Michael Stathakis’ Net Worth & Bio – Real Housewives of Sydney

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Michael Stathakis is a businessman who owns the “Bantex Group,” a stationery firm, and has made successful acquisitions such as WC Penfold and Quill Stationery, to mention a few. He is also known for being the former partner of Matty Samaei, one of the cast members of Bravo TV’s hit reality show, “The Real Housewives of Sydney.” 

Michael Stathakis' Net Worth

In 2022, Michael Stathakis’ net worth is yet to be known but his career as a businessman is his main source of income. Michael aspires to have pleased staff and customers, which leads to a profitable company. He’s happy to have and manage a locally owned and operated firm where they can provide employment, assist communities, and have a true passion for what they do.

Every consumer, he claims, is vital to them – small, large, medium, local, and worldwide. They have the industry’s top brands and goods, and he wants everyone to purchase and utilize them, not because it’s good business, but because their brands, products, and services are the best.

Michael's Early Life

Michael Stathakis’ date of birth, location of birth, and the names of his parents and siblings, if any, have not been revealed, although he claims that his parents have had food businesses their whole lives and that he has followed in his father’s footsteps. When he launched Australian Office Supplies in 1998, he was retailing stationery items to resellers and merchants around the country, and his father became his mentor and supporter.

Michael Stathakis' Education

Michael Stathakis’ educational background was not made available to the public. His institution of graduation and the degree he received are currently unavailable, but we will update this page when we learn more.

Michael Stathakis' Relationships and Family Life

Photo of the Remarkables mountain range in Queenstown, New Zealand.

Michael Stathakis has two children with Matty Samaei, with whom he was engaged. Matty is a cast member of Bravo TV’s famous reality program “The Real Housewives of Sydney,” however it’s been rumored that the businessman and the reality star have “quietly split” after five years together in 2019. They also don’t live together anymore at their Bellevue Hill house.

Michael Stathakis' Career

Photo of the Remarkables mountain range in Queenstown, New Zealand.

Michael Stathakis set out to create a company that he was enthusiastic about, one that would be a terrific learning experience and, of course, a success, right after graduating from university. In 1998, he founded Australian Office Supplies with his father as a mentor and supporter, and he began wholesale stationery sales to resellers and trade throughout Australia. With this bold move, Michael founded the “Bantex Group” in 2001, which is still thriving in up to this day, with company-owned stationery brands and successful acquisitions such as WC Penfold and Quill Stationery, to mention a few.

From production and operations to finance and, eventually, general management, he worked his way through practically every position and area of the Bantex organization. Over the course of 17 years, he has learned pretty much all he needs to know to be in charge of the Bantex Group, but he continues to grow every day. His firm is constantly looking for acquisitions; the present atmosphere and market circumstances in Australia and across the globe almost demand that businesses consolidate in a variety of ways in order to continue to develop and survive; acquisition is one of those methods. The purchase justification for the Quill transaction, for example, was based on two factors: aggregation and market share. All stakeholders were aware that combining the two enterprises would result in cost savings and increased market share. As a result, both firms become more competitive.

Today, Michael Stathakis is focusing on his long-term aims, which are to keep things simple and good, both professionally and personally, since he comes from a big and close Greek family that values spending quality time with one another.

Michael Stathakis and Matty Samaei Split

After a five-year romance, businessman Michael Stathakis and “Real Housewives of Sydney” star Matty Samaei has ‘quietly split.’ Michael had a short cameo on the show, when he was seen squabbling with Matty over whether or not they should acquire a puppy. Things had gone ‘pear-shaped,’ according to a person close to the couple, but they were apparently working on mending.

In an interview with The Daily Telegraph in 2016, the Persian beauty expressed her gratitude for having discovered her ‘soulmate’ after her first marriage failed. “I didn’t expect to find love after my husband and I divorced in 2010 but it shows if you’re open, anything can happen,” the real housewife said at the time. “We love each other deeply.”

Matty even admitted to OK! magazine in 2017 that she was considering having children with Michael again, despite her advanced age, and that she hadn’t ruled out the possibility. “I could probably have more, I haven’t ruled that thought out, but I also have to think about my age,” she said. “These days we have the option and having children is the most amazing thing.” On the now-defunct reality TV program, the RHOM star even pondered the notion of getting married.

Michael Stathakis' Appearance (Height, Hair, Eyes & More)

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Hair Color Black
Eye Color Brown
Body Type Fit
Sexual Orientation Straight

Facts About Michael Stathakis'

Nationality American
Estimate Net Worth $X.X million
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