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Politics

John Catsimatidis Considering Run for NYC Mayor

BOSTON – John Catsimatidis the prominent billionaire businessman is considering a run for mayor of New York City, according to exclusive sources of The National Herald.

This would be the second mayoral run for Catsimatidis who attempted to win the Republican nomination in 2013, but lost to Joseph J. Lhota.

Catsimatidis who is also Vice Chairman of the Archdiocesan Council of the Greek Orthodox Archdiocese of America, reportedly told some close friends that “our city” (New York) “needs a mayor with guts, money and common sense.”

He is one of the richest Greek-Americans in the United States, belonging to the ranks of billionaires as The National Herald has reported in its annual special insert, 50 Wealthiest Greeks in America.

In an interview during his previous run he said that “it is my turn to give back to New York that I love so much.”

John Catsimatidis rose from humble beginnings according to his official website. He was born on the small 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 while 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.

John has lived the American Dream to its fullest. 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 two adult children; Andrea and John Jr.

Catsimatidis 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.

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