However, he recently announced that he would step back, and he is even considering a possible stock market launch. In addition to his entrepreneurial duties, Babis is also active politically, having launched a new political party to tackle what he sees as the country’s wide-spread corruption. As of March 2012, the financial magazine Forbes ranked him as the 913th richest man in the world. Babis is divorced from his first wife, with whom he has two children. He currently lives with his girlfriend Monika, and they have two children together.