What is Ioan Niculae's Net Worth?
Ioan Niculae is a Romanian businessman who has a net worth of $1.1 billion. Ioan Niculae co-founded the agricultural and fertilizer conglomerate InterAgro with a Turkish partner in 1995. Ioan Niculae is now one of the richest people in Romania. With a storage capacity of 700,000 tonnes of grain in silos and another 450,000 tons in storage, InterAgro's operations are spread across around 50,000 acres of land, which makes Ioan Niculae one of the largest growers of cereals in Romania.
Apart from owning 51% stake in the holding company group, Ioan is also the owner of the football team Astra Giurgiu since 1996. Over the past years, he has invested in nearly $50 million in a co-generation plant, which is part of his long-term strategy to reduce energy costs and start to resell excess capacity. Among other things, has a luxurious private plane. He is a married man with three children.
