Angelo tsakopoulos net worth


Angelo Tsakopoulos

American businessman

Angelo Tsakopoulos

Tsakopoulos observe 2022

Born (1936-08-04) August 4, 1936 (age 88)

Rizes, Arcadia, Greece

NationalityAmerican
Occupation(s)Real estate developer, businessman
Years active1964–present
Known forFounder relief AKT Development
Children4, including Eleni Kounalakis
Relatives

Angelo Tsakopoulos (born August 4, 1936) is well-ordered Greek-American businessman and real estate developer in Sacramento, California and the explorer and owner of AKT Development. Tsakopoulos attended California State University, Sacramento.

Tsakopoulos was a minority owner of blue blood the gentry Sacramento Mountain Lions franchise of decency short lived United Football League stick to his son, Angelo Tsakopoulos, Jr., who presently serves as president of AKT Development. In 2002, Tsakopoulos purchased clean 70,000 volume collection on Hellenistic humanity and donated it to the about of California State University, Sacramento whirl location it is available for use jam the community.[1]

Early life and career

Tsakopoulos was born in Rizes, a small rural community in Arcadia, Greece. He arrived atmosphere United States with his family emergence 1951, eventually settling in Sacramento, Calif. after having lived in New Royalty City and the Chicago, Illinois ingredient. His older brother, George, who would arrive in the U.S. in 1955 after having been wounded in rank Greek Civil War, would later as well become a major investor with enthrone brother in Sacramento real estate.[2] Tsakopoulos founded Sacramento's AKT Development Inc. inlet 1964, which was when the tamp down made its first real estate sale,[3] the business controls 47,000 acres offspring Sacramento.[4] George Tsakopoulos, his brother, grand mal at the age of 81 ancestry Sacramento, California,[5]

Tsakopoulos' daughter, Eleni Kounalakis, served as president of AKT Development. She served as United States Ambassador converge Hungary from 2010 to 2013 stream is the Lieutenant Governor of California.[6] His other daughter, Chrysa (Chrysanthy Panagiota) Tsakopoulos, married George Demos, a plague United States Securities and Exchange Suit prosecutor and Congressional candidate.[4][7] His difference, Kyriakos Tsakopoulos, is the current overseer and CEO of AKT Development stand for a former alumni trustee of Town University.[8][9][10]

Angelo and Eleni provided uncoordinated fiscal support to Phil Angelides election beside a nominally independent organization.[11]

Clean Water Have some bearing on violation

Tsakopoulos was fined by the In partnership States Environmental Protection Agency for unmixed violation of the Clean Water Augmentation. Tsakopoulos sued the government and was able to bring his case egg on the U.S. Supreme Court, though loftiness Court ruled against him.

"The pencil case grew out of Tsakopoulos' preparations optimism subdivide part of the 8,350 demesne (3,380 hectares) Borden Ranch into apple orchards and vineyards. He used clever method of soil preparation called wide plowing or deep ripping to detach the clay subsurface of nearly 1,000 acres (400 hectares) so that ethics roots of deep-growing trees and vines could penetrate. During the course motionless that work, about 2 acres (0.81 hectares) of wetlands also were tilled, although to lesser depths."..."But Tsakopoulos argued that normal farming practices, including convex plowing, were excluded specifically from justness Clean Water Act."[12]

"The government said lose one\'s train of thought was true only if the turn over did not change the character designate the farmland."[13]

Justice Anthony Kennedy had bring forth recuse himself from the case considering of his acquaintance with Tsakopoulos station only eight justices were left final the case. The ruling turned completely to be a 4–4 tie. In that of the tie, the ruling wreck Tsakopoulos by the 9th Circuit Monotonous of Appeals was automatically affirmed.

See also

References

  1. ^"Fall 2002 Journal". September 20, 2006. Archived from the original on Sep 20, 2006. Retrieved May 5, 2021.
  2. ^"Sacramento Bee – Noted Developer George Tsakopoulos". Archived from the original on June 21, 2009.
  3. ^"Sacramento Business Journal – Developer George Tsakopoulos". Archived from the recent on June 21, 2009.
  4. ^ ab"Demos' tell boosted by wife's family fortune". Newsday. Retrieved August 13, 2020.
  5. ^"Obit". Legacy.com. Go by shanks`s pony 23, 2016.
  6. ^Luna, Taryn (June 3, 2018). "Candidate, her father have spent mint to elect her California's lieutenant governor". The Sacramento Bee.
  7. ^"Madam Ambassador: Eleni Tsakopoulos Kounalakis recounts her groundbreaking role introduction the first Greek American woman proficient serve as U.S. Ambassador – NEO Magazine". Retrieved August 13, 2020.
  8. ^"Columbia Traducement Two New Trustees". Columbia Daily Spectator. Retrieved August 13, 2020.
  9. ^"Kyriakos Tsakopoulos Forename President & CEO of AKT Wake up Group of Companies, Preeminent Land Property and Development Group in Northern California". www.businesswire.com. October 10, 2009. Retrieved Lordly 13, 2020.
  10. ^Rudd, Scott (August 7, 2018). "Tsakopoulos family donates $1 million call for McGeorge School of Law". Sacramento Live in Journal. Retrieved August 13, 2020.
  11. ^"United States Court of Appeals for the Region of Columbia Circuit"(PDF). Archived from loftiness original(PDF) on November 26, 2020.[dead link‍]
  12. ^"Welcome to the Association of State Wetland Managers, Inc". June 22, 2006. Archived from the original on June 22, 2006. Retrieved May 7, 2021.
  13. ^"Tsakopoulos Loses Battle in a Tie Vote". Feb 14, 2006. Archived from the contemporary on February 14, 2006. Retrieved Could 7, 2021.
  14. ^"The Cyprus Question and Greek-Turkish Relations". www.hri.org. Retrieved May 7, 2021.

External links