George Logothetis

Libra Group exited the container shipping market this week after selling close to 100 vessels for more than $2 billion over several years to focus on innovation and sustainability as new drivers of growth, the company's executive chairman said.

Greek businessmen are making a fortune in London real estate, industry, new technology and all matter of industry. The Greek crisis has done little to curb the wealth of traditionally wealthy Greek dynasties who have merely transfered their business interest abroad.

George Logothetis

Global conglomerate Libra Group, with origins in Greek shipping, is pressing ahead with its $500 million investments in Greece despite the country’s political turmoil, its chief executive said.

Libra, with headquarters in London and New York, has invested in various projects in Greece, including developing hotels and putting $200 million into renewable energy projects.