Spiro Latsis & family
$2.1 B
Spiro Latsis has been managing the family fortune since his father, Greek shipping tycoon John S. Latsis, passed away in 2003. The family still has a foot in the shipping business through Latsco Shipping, which owns a fleet of more than a dozen oil tankers and liquefied petroleum gas carriers. But the bulk of their wealth is now invested elsewhere in companies like EFG International, a Zurich-based private banking group where Latsis is a board director. The family also owns a substantial stake in oil company Hellenic Petroleum and Lamda Development, a publicly traded real estate developer active in southeastern Europe. Latsis is a three-time graduate of the London School of Economics and a board trustee of Princeton’s Institute for Advanced Study.
Greek businessman and shipping tycoon Spiros Latsis has an estimated net worth of $2.2 billion as of May 2017, according to Forbes. According to Forbes, he is the richest person in Greece and 412th in the world.
Dr. Spiro J. Latsis was born in Athens in 1946, and earned his estimated net worth of $2.1 billion through investments in real estate, as the owner of Paneuropean Oil and Industrial Holdings S.A., and with a stake of more than 40% in EFG Eurobank Ergasias. He has recently rebounded after taking a huge hit due to the economic woes in Greece.
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