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2018
Managing director
Celsius Property Group
Richard Pappas started his real estate career aged 20 with Perth-based boutique agency City-Life Residential. Two years later he co-founded specialist mortgage broking firm Focused Finance, and in 2004 purchased City-Life Residential. Mr Pappas has since turned it into a major multi-disciplinary property group. The companies have been consolidated under the Celsius Property Group brand, growing a pipeline of 160 managed properties to 1,150 over the past 10 years and delivering 250 development projects to date. Despite the property downturn, Celsius has delivered a 918 per cent increase in revenue from 2015 to 2017. Outside his business interests, Mr Pappas has entered the Comrades 89-kilometre marathon in South Africa, his homeland, to raise funds for the St Vincent De Paul Society.