Sir Stelios Haji-Ioannou official CV
Updated 15 September 2019
Stelios is best known for creating easyJet.com in 1995 when he was just 28 years old: The low cost airline that revolutionised European air travel over the last 25 years now carries over 100 million passengers pa with a fleet of c. 350 Airbus.com aircraft flying to more than 30 countries. In 2000 Stelios floated easyJet on the www.londonstockexchange.com in order to fund growth but he and his family are still the largest shareholders holding about 1/3rd of all the shares. Stelios successfully campaigned to set a dividend policy that consistently pays 50% of profits as a dividend.
The easy family of brands (www.easy.com): A strategic decision made during the easyJet IPO meant that ownership of the easy brand, (including easyJet) is retained in Stelios’ private investment vehicle, easyGroup, based in Monaco and London. As a result, easyGroup now enjoys a steady royalty income from licensing the easy brand to many businesses, including the airline. Every time someone buys a ticket on easyJet.com, easyGroup collects 0.25% of the ticket price as royalty. Since 1995 the easy family of brands has been extended to many other activities – all offering consumers “more value for less”. These include: easyHotel.com , which was also floated on www.londonstockexchange.com in 2014 with easyGroup retaining c 28% of the shares, easyBus.com , easyCar.com , easyFly.co.uk , easyHub.com , easyMoney.com , easyProperty.com , easy.Coffee, easyGym.com , easyStorage.com , easyFerry.com with many more. Stelios is always looking for carefully selected business partners and fellow entrepreneurs with whom to jointly extend the easy family of brands with new ideas.
Stelios started giving back to society when he turned 40 years old and has since formalised his charitable giving by creating the Stelios Philanthropic Foundation (www.stelios.org) , which now takes up about a third of his time. Its mission statement is to support a diverse range of charitable activities primarily in the countries he has lived and worked: UK, Greece, Cyprus and Monaco.
The most notable charitable program is called “Food from the heart” that feeds 200,000 people each month in Greece https://steliosfoundation.gr/faghto-apo-kardias.
Moreover with the Bi-communal awards in Cyprus the Foundation is granting €500,000 in cash pa to Greek Cypriots and Turkish Cypriots who work together for lasting peace on the island https://steliosfoundation.com.cy/peace-cyprus-bicommunal-awards/ .
Other causes are supported with direct donations such as the www.org in partnership with the foundation of HSH Prince Albert II of Monaco. (fpa2.org). In May 2017 Stelios signed the Giving Pledge (https://givingpledge.org/Pledger.aspx?id=334 ) committing to endow his foundation with half his estate in order to become the perpetual vehicle for his legacy. This initiative was started in 2010 by Bill and Melinda Gates and Warren Buffet and this “exclusive club” of philanthropists now has c. 200 members.
Family business background:
Stelios, was born in Athens, Greece on 14 February 1967, the son of the late Loucas Haji-Ioannou, a self-made Greek-Cypriot shipping magnate. Stelios started his business career working for his father’s company “Troodos shipping” in Piraeus, Greece until aged 25 when he founded his first own venture, Stelmar tankers with financial help from his father. Stelmar floated on the New York Stock Exchange in 2001 and was sold to a competitor in 2005 for about US$1.3bn thereby Stelios exiting active shipping operations since then.
In 2006, at the age of 39, Stelios received a knighthood from HM Queen Elizabeth II for services to entrepreneurship. Since 2009 he has been the Honorary General Consul for the Republic of Cyprus in the Principality of Monaco – where he lives.
Since 2018 he is the Chair of the enterprise fellows of the Prince’s Trust in the UK, a charity set up by HRH the Prince of Wales. https://www.princes-trust.org.uk/support-our-work/major-gifts/enterprise-fellowship/members
He graduated from the www.doukas.gr High School in Athens in 1984, the London School of Economics ( lse.ac.uk ) in 1987 and in 1988 obtained a masters’ degree from the City University ( www.cass.city.ac.uk) . At all three academic institutions the Stelios foundation has been funding extensive scholarship programs each year with more than 250 Stelios Scholars having benefited. Moreover Stelios has been awarded 4 honorary doctorate degrees from City University, as well as from Grandfield, Liverpool John Moores, and Northumbria (Newcastle) Universities in the UK.