Who is George Panayiotou?
George Panayiotou is a successful British entrepreneur and the owner of The Ability Group (1). He is a multimillionaire who owns 15 luxury hotels such as Hilton, Double Tree, Park Plaza, and so on. George’s father Andreas Panayiotou is also an established property developer in the United Kingdom. George is one of the five Panayiotou kids. He was born in London in the year 1988, and his nationality is Greek-Cypriot. George completed his education from a school in Hertford Heath, England, which is known as Haileybury Boarding School.
George Panayiotou and his brother are children from Andreas Panayiotou’s’ first marriage. He also has three step-sisters from his father’s second marriage. He very recently married the famous actor and model, Amy Jackson. This 30-year-old businessman is currently the head of acquisition and development at the Ability Group. George Panayiotou joined the business in 2004 when he was almost 16 years of age. Throughout the following fifteen years, he has effectively associated with the growth and improvement of the Ability Group.
About the family
George Panayiotou’s dad Andreas is the founder of the Ability Group and a successful property developer. He began his business by buying Islington house and converting it into apartments for sale. He was able to create one of the largest buy-to-let empires in the entire country. Soon he owned around 7000 flats and houses. He was the most prosperous private landlord until 2006 when he sold off almost all his properties. By the year 2011, the Ability Group possessed 11 hotels across the United Kingdom.
The total assets owned by Andreas is almost around 400 million pounds. That converts to more than 3600 crores in Indian rupees. Panayiotou possesses a Gulfstream G450 fly which is worth 4o million pounds, a 12-million pounds Mangusta 130 yacht, and two Cessna Citation planes. He also has a Range Rover, Lamborghini LP700, Rolls-Royce Phantom convertible, Ferrari Enzo, and a Bugatti Veyron. Andreas Panayiotou has two children from his first marriage and three girls from the second. He currently lives in Epping Forest with his wife Susan Panayiotou.
Personal life
In October 2014, George Panayoitou began a relationship with Tulisa Contostavlos, who is an X-Factor judge and a pop vocalist. Later, he started dating Danielle Lloyd in November 2014 and was spotted kissing her in public. She is a model and has achieved titles like Miss England and Miss Great Britain. However, she lost her Miss Great Britain crown as she became a nude model in the Playboy magazine. After the publication of the December 2006 edition, she had to give up her title.
In 2015, British model and Bollywood actress, Amy Jackson, confessed that she had a unique man in her life. On Valentine’s Day in 2017, Amy shared a photograph of George Panayoiyou. This picture on Instagram made their relationship official and open to the public. Moreover, the couple posted pictures of themselves holidaying in Mexico and Canada for a few weeks in 2018. Amy Jackson and George Panayoitou started dating in 2015. They are said to have separated at some point on the way before getting back in contact. While they were on a break, Amy had a casual relationship with Cheryl Cole’s ex Jean-Bernard for a while. After getting back together, Amy Jackson and George Panayoitou got engaged while on a safari trip in South Africa.
Controversies about George Panayiotou
In May 2014, George Panayiotou and Costas Panayiotou were in the news for an unjustifiable road attack. They got into a fight with Gavin Collins, a police officer, and attacked him causing serious injuries. However, they were able to avoid going to prison in spite of this horrendous ambush. The cop had his eye socket injured and had to get titanium plates fitted in his cheek. The incident took place on a Christmas night when George Panayiotou and his brothers were hanging out with Yiannakis and Christopher Stavros. The two pairs of siblings kicked and punched the police officer which led to his wounds.
It all started when George Panayiotou was play-fighting with one of his friends. At the same time, Gavin Collins was leaving a Christmas party in London along with a few of his colleagues. When George pushed his friend to the ground, one of the off-duty police officers shouted ‘Oi, purple baseball cap’. Even though the cops kept walking after this, Costas Panayiotou went on to punch a stranger. It was a man who was just leaving the same night club with his girlfriend. Costas also crossed the road to assault another policeman. During this commotion, he hit Gavin Collins which threw him straight to the ground.
It was either the impact of hitting the ground or the punch by Costas that caused the injuries of the police officer. He had a fracture in his cheek bones and also suffered an injury in his eye socket. George Panayiotou had to be in prison for a half year and received a suspension for a year and a half. Costas received a sentence of 15 months, and also suspended for a year and a half. Christopher Stavros who was 28 at the time, and Yiannaki Stavrou, who was 30, got nine months and half a year respectively. They also received a suspension for a year and a half.
About the company
Andrew Panayoitou started the Ability Group by converting tiny properties into apartments. From the unassuming beginnings of business, the Ability Group soon became one of the biggest property developers in the United Kingdom. They were able to accumulate a property arrangement of more than 7,000 private structures which are worth more than one billion pounds. Their strategy was quite different from most contending property designers. The family of George Panayoitou took a different approach when adopting an all the more long term policy. They decided to let out the properties for reliable pay and development, which ended up being a great achievement.
Andreas Panayiotou turned out to be so notable in London for this procedure that he started the expression “Build to Let”. Along with the victory of The Ability Group came a lot of changes in the market patterns of this business. Andreas had to choose to move the group’s priority towards the commercial business. Therefore, the Ability Group started building many hotels, cafés and office spaces in the UK and all through Europe. Through combined efforts of Andreas and George Panayiotou the Ability Group currently stands tall as a main player in the business.
Author: Nidhia Sebastian
Source : https://timesnext.com/george-panayiotou/
Date : 2020-08-21T17:08:32.000Z