Evangelos Zappas Net Worth

Background and career

Evangelos or Evangelis Zappas (23 August 1800 – 19 June 1865) was a Greek philanthropist and businessman who is recognized today as one of the founders of the modern Olympic Games, which were held in 1859, 1870, 1875, and 1888 and preceded the Olympic Games that came under the auspices of the International Olympic Committee. These Games, known at the time simply as Olympics (Greek: Ολύμπια), came before the founding of the International Olympic Committee itself. The legacy of Zappas, as well as the legacy of his cousin Konstantinos, was also used to fund the Olympic Games of 1896.

During his youth, Zappas joined the Greek War of Independence (1821–1832), achieving the rank of Major and fighting in several significant battles. Following Greek independence, he moved to Wallachia where he spent most of his life and had a successful career as a businessman, becoming one of the richest men of that time in Eastern Europe. Aside from being the only major sponsor of the Olympic revival at that time, Zappas's philanthropy also included contributions toward the foundation of several Greek institutions and schools as well as sports and exhibition facilities. Zappas was also a financier of the Romanian Academy, including academic projects such as a new synthesis on the history of the Romanians and a Romanian dictionary. He also funded a newspaper and books in the Albanian language in Romania. Through his philanthropic activity, Zappas contributed to the national awakening of the Greeks, Romanians and Albanians.