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Stelios Haji-Ioannou

Overview

His businesses expanded from shipping into low-cost aviation and brand licensing. His private company easyGroup owns easy brand rights and uses licensing income to support philanthropy; the airline and the brand owner are separate businesses.⁠[1][2]

Contents16 sections
Key facts

Birth and Family

Born in Athens, Greece, on February 14, 1967, Stelios is the son of Greek-Cypriot shipowner Loucas Haji-Ioannou. He worked at his father’s Troodos Shipping business in Piraeus before receiving family funding for his own ventures. His official CV identifies him as a dual citizen of Cyprus and the United Kingdom.⁠[3][4]

Studies in London

He graduated from the London School of Economics in 1987 with a BSc in Economics, Industry and Trade. In 1988 he earned an MSc in Shipping, Trade and Finance from City University’s business school.⁠[5][6]

Residence in Monaco

His official biography, updated in 2026, dates his residence in Monaco to 1990 and describes his work through a family office and local foundation there. This predates the 2026 reports discussing wealthy Britons in Monaco.⁠[1]

Founding Stelmar

He founded Stelmar in 1992 and listed it on the New York Stock Exchange in 2001. He stepped down as chairman in 2002 while retaining shares. In January 2005, he publicly supported selling the company and said he intended to concentrate on branding.⁠[2]

Developing easyJet and Its First Flight

His official biography dates the development of easyJeteasyJeteasyJet is a low-cost airline and holidays group founded by Stelios Haji-Ioannou and headquartered at London Luton Airport in the United Kingdom. Flight operations began in 1995, and easyJet plc was listed in 2000.Open the full entry and the easy brand to 1994. The airline’s first flight departed London Luton for Glasgow on November 10, 1995, a separate milestone from the initial venture.⁠[4][7]

easyJet Listing and Brand Licensing

easyJet listed on the London Stock Exchange in 2000 to finance fleet expansion. Stelios retained the easy brand rights in his private business, easyGroup, and extended the brand into hotels, car rental, storage and finance.⁠[4]

LSE Scholarships

Stelios established a scholarship program at LSE. In its 2024 review marking twenty years of the program, the university reported support for 145 students and cumulative donations of £3.95 million.⁠[5]

Stelmar Sale Completed

Overseas Shipholding Group completed the acquisition of Stelmar on January 20, 2005. It reported cash consideration of $48 per share, approximately $844 million for shareholders in total, and a purchase price of about $1.35 billion including assumed debt. The larger figure was not Stelios’s personal proceeds.⁠[8]

Knighthood

Queen Elizabeth II awarded Stelios a knighthood in 2006 for services to entrepreneurship.⁠[1]

Philanthropic Foundation

He established the Stelios Philanthropic Foundation in 2011. It supports education, entrepreneurship and community causes in the United Kingdom, Ireland, Monaco, France, Greece and Cyprus.⁠[1][9]

Giving Pledge Commitment

In his Giving Pledge letter dated May 11, 2017, he committed half his estate to his UK charitable foundation and a portion of annual income to philanthropy, intending the foundation to continue after his death.⁠[10]

Order of Saint Charles

Prince Albert II presented Stelios with the Order of Saint Charles at the Prince’s Palace of Monaco on November 17, 2023. The foundation reported the ceremony on November 20.⁠[11]

Annual Philanthropic Funding

easyGroup reported donations of £12.7 million for the year ended September 30, 2025 and said it gives at least 51% of annual profits to the foundation. Its website lists cumulative contributions of €122 million since 2010 from Stelios and easyGroup combined.⁠[9]

Related Organizations, Websites, and Public Accounts

easyGroup: Official website: https://easy.com/ (opens in a new window).⁠[4]

Stelios Philanthropic Foundation: Official website: https://stelios.org/ (opens in a new window).⁠[9]

Sources

  1. Sir Stelios Haji-Ioannou — The biography (opens in a new window)
  2. Press Release of Stelios, dated January 5, 2005 (opens in a new window)
  3. Sir Stelios Haji-Ioannou official CV (opens in a new window)
  4. Stelios’ CV (opens in a new window)
  5. Celebrating 20 years of the Stelios Scholarships at LSE (opens in a new window)
  6. MBA scholarship opportunity for aspiring entrepreneurs (opens in a new window)
  7. 30 years of easyJet: From a napkin sketch to an aviation icon (opens in a new window)
  8. Overseas Shipholding Group: Form 10-Q, quarter ended March 31, 2005 (opens in a new window)
  9. Stelios Foundation (opens in a new window)
  10. Sir Stelios Haji-Ioannou — Giving Pledge letter (opens in a new window)
  11. Sir Stelios Haji-Ioannou receives Ordre of Saint-Charles (opens in a new window)