Easy Web café man becomes billionaire

Well behind Bill G and Larry E though

The man behind the EasyEverything Web cafés, Stelios Haji-Ioannou, has entered the exclusive 'billionaires club'.

He's been valued at $1.5 billion by Forbes Global magazine.

His fortune has been made on his budget airline EasyJet, as well as Web surfing, and shipping. He got off to a good start though, with a $117 million sub from his dad.

He's also not been shy about getting the legal heavies on anyone who has registered an Easy style URL.

Stelios is a little behind Bill Gates who's number one in the rich list. He's got $58.7 billion, Paul Allen is in third place with $30.4 billion, and Larry Ellison has slumped to fourth place with a measly $26 billion.

Investor Warren Buffet is in second place with $32.3 billion.

In joint fifth place are Germans Theo and Karl Albrecht, owners of discount German supermarket chain Aldi. Their chain has dabbled in selling cheap PCs and pioneered the retailing of notebooks using desktop components. ®

Related Stories

Stelios launches US cybercafé empire in New York
EasyJet pushes 90% of ticket sales onto Web

The Easy way to beat the URL bully

Cheap German notebooks use desktop components
Cheapo supermarket Aldi sells PCs

Sponsored: Designing and building an open ITOA architecture