Akis Evangelidis is a Greek marketing executive and co-founder of Nothing, the London-based consumer tech company behind the Nothing Phone series and CMF sub-brand. His net worth is not publicly disclosed, but based on his co-founder equity stake in a company that has raised tens of millions in venture funding and sold over 4 million devices, a reasonable estimate puts him somewhere in the $5 million to $20 million range, with significant uncertainty on the upper end depending on Nothing's current valuation and any secondary share sales.
Akis Evangelidis Net Worth: Estimate, Sources, and Methods
First, confirm you have the right Akis Evangelidis

The name Akis Evangelidis is not extremely common, but it is worth confirming the identity before reading any net worth estimate. The person this article covers is a Greek national based in London, UK, who co-founded Nothing (the tech company, not a metaphor) alongside Carl Pei in 2020, with the company formally announced in January 2021. He has held roles including Head of Marketing and President of Nothing India.
Before joining Nothing, he worked at OnePlus as Vice President of France and at Sony Mobile Communications as a Global Campaign Manager. His LinkedIn profile confirms London as his base. If you are searching for a different Akis Evangelidis, such as a Greek politician, academic, or business figure unrelated to the tech industry, this article is not about that person.
A June 2026 Livemint piece described him as co-founder of Nothing and specifically called him President of Nothing India, which aligns with his known operational role in one of Nothing's most important markets. Livemint identifies Akis Evangelidis as a co-founder of Nothing and President of Nothing India, matching his operational role in the company co-founder of Nothing and specifically called him President of Nothing India. That is the most recent public confirmation of his identity and title.
What we can actually verify about where his money comes from
Evangelidis's wealth, to the extent it exists, flows almost entirely from one source: his equity stake in Nothing. As a co-founder, he would have received a founding-level equity allocation at formation, which is typically meaningful but gets diluted through successive funding rounds. Nothing has raised substantial venture capital, including a well-publicised Qualcomm partnership and multiple funding rounds since 2021.
On the income side, he draws a salary as an executive. His exact compensation is not public, but senior co-founders at VC-backed consumer tech companies in London typically earn somewhere between £150,000 and £350,000 per year at his level. That is a working estimate, not a disclosed figure.
His corporate footprint also extends to India. The Indian company registry shows an entity called ESSENTIALLY NOTHING PRIVATE LIMITED (CIN: U51909HR2021PTC093743), registered in Gurgaon, Haryana, with an authorized share capital of ₹21,61,00,000 and paid-up capital of ₹20,75,00,000. A director named Apostolos Evangelidis is listed on ZaubaCorp's record of this company. Apostolos is a variant name form for Akis (short for Apostolos is common in Greek naming), making this a likely match, though you would want to verify this directly through India's Ministry of Corporate Affairs portal.
Beyond equity and salary, there is no public evidence of significant real estate holdings, separate investment portfolios, or other business ventures. His wealth profile is relatively concentrated in one company.
How a net worth estimate is built in a case like this

When someone's net worth is not publicly filed or reported, estimators work backwards from three things: company valuation, likely equity percentage, and liquidity events. If you want, you can use the same framework to understand the vangelis pavlidis net worth question in a comparable way net worth estimate. Here is how that logic applies to Evangelidis specifically.
- Establish the company's last known valuation. Nothing has not disclosed its current valuation publicly, but based on fundraising rounds and comparables in the consumer electronics startup space, estimates from tech media have placed Nothing's valuation in the range of $300 million to $700 million at various points since 2022.
- Estimate the co-founder's diluted equity percentage. Co-founders who are not the lead CEO (Carl Pei is the CEO) typically hold between 2% and 8% of equity after several funding rounds, depending on their original stake and how much dilution has occurred. For a head of marketing and co-founder, 2% to 5% is a plausible range.
- Apply a liquidity discount. Private equity is not cash. Until there is an IPO, acquisition, or secondary share sale, the equity is illiquid. Analysts typically discount private company equity by 30% to 50% when estimating real-world net worth.
- Add salary and cash savings, minus estimated personal liabilities. A few years of senior executive salary, net of taxes and London living costs, might contribute an additional $500,000 to $1.5 million in liquid assets.
Running those numbers through: if Nothing is valued at $400 million (a mid-range assumption) and Evangelidis holds 3% diluted equity, that is $12 million on paper. With a 40% liquidity discount, the real-world value is closer to $7.2 million. Add in cash savings, and you get roughly $8 million to $10 million as a central estimate. The range widens significantly at either end, which is why the $5 million to $20 million bracket is the honest answer.
The net worth estimate, with evidence
| Component | Estimate | Confidence Level |
|---|---|---|
| Nothing equity stake (2-5% of ~$400M valuation) | $8M–$20M (paper value) | Low-Medium (valuation unconfirmed) |
| Liquidity-adjusted equity (40-50% discount) | $4M–$12M | Low (no IPO or disclosed sale) |
| Salary and cash savings (accumulated) | $500K–$1.5M | Medium (role level inferred) |
| Other assets (real estate, investments) | Unknown / likely modest | Very Low |
| Total estimated net worth range | $5M–$20M | Low-Medium overall |
The $5 million floor assumes a conservative equity position, high dilution, and no significant liquidity events. The $20 million ceiling assumes a higher valuation for Nothing, a larger founding stake, and possibly some secondary share sales that have not been publicly reported. Nothing sold 4 million units in under 4 years as of mid-2024, and the company was actively expanding in India and exploring AI-powered devices as of early 2026. Moneycontrol (Mar 4, 2024) identifies Akis Evangelidis as co-founder of Nothing and quotes him on the company’s strategy to pursue AI-powered devices and expand in India actively expanding in India and exploring AI-powered devices. A strong commercial trajectory supports the upper range.
For context, other prominent Greek figures in tech and business have far larger disclosed wealth. Evangelidis is not in the same category as shipping magnates or figures like Evangelos Marinakis, whose wealth is built on decades of diversified assets. If you want to compare that approach with older, more diversified fortunes, check the evangelos marinakis net worth. He is a relatively young tech co-founder whose net worth is almost entirely tied to a single, still-private company.
What could push his net worth up or down from here

The biggest single variable is Nothing's path to liquidity. If the company goes public or gets acquired at a strong valuation in the next few years, Evangelidis's paper equity becomes real cash and his net worth could jump significantly. If Nothing struggles commercially, the equity could be worth far less than the current estimates suggest.
- Nothing IPO or acquisition: A successful exit at a $500M+ valuation would likely push his real net worth above $15 million, possibly significantly higher depending on his remaining stake.
- CMF sub-brand performance: Business Standard reported in February 2026 that Nothing is building CMF as an independent brand, which could meaningfully expand revenues and company valuation.
- India expansion: Nothing's manufacturing joint venture with Optimus Information and its deepening India presence are growth drivers that directly affect company value.
- Dilution from future funding rounds: If Nothing raises more capital, existing stakeholders get diluted, which reduces percentage ownership even if the company's total value grows.
- Role change or departure: If Evangelidis leaves Nothing or reduces his role, he may lose unvested equity or receive a negotiated settlement, either of which changes the picture.
- Personal liabilities: London property costs, taxes, and personal spending are not publicly known but are real factors that affect actual net worth versus paper worth.
How to fact-check and update this estimate yourself
The honest truth is that precise figures for a private company co-founder are not available in any single database. But you can build a reasonably accurate picture by checking a handful of sources systematically.
- UK Companies House (find.companiesinformation.service.gov.uk): Search for 'Nothing' and 'Evangelidis' to find any UK entities where he is listed as a director or person with significant control (PSC). PSC filings sometimes disclose ownership percentages above 25%, which would be a major data point.
- India's MCA21 portal (mcacaims.gov.in): Search for ESSENTIALLY NOTHING PRIVATE LIMITED using CIN U51909HR2021PTC093743, or Nothing Electronics Private Limited. Director details and shareholding are publicly accessible for Indian registered companies.
- Nothing's official press releases and investor announcements: The company has not disclosed full financials, but fundraising announcements (check their newsroom at nothing.tech) sometimes include valuation indicators or investor names.
- Crunchbase and PitchBook: Both track VC-backed companies and often list funding round amounts and valuations. Search for 'Nothing' (filter by consumer electronics, UK) to see the fundraising history and implied valuations.
- UK Companies House annual confirmation statements and accounts: Even if accounts are filed as 'small company' with limited detail, confirmation statements list directors and sometimes shareholder information.
- Tech media coverage: Outlets like TechCrunch, The Verge, and Indian publications like Moneycontrol and India Today regularly interview Evangelidis. Interview content sometimes reveals business scale indicators (revenue ranges, unit sales, expansion investment figures).
- Google News alerts: Set an alert for 'Akis Evangelidis' or 'Nothing co-founder' to catch any new funding announcements, acquisition rumours, or IPO filings as they happen.
The most actionable update trigger to watch for is any news of Nothing raising a new funding round with a disclosed valuation, or any IPO filing in the UK or elsewhere. Either event would let you recalculate his equity value with much higher confidence than is currently possible.
The bottom line
Akis Evangelidis is a Greek tech executive and co-founder of Nothing, based in London, with a career background at Sony Mobile and OnePlus. His net worth is not publicly disclosed and cannot be pinpointed precisely because Nothing remains a private company with no mandatory public financial filings. The most defensible estimate, built from company valuation proxies and co-founder equity logic, puts him in the $5 million to $20 million range as of mid-2026, with the real figure most likely sitting somewhere in the $7 million to $12 million zone. That number is paper-heavy and tied almost entirely to Nothing's trajectory. The single most important factor to watch is whether Nothing moves toward a public listing or acquisition, which would convert equity into verifiable, liquid wealth.
FAQ
Why can’t Akis Evangelidis’s net worth be calculated precisely like a public-company CEO?
Because Nothing is private, “net worth” in practice means the estimated market value of his Nothing shares minus any known debts, but the share value is only an assumption. In his case, the estimate is usually driven by dilution-adjusted equity percentage and a liquidity discount, so a small change in either can shift the range by millions.
Does Akis Evangelidis’s net worth change if he sells shares on the secondary market?
Yes, but you need to distinguish primary sales (from founders or employees) versus secondary sales (from existing holders). Secondary sales can reduce the remaining equity exposure and provide cash, which often makes the real net worth closer to the lower end of an “equity on paper” estimate.
What news would let you update Akis Evangelidis’s net worth estimate with higher confidence?
Watch for two specific signals: any term sheet or announcement that includes a post-money valuation for Nothing, and any regulatory filings that mention key shareholders or ownership stakes. Without a disclosed valuation, most estimates rely on broad industry comparables, which is why the uncertainty stays high.
How much do salary and bonuses matter compared with equity for Akis Evangelidis?
Not exactly. A salary estimate (using typical ranges for London executive roles) can add or subtract a modest amount, but it rarely dominates co-founder net worth when the equity stake is the main asset. Even if his pay is at the high end, the equity value is usually the larger swing factor.
How does another funding round affect his net worth estimate (up or down)?
If Nothing raises additional funding and the valuation rises, that can increase the implied value even after dilution, but it depends on how large the new round is and whether the new investors get preferential terms. Preferential liquidation rights or other economics can also affect what equity is worth in downside scenarios.
What does the “liquidity discount” really depend on for private-company founders?
A liquidity discount is not just a generic percentage, it can change depending on whether there is a credible exit path (IPO or acquisition) and how restrictive any shareholder agreements are. If trading or buybacks become possible, the discount usually shrinks.
What is the biggest mistake people make when estimating co-founder net worth?
One common mistake is assuming a co-founder’s initial percentage still applies. Founder stakes typically dilute materially through successive rounds, option pools, and employee grants, so estimates should use a dilution-aware percentage rather than a headline “co-founder stake” claim.
Can the India company registration be used to estimate his net worth?
The India company registry detail helps identity matching, but it does not prove personal wealth directly. Company paid-up capital and authorized capital are not the same as a founder’s net worth, and director names alone cannot confirm whether Akis holds equity personally in that entity.
How do you avoid mixing up Akis Evangelidis with similarly named people in other countries?
Yes, but you need to confirm it is an ownership-proxy use of the entity, not an unrelated person. If the “Apostolos Evangelidis” director is you are matching incorrectly, you could wrongly attribute wealth or role information to the wrong Akis Evangelidis.
How would an IPO or acquisition change the way Akis Evangelidis’s net worth is estimated?
If Nothing goes public, the estimate could become far more grounded because share price and disclosed ownership are easier to verify. If an acquisition happens, the outcome depends on the deal structure (cash versus stock, payout preferences), so even then, the conversion from “paper equity” to cash can vary.

