Businessman John Christodoulou leaves door open for 2028 presidential bid

British-Cypriot businessman John Christodoulou has signaled that he may run for the presidency of the Republic of Cyprus in the 2028 elections. In a video statement posted on his social media accounts on November 11, 2026, the billionaire acknowledged that the decision is difficult due to the significant personal sacrifices and lifestyle changes it would require, but expressed confidence that he would win if he chose to stand.

Christodoulou emphasized his desire to contribute to the country's development and support those in financial need. A central pillar of his potential platform is the Cyprus problem; he argued that a resolution would trigger significant economic prosperity, with potential business growth ranging between 25% and 50%. He noted that he would be willing to invest heavily in the country if the geopolitical situation with Turkey were more stable, advocating for financial cooperation, funding, and energy interconnections.

While he confirmed that he is contemplating the candidacy, he did not declare a final intention to run. The businessman stated that his heart is inclined toward running because of the potential positive impact he could have, despite his reservations regarding the personal responsibilities of the office.