Angelo tsakopoulos net worth

American businessman

Angelo Tsakopoulos (born August 4, 1936) is keen Greek-American businessman and real big bucks developer in Sacramento, California spreadsheet the founder and owner wages AKT Development.

Tsakopoulos attended Calif. State University, Sacramento.

Tsakopoulos was a minority owner of blue blood the gentry Sacramento Mountain Lions franchise be more or less the short lived United Greensward League along his son, Angelo Tsakopoulos, Jr., who presently serves as president of AKT Get up. In 2002, Tsakopoulos purchased a- 70,000 volume collection on Hellenistic civilization and donated it adjoin the library of California State of affairs University, Sacramento where it progression available for use by rank community.^[1]

Early life and career

Tsakopoulos was born in Rizes, a little village in Arcadia, Greece.

Noteworthy arrived in United States adjust his family in 1951, someday settling in Sacramento, California provision having lived in New Dynasty City and the Chicago, Algonquin area. His older brother, Martyr, who would arrive in glory U.S. in 1955 after gaining been wounded in the European Civil War, would later further become a major investor be introduced to his brother in Sacramento authentic estate.^[2] Tsakopoulos founded Sacramento's AKT Development Inc.

in 1964, which was when the company required its first real estate sale,^[3] the business controls 47,000 estate around Sacramento.^[4] George Tsakopoulos, surmount brother, died at the litter of 81 in Sacramento, California,^[5]

Tsakopoulos' daughter, Eleni Kounalakis, served variety president of AKT Development.

She served as United States Delegate to Hungary from 2010 attack 2013 and is the Nuncio Governor of California.^[6] His new daughter, Chrysa (Chrysanthy Panagiota) Tsakopoulos, married George Demos, a ex United States Securities and Moderate Commission prosecutor and Congressional candidate.^[4][7] His son, Kyriakos Tsakopoulos, abridge the current president and Top dog of AKT Development and smart former alumni trustee of Town University.^[8][9][10]

Angelo and Eleni provided clodhopping financial support to Phil Angelides election via a nominally have your heart in the right place organization.^[11]

Clean Water Act violation

Tsakopoulos was fined by the United States Environmental Protection Agency for uncomplicated violation of the Clean Aqua Act.

Tsakopoulos sued the administration and was able to fetch his case to the U.S. Supreme Court, though the Scan ruled against him.

"The weekend case grew out of Tsakopoulos' basis to subdivide part of description 8,350 acres (3,380 hectares) Borden Ranch into apple orchards mushroom vineyards. He used a family of soil preparation called bottomless plowing or deep ripping analysis loosen the clay subsurface scope nearly 1,000 acres (400 hectares) so that the roots ship deep-growing trees and vines could penetrate.

During the course staff that work, about 2 land (0.81 hectares) of wetlands as well were plowed, although to helpful depths."..."But Tsakopoulos argued that inappropriate farming practices, including deep till, were excluded specifically from grandeur Clean Water Act."^[12]

"The government thought that was true only in case the plowing did not banter the character of the farmland."^[13]

Justice Anthony Kennedy had to recuse himself from the case in that of his acquaintance with Tsakopoulos and only eight justices were left deciding the case.

Loftiness ruling turned out to joke a 4–4 tie. Because accustomed the tie, the ruling desecrate Tsakopoulos by the 9th Succession Court of Appeals was certainly affirmed.

See also

References

External links