Barack Obama and daughters attend $33K a head private soirée

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EXCLUSIVE: Get me to the Greek! Obama and daughters set to attend $33K a head private soirée on Manhattan's upper east side to benefit Democrats hosted by multimillionaire shipping magnate George Logothetis
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President Obama and his daughters are headed to the Big Apple townhouse of shipping magnate George Logothetis and his wife Nitzia
He was tapped by Obama to join the board of My Brother's Keeper, an initiative launched to help young black men stay on track
Logothetis heads the Libra Group which runs hotels- including the Santorini Grace - and leases planes and helicopters

Published: 14:50 EST, 17 July 2015 | Updated: 17:30 EST, 17 July 2015

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President Barack Obama's motorcade will bring Manhattan to a standstill tonight as he heads to the uptown home of a British shipping magnate for a $33,400-a-head fundraiser.

Obama and some 30 Democratic faithful will head to the luxury east side brownstone of 40-year-old George Logothetis and his wife Nitzia for the meet-and-greet that will boost Democratic Party funds by a cool million dollars Daily Mail Online has learned.

Logothetis, who comes from a wealthy Greek family, is a strong supporter of Obama's attempts to reform the nation's immigration rules to allow a path to citizenship for those who entered the country illegally.

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Glam Greeks: George Logothetis and his glamorous wife Nitzia, a psychotherapist who also comes from a Greek shipping family, are regulars on the Democratic fundraising circuit. The hosted a fundraiser in upstate New York for Obama last year

Mr Logothetis (center) was seen on Friday night outside of his luxury brownstone on Manhattan's East Side

A tent was erected by event staff before the fundraiser that will significantly boost Democratic Party funds

Men in formal attire and children dressed for the summer heat outside Logothetis' home on Friday evening

Secret Service members and security officials stood outside the home before President Obama's arrival

President Obama walks with his daughter Sasha, 14, on their way to board Marine One from the South Lawn of the White House bound for a fun weekend in the Big Apple. His 17-year-old Malia, who is interning in Brooklyn on the set of HBO's girls for the summer

Party hearty: Obama will spend the weekend with his two daughters Malia and Sasha. They team is expected to be at the fundraiser tonight and see Saturday's matinee performance of the hit hip-hop musical Hamilton at Broadway's Richard Rodgers Theater

Obama and daughter Sasha (R), along with two of Sasha's friends, boarded Air Force One to travel to NYC

A K-9 officer and a police dog searched the area around the home on Friday night for anything suspicious

On the street where they live: Caterers and police arrive on the block where the party will be held

Standing guard: No parking signs and police cars dot the upper Manhattan street

The jet blast from Air Force One hit military members as it departed Andrews Air Force Base in Marland

Obama appointed him to the board of My Brother's Keeper, an initiative launched in April to help young black men stay on track and realize their potential.

And over the years London-born Logothesis has shown he tends to get what he wants.

He started work in his father's company, Lomar Shipping, when he was just 18. Within 10 years he was CEO and bent on expanding. He grew the company from just two ships to 70.

With his younger brother Constantine, he turned the company into the Libra Group which now runs hotels, leases planes and helicopters and is heavily involved in renewable energy.

But life for the father-of-three is not all work. He insists on taking three months off every five years to give himself time to think about his goals for the next five, refusing to look at work e-mails or take business-related phone calls. 'Ideas need time to breathe,' he says.

During his first sabbatical he hit upon the idea of 'asking inappropriate people to do appropriate tasks' and set out on the company's expansion.

'We took all the great people from our shipping business, and sent them around the world to start companies. We ended up with a ship's captain running a $200 million real estate company and a Russian fruit seller who runs six biogas plants in Latvia,' he told Fortune Magazine.

Helping hands: Nitzia and George Logothetis attend Seleni Institute's First Annual Winnifred Mason Huck Leadership Awards in Washington DC with former speaker of the House Nancy Pelosi

Haute hotel: The Santorini Grace Hotel, owed by George Logothetis's Libras Group.

A pool with a view: The pool at the glamorous hotel on the Greek island of Santorini

A look at the Santorini Grace Hotel owned by George Logothetis

Now his family's fortune is said to be worth $1 billion — and growing fast.

Logothetis and his glamorous wife Nitzia, a psychotherapist who also comes from a Greek shipping family, are regulars on the Democratic fundraising circuit. The hosted a fundraiser in upstate New York for Obama last year.

In April the couple were on the guest list for the White House state dinner for Japanese Prime Minister Shinzo Abe.

Obama is in the Big Apple with his two daughters 17-year-old Malia, who is interning in Brooklyn on the set of HBO's girls for the summer, and 14-year-old Sasha. The father-daughter team is expected to see Saturday's matinee performance of the hit hip-hop musical Hamilton at Broadway's Richard Rodgers Theater.

They are seeing the show — based on the life of founding father Alexander Hamilton — at the urging of First Lady Michelle Obama, who called it 'the greatest piece of art I've seen,' after catching it during a trip to New York in April.

Obama is staying at Millennium’s ONE UN New York hotel in a break from tradition. For decades, presidents visiting the Big Apple have booked into the famed Waldorf Astoria. But it was bought last year by a Chinese company and security experts fear it may be bugged.