Bio
John A. Catsimatidis is a Greek-American billionaire businessman and radio talk show host. He is the owner, president, chairman, and CEO of Red Apple Group, a conglomerate that owns and operates assets in the energy, real estate, finance, insurance, and supermarket industries.
John Catsimatidis came from humble beginnings . . .
John was born on the Greek Island of Nisyros in 1948 and 6 months later his parents emigrated to New York City in search of a better life. They settled on 135th Street in Harlem and his father found work as a busboy and his mother was a stay-at-home mom.
John is a true son of New York; he was educated in both the parochial and public school systems earning his high school diploma from Brooklyn Tech. John enrolled in New York University to study electrical engineering; going to school during the day and working in a small grocery store on nights and weekends to help his parents pay the bills. During his senior year, with just 8 credits remaining, John dropped out of NYU to work in the grocery business full-time. By his 25th birthday he was already a success with 10 Red Apple Supermarkets scattered along Broadway on Manhattan’s Upper Westside.
. . . and has lived the American Dream
Now, four decades later the Red Apple Group has evolved into a diversified corporation that has holdings in the energy, aviation, retail and real estate sectors and over 8,000 employees, with approximately 2,000 located in New York City. John and his wife Margo Catsimatidis live on Manhattan’s Upper East side and are parents to 2 grown children; Andrea and John Jr.
John is a firm believer in giving back to the community and has been a strong supporter of the Police Athletic League for nearly 30 years.
He serves on the Board of Columbia Presbyterian Hospital, the Hellenic Times Scholarship Fund, and over the years served in a variety of volunteer positions in the Greek Orthodox Church.
Areas of Interest
- Deal Type
- Acquisition, Development, Ground Lease, Loan Purchase, Opportunity Zone, Partner Buyout, Pre-Development, Recapitalization, Refinance, Rehabilitation