Theodore Angelopoulos was born in Athens, and lived in Switzerland for many years, where he received a BSc in Business Administration from the University of Zurich. His family were pioneers in the Greek steel industry and began dealing in the dry cargo sector of the shipping industry in the early 1950s.
Angelopoulos built an internationally based group of companies with interests in shipping and steel, and with investments in real estate and private equities, as well as other financial entities worldwide.
In 1996, he established Metrostar Management in Athens, and entered the oil tanker market in the same year, with his company going on to become one of the world’s leading oil tanker operators. In 2002, he took control of the Dutch shipbuilding company oceAnco and he re-established it as a leading shipbuilder of custom-built luxury mega-yachts.
Angelopoulos is married to Gianna Angelopoulos-Daskalaki.
His two nephews, Panagiotis Angelopoulos and Giorgos Angelopoulos are also in shipping, and steel.
In 1990, Angelopoulos bought the Old Rectory in Chelsea, for some years London’s largest and most expensive residential property, and probably the first in London to sell for more than £10 million.
In 2007, he had the 82 metre yacht Alfa Nero built. In 2011, Alfa Nero was up for sale with an asking price of US$115 million, and it was bought by the Russian billionaire Andrey Guryev.
As of 2014, he owns a new 66 metre yacht, called Okto.