Brazilian businessman Georgios Frangulis’s net worth is estimated ot be around $75 million to $100 million as of 2024.
Tennis star Aryna Sabalenka’s boyfriend, Frangulis, began his entrepreneurial journey in 2014 after studying law at FAAP (Fundação Armando Alvares Penteado).
Key Takeaways
- Georgies Frangulis is from Brazil and pursued his degree in Law at FAAP.
- He is the founder of Oakberry, which is a healthy fast-food franchise in more than 34 countries.
While initially interested in pursuing a career in real estate in the States, his path took a different turn, leading him to establish Oakberry.
This brand is deeply rooted in his Brazilian heritage and is intricately tied to the Amazon rainforest where açaí berries, the brand’s primary product, are harvested.
Oakberry quickly gained fame for its açaí bowls, smoothies, and other treats made with açaí berries, which are known for their antioxidant properties and potential health benefits.
Founded in December 2016, Oakberry has experienced rapid expansion, boasting over 700 stores across more than 34 countries, including the United States, the United Kingdom, Australia, and numerous others.
At the end of 2023, it secured $67 million in capital, solidifying its standing as a significant player in the superfood market.
Notably, in January 2024, the company announced a partnership with professional tennis player Sabalenka.
Balancing Act: The Business and Racing Worlds
Beyond his entrepreneurial work, Frangulis is passionate about motorsports. According to his Driver Database, he has competed in 128 Porsche GT3 Cup Challenge races and nurtured a long-standing dream of becoming a Formula 1 driver.
Undoubtedly driven by his love for motorsports, he established the Oak Racing Team, which proudly represents the brand on the tracks and competes in multiple significant categories.
While his dual pursuits of business and racing present a demanding balancing act, Frangulis navigates these worlds with finesse and determination.
Frangulis’s achievements in motorsports and business are truly remarkable. In 2020, his victory in the GT3 Cup class race alongside Gaetano di Mauro showcased his exceptional skill.
Transitioning to the 4-liter engine cars in 2021 for the Carrera Cup, where he competes with the #88 car, further demonstrates his commitment to his racing ambitions.
Beyond his success in motorsports, Frangulis has made significant strides in the business world.
With an estimated net worth of between $75 million and $100 million, his story is a testament to his potential to pursue diverse passions and succeed in multiple arenas.
In case You Didn’t Know
- Professional tennis player Aryna Siarhiejeŭna Sabalenka is in a relationship with Georgies Frangulis.
- Georgies was featured in the “Forbes Brazil” magazine.