John Catsimatidis

From WikiMD's Wellness Encyclopedia

Catsi

John Catsimatidis (born September 7, 1948) is an American billionaire businessman and radio talk show host. He is the owner, president, chairman, and CEO of Gristedes Foods, a grocery chain in New York City, and the CEO of the Red Apple Group, a real estate and aviation company with holdings in oil refining and storage. Catsimatidis is also known for his political involvement and philanthropic activities.

Early Life and Education[edit | edit source]

John Catsimatidis was born on the island of Nisyros, Greece, and immigrated to the United States with his family when he was an infant. He grew up in the Harlem neighborhood of New York City. Catsimatidis attended New York University (NYU), where he studied electrical engineering. However, he left before completing his degree to focus on his business ventures.

Business Career[edit | edit source]

Gristedes Foods[edit | edit source]

Catsimatidis began his career in the grocery business while still in college, working part-time at a small grocery store. He eventually bought the store and expanded his business, acquiring several other grocery stores. In 1986, he purchased Gristedes Foods, one of the oldest grocery chains in New York City. Under his leadership, Gristedes has grown to become a prominent name in the city's grocery market.

Red Apple Group[edit | edit source]

In addition to his grocery business, Catsimatidis founded the Red Apple Group, which has diversified interests in real estate, oil refining, and aviation. The company owns and operates several properties in New York City and has significant investments in the energy sector.

Political Involvement[edit | edit source]

Catsimatidis has been active in politics, primarily as a member of the Republican Party. He ran for Mayor of New York City in the 2013 election but was defeated in the primary. Despite his loss, he remains an influential figure in New York politics and is known for his substantial contributions to various political campaigns.

Philanthropy[edit | edit source]

John Catsimatidis is a noted philanthropist, supporting numerous causes and organizations. He has donated to educational institutions, healthcare facilities, and cultural organizations. His philanthropic efforts have earned him recognition and awards from various groups.

Personal Life[edit | edit source]

Catsimatidis is married to Margo Vondersaar, and they have two children. The family resides in Manhattan, New York City. Catsimatidis is also a licensed pilot and enjoys flying in his spare time.

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