In a moving, extraordinary generous decision the Stavros Niarchos Foundation announced a little while ago that it is committing up to $130 million over the next three years “to help ease the adverse effects of the deepening crisis” in Greece.
Andreas Dracopoulos co-president of the foundation stated that “our commitment is to those most in need but is also a promise to future generations. Not only do we intend to offer immediate relief by funding social welfare and health programs, but we will invest in educational programs that should help ensure that the current crisis does not condemn future generations.
Stavros Niarchos was a Greek shipping tycoon, sometimes known as “The Golden Greek.” In 1952, Stavros Niarchos built the first supertankers capable of transporting large quantities of oil, and subsequently earned millions of dollars as global demand for his ships increased
