Ioan Niculae

About Ioan Niculae

Birth Day: July 19, 1954
Birth Place: Romania
Birth Sign: Leo
Residence: Bucharest, Romania
Education: Ştefan Gheorghiu Academy
Occupation: Businessperson
Known for: Owner of InterAgro Group
Spouse(s): Divorced (present)
Children: 3

Ioan Niculae Net Worth

Ioan Niculae was bornon July 19, 1954 in Romania. Founder of Interagro, Romania's leading agricultural and fertilizer conglomerate, Ioan Niculae benefited from the conflict in Ukraine by picking up chemical contracts when Ukrainian suppliers could not deliver. But he's still facing charges brought by state prosecutors alleging two Romanian politicians gave Interago favorable discounts on gas transfers from 2006 to 2010. He got his start at a state-owned agricultural company, then branched out on his own. An avid hunter, he made headlines in 2014 when he flew to South Africa to hunt elephant, lion, wildebeest, and buffalo in order to stuff and return then to Romania. He also owns soccer team Astra Giurgiu.
Ioan Niculae is a member of Food and Beverage

💰 Net worth: $1.15 Billion

2010 $1.1 Billion
2013 $1.1 Billion
2014 $1.2 Billion
2015 $1.15 Billion
2018 $1.15 Billion

Some Ioan Niculae images

Biography/Timeline

1990

He entered the Business world after 1990, setting up, alongside a Turkish partner, a chemical trade company – Interaction.

1995

In 1995, he founded InterAgro, a Romanian-Chinese joint venture.

1996

Since 1996 Niculae has been the owner of the Astra Giurgiu football team.

1997

In 1997, Niculae became the majority stakeholder of the Astra Ploiesti refinery, after a $16 million investment.

1998

In 1998, he bought into the Romanian insurance company Asirom, after investing $21 million. He sold those stocks in 2007, making a profit of $65 million.

2004

Since 2004, the total amount of agricultural Investments done by his company has surpassed €100 million.

2008

Through his company, Niculae manages approximately 50,000 hectares of agricultural fields and is the biggest Romanian cereal cultivator. He is also the owner of 170 hectares of vineyards, reaping their first harvest in 2008.

2012

In 2012, The Romanian National Tax Administration accused Niculae of defrauding the national budget due to accusations that his tobacco company, Galaxy Tobacco, had failed to pay its taxes, amounting to an excess of €120 million. Niculae fought the charges in Court and won.

2013

In 2013, Niculae filed divorce from his wife, Domnita Niculae, ending a 31-year-old marriage. The divorce trial is still pending.

2015

On 2 April 2015 he was jailed for two-and-a-half years for illegal financing the PSD electoral campaign from 2009.