Richard Hsiao: The 24-year-old new owner of Aris B.C. – His friendship with Giannis Antetokounmpo and dream of NBA ownership

Aris B.C., the legendary Greek hoops nine based successful Thessaloniki, has entered a bold caller epoch nether the ownership of 24-year-old entrepreneur Richard Hsiao. With important fiscal backing and a semipermanent concern strategy, Hsiao aims to revitalize the nine and acceptable the signifier for aboriginal success.

A Game-Changing Move: Richard Hsiao Becomes Owner of Aris Basketball Club

In precocious June 2025, a binding statement was signed betwixt Aris B.C. and the almighty investment radical RCH, owned by Richard Hsiao and his family. The woody is acceptable to beryllium officially approved by the Aris Sports Club and the Professional Sports Committee of Greece, ushering successful a transformative section for the club.

Who Is Richard Hsiao? – A Young Investor with Global Ambitions

Richard Hsiao, based successful Toronto with concern operations successful New York, is the laminitis and CEO of RCH Group and J17 Capital. His concern absorption lies successful precocious technology, sports, and entertainment.

His semipermanent ambition? To ain an NBA team.

“Investing successful the NBA is 1 of my biggest goals,” says Hsiao. “Not conscionable for business, but due to the fact that of my heavy emotion for basketball.”

RCH Group: A Strategic Player successful Sports Investment

Under Hsiao’s leadership, RCH Group includes:

• RCH Investment Holdings (venture and sports fund)
• RCH Initiatives (philanthropic arm)

The money prioritizes investments successful nonrecreational sports, intelligence wellness, and innovative tech including SaaS, blockchain, and user applications.

Vision for Aris B.C.: A Five-Year Rebranding Plan

Hsiao and his squad are implementing a 5-year strategical plan to elevate Aris B.C. backmost to prominence:

• Rebranding the club
• Modernizing operations
• Investing successful endowment and infrastructure
• Expanding the planetary instrumentality base

“Aris has a passionate fanbase, a beardown legacy, and the imaginable to go a European hoops powerhouse again,” Hsiao notes.

A Close Friendship with Giannis Antetokounmpo

A self-described “superfan” of the Milwaukee Bucks, Hsiao is simply a close person of NBA superstar Giannis Antetokounmpo and his family. He is regularly seen courtside astatine Fiserv Forum, sitting adjacent to Bucks proprietor Wes Edens.

“I don’t ain portion of the Bucks. I conscionable person an unthinkable relationship with Giannis and his family,” helium told Milwaukee Journal Sentinel.

Hsiao’s transportation to the Bucks began during their 2020–21 title season, and his disposable beingness drew media attention. His narration with Giannis yet led to respective visits to Greece—where helium archetypal became funny successful investing successful Greek basketball.

From NBA Fan to European Club Owner

Though helium doesn’t yet person NBA ownership experience, Hsiao sees Aris B.C. arsenic a proving ground.

“Right now, I don’t person the acquisition to bargain into an NBA team. But successful 5 oregon 10 years, who knows? Aris is the cleanable measurement forward.”

He believes successful the power of sports to unite communities and sees Aris arsenic some a idiosyncratic situation and a semipermanent accidental to make enactment credentials wrong nonrecreational basketball.

Conclusion: Richard Hsiao’s Investment Signals New Era for Aris B.C.

With a wide vision, fiscal backing, and planetary hoops connections, Richard Hsiao’s ownership marks a turning point for Aris B.C. From Greek hardwoods to imaginable NBA ambitions, Hsiao represents the caller question of planetary sports investors—young, tech-savvy, and passionate astir the game.