why are there so many greek shipping magnates
Greek shipping Greece is a maritime nation by tradition, as shipping is arguably the oldest form of occupation of the Greeks and has been a key element of Greek economic activity since ancient times.[1] Today, shipping is the country's most important industry worth $9 billion in 2015, 4% of the country's GDP. If related businesses are added, the figure jumps to $17 billion or 7.5% of GDP, employs about 192,000 people (4% of the workforce), and shipping receipts are about 1/3 of the nation's trade deficit.[2] [3] In 2015, the Greek Merchant Navy controlled the world's largest merchant fleet, in terms of tonnage, with a total DWT of 334,649,089 tons and a fleet of 5,226 Greek-owned vessels, according to Lloyd's List.[4] Greece is also ranked in the top for all kinds of ships, including first for tankers and bulk carriers.
Roman Abramovich Roman Arkadyevich Abramovich (Russian: Рома́н Арка́дьевич Абрамо́вич, pronounced [rɐˈman ɐrˈkadʲjɪvʲɪtɕ ɐbrɐˈmovʲɪtɕ], Hebrew: רומן ארקדיביץ' אברמוביץ'‎; born 24 October 1966) is a Russian-Israeli billionaire businessman, investor, and politician, residing in Tel Aviv.