The owner of the Gristedes supermarket chain has thrown his hat into the ring for mayor of New York City.
"I think all successful Americans should give back.. to our communities, states and volunteer to do a good job. I volunteered yesterday to be mayor. I don't need more money. We want to make sure our kids, our grand kids are going to be ok," said Catsimatidis.
The native of Greece grew up on 135th Street in upper Manhattan. Catsimatidis' father worked six days a week as a bus boy.
He is running as a Republican.
"I am pro-business. I cannot run as a Democrat because the Democrats don't let business people run on their line. I want to run as a pro-business Democrat," said Catsimatidis.
Forbes lists Catsimatidis' net worth at approximately $2B.
"When I was a senior we opened up our first store. I owned ten stores by the time I was 24. I put $5M into real estate in 1977, I blinked my eyes and it was 1980 and it was worth $100M. I believed in New York and I invested in New York and that's how you make a difference."
Tuesday, May 21 2013 3:50 PM EDT2013-05-21 19:50:15 GMT
A massive tornado devastated parts of Oklahoma on Monday. It destroyed entire neighborhoods, killing dozens of people. If you would like to help those in need, you can donate to relief organizations.
A massive tornado devastated parts of Oklahoma on Monday. It destroyed entire neighborhoods, killing dozens of people. If you would like to help those in need, you can donate to relief organizations.
Tuesday, May 21 2013 11:28 AM EDT2013-05-21 15:28:08 GMT
The new book, 'Stiletto Network: Inside The Women's Power Circles That Are Changing the Face of Business,' is shining light on how women cooperate in the workplace.
The new book, 'Stiletto Network: Inside The Women's Power Circles That Are Changing the Face of Business,' is shining light on how women cooperate in the workplace.
Tuesday, May 21 2013 10:18 AM EDT2013-05-21 14:18:33 GMT
Blogging site Tumblr has been sold to Yahoo for over $1B. Social media expert Chris Dessi and Laura Kusisto, Wall Street Journal reporter, discuss the sale during Good Day NY.
Blogging site Tumblr has been sold to Yahoo for over $1B. Social media expert Chris Dessi and Laura Kusisto, Wall Street Journal reporter, discuss the sale during Good Day NY.
Tuesday, May 21 2013 8:38 AM EDT2013-05-21 12:38:01 GMT
Country crooner Trace Adkins is the winner of All-Star Celebrity Apprentice. While he's happy to have raised money for his charity, Adkins says his mind and heart are with the victims of the Oklahoma tornado.
Country crooner Trace Adkins is the winner of All-Star Celebrity Apprentice. While he's happy to have raised money for his charity, Adkins says his mind and heart are with the victims of the tornado that ripped through Oklahoma on Monday.
Monday, May 20 2013 1:12 PM EDT2013-05-20 17:12:07 GMT
American Idol season 12 runner-up Kree Harrison gave winner Candice Glover a run for her money. But the top two finalists became good friends during weeks of competition. Harrison stopped by Monday's Good Day New York
American Idol season 12 runner-up Kree Harrison gave winner Candice Glover a run for her money. But the top two finalists became good friends during weeks of competition. We'll hear from the rising star next week.
Monday, May 20 2013 1:08 PM EDT2013-05-20 17:08:31 GMT
The sixth installment of the wildly popular 'Fast & Furious' movies hit theaters next week. Actor Tyrese Gibson shares the big screen with a star-studded cast.
The sixth installment of the wildly popular 'Fast & Furious' movies hit theaters next week. Actor Tyrese Gibson shares the big screen with a star-studded cast.