1. Spiros J Latsis is a Greek billionaire and business magnate.
14 Facts About Spiros Latsis
1. 2.
Spiros Latsis is the son of the late tycoon Yiannis Latsis, who died in 2003.
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Spiro Latsis is the son of Yiannis Latsis and Erietta Tsoukala.
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Spiros Latsis was educated at the London School of Economics where, in 1968, he obtained a bachelor's degree in economics.
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Spiros Latsis went on to pursue his doctorate and obtained a PhD in philosophy from the LSE in 1974.
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Spiros Latsis grew his business into a fleet of ships by the 1960s.
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Spiros Latsis built up a number of business interests in the areas of shipping, real estate, construction and oil, plus banking and finance.
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Spiros Latsis joined the family business initially in the banking arm.
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From 1989, Spiros Latsis became a director of some companies within the EFG Group, the family banking Holding Group, including Private Financial Holdings Limited which became EFG Private Bank Limited in London, and EFG Consolidated Holding SA in Luxembourg.
10.
Dr Spiros Latsis officially assumed the role of Chairman of the EFG Group in 1997.
11.
Spiros Latsis saw his wealth significantly decline during Greece's recession, with stocks of his EFG Eurobank, Lamda Development and Hellenic Petroleum all falling significantly in 2011, but recovered in 2013.
12.
Spiros Latsis invited the President of the European Commission, Jose Manuel Durao Barroso, who had been a student friend at the University of Geneva, to be a guest on his yacht.
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In 2020 Spiros Latsis was officially dropped off by the Forbes world's richest people list.
14.
Spiros Latsis started PrivateAir, a jet charter service with over 50 planes in its repertoire serving affluent European and American travelers, and which he has since sold.