How Nicrone’s Nvidia Bet Diversifies Maria Angelicoussis’s Shipping Fortune

Maria Angelicoussis’s family office, Nicrone, has made Nvidia a prominent holding in its move toward publicly traded shares. The investment gives a fortune built in shipping exposure to the AI industry, but the office’s undisclosed positions make it impossible to measure the Nvidia stake’s return—or its weight in the family’s overall portfolio. 19

From shipping wealth to a family office

Nicrone was established in Cyprus in 2022, according to reporting citing company filings. It began with more than $1 billion in assets, though that figure describes the investment firm at its outset, not the amount invested in Nvidia. 404 The office invests wealth associated with Angelicoussis, owner of the Angelicoussis Group. 1

Former hedge-fund executive Laura Lavers took charge of Nicrone’s UK operation around 2023. By late 2024, the family office was increasing its publicly traded investments after reporting substantial gains from private-market bets. The shift was an expansion into listed equities, not evidence that Nicrone had abandoned private investments altogether. 3116

What the Nvidia investment shows—and what it does not

People familiar with Nicrone’s strategy told Bloomberg that the firm built a strategic position in Nvidia in recent years and that it became one of its top listed holdings. Bloomberg reported gains from the investment as Nvidia shares rose. 19

A rising share price, however, is not Nicrone’s portfolio return. Its purchase dates, position size, any subsequent trades and realized gains have not been disclosed. Nor does the available reporting establish what proportion of Angelicoussis’s wealth is invested in Nvidia. 56 The holding diversifies the family’s investments away from shipping, but a major position in a single stock can also create concentration risk. Without a fuller view of Nicrone’s holdings, its overall diversification cannot be judged.

Part of a wider family-office shift

Nicrone is not alone in looking to public markets for AI exposure. In its 2026 family-office research, UBS reported that 65% of respondents had invested across the AI value chain, including infrastructure, software and semiconductor companies. 21 Separately, the CNBC Portfolio Tracker found that stocks accounted for 37% of tracked single-family-office portfolios in the second quarter of 2026, up from 34% in the first; Nvidia was among their most commonly held shares. 18

Those figures describe different groups and measures, not Nicrone’s allocation. They put its reported Nvidia bet in context: family offices are seeking growth beyond their original businesses, increasingly through listed AI companies, while still having to manage the risks that come with concentrated positions. 2118