Sokratis Kokkalis
| Sokratis Kokkalis | |
|---|---|
| Born |
May 27, 1939 Athens, Greece |
| Nationality | Greek |
| Alma mater | Humboldt University, Berlin |
| Occupation | Entrepreneur |
| Years active | 1976– |
| Net worth |
 US$1.2 billion (2015) |
| Board member of | Owner & Chairman of Intralot Owner of Intracom Holdings |
Sokratis Kokkalis (Greek: Σωκράτης Κόκκαλης; born 27 May 1939) is a Greek billionaire businessman.
Kokkalis is the founder and majority shareholder of Intracom Holdings, one of the largest multinational technology groups in Southern Europe, and the Chairman and majority shareholder of Intralot S.A., a gaming technology supplier and licensed lottery operator. He has established and presides over the Kokkalis Foundation, a non-profit organization that "promotes education and training, culture and social welfare, medical research and information technology, and athletics", both in Greece and abroad. In 2015 Socrates Kokkalis net worth is estimated to be around US$1.2 billion.
Kokkalis founded INTRACOM in 1977 as a telecommunication equipment supplier and manufacturer. The company played a leading role in the modernization of telecommunication infrastructure in Greece, especially through a partnership with ERICCSSON for the manufacturing of digital switches. INTRACOM expanded in Souteastern Europe and became a leading exporting technology Group, including the areas of software for the public sector, Defense Electronics and Construction. It is listed in the Athens Stock Exchange since 1990.
Kokkalis founded INTRALOT in 1992, as a hardware and software supplier for the gaming industry. INTRALOT became one of the three top companies in the sector worldwide, currently with 5,400 employees and presence in 35 countries. INTRALOT has a strong presence in the USA, with a 20% market share for Lotteries, offering its services to 11 State Lotteries.
Kokkalis also led Panafone, the mobile venture of VODAFONE in Greece, immediately after the launch of mobile telephony in Greece in 1992.
In 2005 INTRACOM became a Holding company and acquired Hellas Online, an ISP provider which became a major telephony and internet supplier. Hellas Online was sold to Vodafone in 2014. The same year INTRACOM Holdings divested also form the telecom manufacturing arm, INTRACOM Telecom. The Holding todaysowns three major companies, the construnction branch INTRAKAT, the software developer INTRASOFT INTERNATIONAL, which is an ORACLE partner and a major supplier to the European Commission and the European Parliament, and INTRACOM Defense Electronics, with a strong partnership with RAYTHEON. The three companies today employ 2,200 people and have presence in 70 countries around the world. Most of the Group revenues come from exports and international activities.
Kokkalis was, for 18 years until 30 December 2010, owner and chairman of the Greek football club Olympiacos. During his tenure the club won 12 top division titles, five Greek Cups, and one Greek Super Cup. It was also during his chairmanship that Olympiakos leased from the Greek state and for a period of 50 years their homeground Karaiskakis Stadium, which was until that time used by Olympiakos and other Piraeus clubs strictly on a rental basis, and undertook a complete rebuilding of the stadium itself.
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