimatidis Net Worth Detail

In the 2015 Forbes 400 "richest people in America" list, Catsimatidis ranked 182nd, with a personal net worth estimated at $3.4 billion; in the Forbes list of global billionaires, he ranked #577.

Biography Timeline

1948

John Catsimatidis was born on the Greek island of Nisyros on September 7, 1948. He came to the United States with his parents when he was six months old.

1966

The family moved to West Harlem, where Catsimatidis grew up. Catsimatidis' father had been a lighthouse operator in Greece but worked as a busboy in New York. Catsimatidis graduated from Brooklyn Technical High School in 1966. He received a congressional nomination to West Point, but chose to study electrical engineering at New York University instead.

1971

In 1971, Catsimatidis opened his first store, at Broadway and 99th Street. Shortly thereafter, he purchased another grocery store on 87th street just west of Broadway, naming it Red Apple. Among his business innovations were staying open late seven days a week, offering free delivery, and cashing checks for customers.

1979

Other organizations with which Catsimatidis has been active are the National Kidney Foundation, Juvenile Diabetes Foundation, Young Men's Philanthropic League, and Alzheimer's Foundation of America. Catsimatidis was the vice-chairman of the Ellis Island Awards Foundation of the National Ethnic Coalition Organization (NECO), and received an Ellis Island Medal of Honor from that organization. Catsimatidis has also served for many years on the board of the Guardian Angels, an organization started in New York City in 1979 by Curtis Sliwa.

1985

Catsimatidis has said that by the time he was 24 years old, "I built up ten stores and the business was doing $25 million a year, and I was personally earning a million dollars a year." By the summer of 1981, Red Apple had 27 stores in the Bronx and Manhattan, with annual sales of around $40 million. These grew to $110 million in sales in 1985.

1986

In 1986, Red Apple purchased 36 Gristedes supermarkets and 11 affiliated Charles & Co. specialty-food stores from the Southland Corporation. In 2009, it was reported that Catsimatidis's main holdings included 50 Gristedes supermarkets, 371 gas stations in three states, $500 million in real estate, and an expanding oil business.

In 1986, Catsimatidis acquired United Refining Co., the owner of gasoline refineries in Pennsylvania and Alabama. In October 2009, Forbes magazine reported that United Refining Energy Corp., a publicly traded special-purpose acquisition company (SPAC) sponsored by United Refining, was purchasing "privately held Chaparral Energy in a deal worth roughly $1.6 billion." However, United Refining Energy Corp. shareholders did not approve the deal and it was terminated in December 2009.

1988

On October 2, 1988, Catsimatidis married Margo Vondersaar at the Greek Orthodox Archdiocesan Cathedral of the Holy Trinity in New York; the two had met when she became his secretary in 1972. Catsimatidis' first marriage ended in divorce; he has stated that he was "sometimes" together with Margo while still married to his first wife. At the time of their marriage, Margo led her own advertising agency, MCV Advertising Associates in New York, and was president of The Hellenic Times.

1989

On May 13, the New York Post ran a story on Catsimatidis' comment in a 1989 Crain's New York Business profile in which he stated "I'm a Manhattanite. I feel sorry for those people who aren't." Catsimatidis's remark was criticized by Republican Guy Molinari, the former Staten Island borough president and congressman, and Brooklyn Democratic councilman Lew Fidler, who called Catsimatidis a "Manhattan elitist."

1992

Catsimatidis and his wife have made contributions to a variety of both Republican and Democratic campaigns. Among Republicans, the Catsimatidises contributed over $60,000 to the Republican National Committee, and have also made significant contributions to the National Republican Congressional Committee, National Republican Senatorial Committee, Mitt Romney, Eric Cantor, Olympia Snowe, Richard Lugar, and others. Among Democrats handful of Democratic campaigns, including to Carolyn B. Maloney, Charlie Rangel, and Jerrold Nadler. In local New York City races, Catsimatidis has given to Bill de Blasio (while he was a city councilman), Brooklyn Borough President Marty Markowitz, Cyrus Vance, Jr., and Staten Island Borough President James Molinaro. In the 1992 Democratic presidential primaries, Catsimatidis contributed $150,000 to the campaign of fellow Greek American Paul Tsongas.

2006

Catsimatidis put on a fundraiser in 2006 with Michael Bloomberg for Senator Joe Lieberman of Connecticut to support his third party run as an independent after Lieberman lost the Democratic primary nomination for reelection to the Senate.

2007

Catsimatidis has been described as a "longtime," "loyal," and "high-level Clinton donor." Catsimatidis donated a significant sum to the Clinton Presidential Center, thought to be between $100,000 and $500,000. Catsimatidis was a member of Hillary Clinton's finance team during her 2008 campaign for the Democratic presidential nomination, saying in February 2007 of Clinton, "She's unstoppable. She's got such a machine." Catsimatidis hosted a number of fundraising dinners with Bill Clinton at his home in New York that in total raised well in excess of $750,000 for Hillary Clinton's campaign. Catsimatidis has said that he is friends with Bill Clinton and that the former president "often" has flown in one of Catsimatidis' two airplanes. Hillary Clinton attended Catsimatidis' daughter's wedding.

2008

In 2008, Catsimatidis became engaged in efforts to take over SemGroup LP, a bankrupt oil, gas, and asphalt trading, storage and transportation company, headquartered in Tulsa, Oklahoma. Catsimatidis gained control over a majority of the company's management committee, but his efforts were met by opposition from the company's existing management, who argued for selling off at least some of the company's assets, while Catsimatidis wanted to keep the company together. In February 2009, Catsimatidis was sued by a group of SemGroup executives, who sought the removal of Catsimatidis and his allies from the committee. In July Catsimatidis reached a settlement with SemGroup, pursuant to which he acquired a piece of SemGroup's asphalt business and dropped his competing plan for the company's proposed reorganization.

In 2008, Catsimatidis was widely viewed as a potential mayoral candidate, along with City Council Speaker Christine Quinn, Representative Anthony Weiner, businessman Richard Parsons, Police Commissioner Raymond Kelly, City Comptroller Bill Thompson (the eventual Democratic nominee), and state Senator Martin Golden. By July 2008, Catsimatidis formed an exploratory committee of advisors and operatives, including Robert Ryan, Alan Bernikow, Lawrence Mandelker, and Jose Ithier. McLaughlin & Associates was the committee's polling firm.

2009

A donor to Bill Clinton during the Clinton years, Catsimatidis, while still enrolled as a Democrat, considered becoming a candidate in the 2009 mayoral election as a Republican. In May 2007, he was reported to be "systematically wooing local Republicans," attending various Republican fundraisers in Queens and Staten Island and stating that he would "probably have a press conference" to announce his intentions "sooner rather than later" and would consider spending between $30 million and $40 million if he ran.

In 2009, Catsimatidis spent nearly $300,000, much of it on polls and consultants, to explore a candidacy. He said he only agreed to drop out after Bloomberg informed him of his plans to seek a third term. Once the city term limits law was changed to allow Bloomberg to run for a third term, Catsimatidis quietly withdrew. The exploratory committee was officially shut down in May 2009.

2011

Catsimatidis and his wife Margo have two children, Andrea and John Jr. Andrea married Christopher Cox, grandson of former President Richard Nixon, on June 4, 2011, at the Greek Orthodox Archdiocesan Cathedral of the Holy Trinity, "before a church packed with family members and political powerhouses." Catsimatidis said that he spent "in excess of $1 million" on the wedding. Andrea Catsimatidis and Cox divorced in 2014.

2012

In December 2012, Catsimatidis established an exploratory committee to consider running for mayor. On January 3, 2013, he filed paperwork with the New York City Campaign Finance Board . Shortly afterward, he told the New York Post that he had just written his own check for one million dollars to seed his campaign.

2013

Catsimatidis made his official announcement on January 29, 2013, vowing to be "a leader for Harlem and Wall Street." He stated "I'm not a Mike Bloomberg billionaire. I'm not wearing a $5,000 suit." Through May 15, Catsimatidis (a self-financed candidate) had spent $880,000 on the campaign, mostly on television and radio ads, but also on billboards and items including lip balm and groceries. He hired a campaign consulting firm, Millennial Strategies LLC, that mostly works on Democratic campaigns.

At campaign events in April 2013, Catsimatidis claimed that he could have beaten Barack Obama in the 2012 presidential election and got into a contentious exchange with various Republican audience members, telling one to "go bullshit yourself if you want!"

Catsimatidis could have chosen to contest the general election on two other ballot lines, either that of the Liberal Party of New York and of a third-party line he created in summer 2013, but two days after his primary, he announced that he would withdraw from the race.

2015

In 2015, the Red Apple Group ranked 156th on Forbes magazine's list of "America's largest private companies", with revenue of $3 billion and 8,000 employees. (This compares to its 2008 and 2009 rank, both at #100, 2010 at #78, 2011 at 98th, and 2012 at 97th).

In 2015, press reports indicated that Catsimatidis donated the use of a chartered jet valued at $70,000 to the Republican primary campaign of Scott Walker.

In the 2015 Forbes 400 "richest people in America" list, Catsimatidis ranked 182nd, with a personal net worth estimated at $3.4 billion; in the Forbes list of global billionaires, he ranked #577.

2019

On June 26, 2019, Catsimatidis entered into an agreement to purchase radio station WABC (AM) from Cumulus Media for $12.5 million in cash under the "Red Apple Media" name; Catsimatidis also indicated with the purchase his intention to acquire additional stations in the New York City market to complement the conservative talk radio formatted station. The WABC sale was approved by the FCC on March 2, 2020.

2020

The New York TImes reported in October 2020 that Catsimatidis and his family now run the Manhattan Republican Party; his daughter Andrea is the chairwoman, and Catsimatidis, his wife Margo Catsimatidis, and his son John Catsimatidis Jr. are vice-presidents. Between February and July 2020, Catsimatidis contributed $50,000 of the party's $52,000 of income.

🎂 Upcoming Birthday

Currently, John Catsimatidis is 72 years, 6 months and 1 days old. John Catsimatidis will celebrate 73rd birthday on a Tuesday 7th of September 2021. Below we countdown to John Catsimatidis upcoming birthday.

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Recent Birthday Highlights

70th birthday - Friday, September 7, 2018

The Celebration of John Catsimatidis' 70th Birthday (Vid & Pics)

10/9/2018 - The Celebration of John Catsimatidis' 70th Birthday (Vid & Pics) - - archive , community , general news - The National Herald

John Catsimatidis 70th birthday timeline
66th birthday - Sunday, September 7, 2014

Happy Birthday John Catsimatidis, David Schwartz on Page Six

New York Post Page Six: David Schwartz attends 66th Birthday Party for John Catsimatidis

John Catsimatidis 66th birthday timeline
65th birthday - Saturday, September 7, 2013

Republican Candidates Seek Precision From Their Outreach Plans

Joseph J. Lhota and John A. Catsimatidis are seeking to drum up support and turn out hard-to-find conservative voters in Tuesday’s primary.

John Catsimatidis 65th birthday timeline

John Catsimatidis trends

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