Spiro J. Latsis was born on the 1st January 1946. in Athens, Greece. He is a Greek businessman, entrepreneur and philanthropist, with the main source of his net worth being the presidential spot of the string of companies known as Latsis Group. Under its name are the EFG International banking group and Paneuropean Oil and Industrial Holdings, which consists of Hellenic Petroleum Company. He has been active in biusiness since 1970.
Have you ever wondered how rich Spriros Latsis is? According to sources, it is estimated that Spiros Latsis’s overall net worth is $2.3 billion, an amount earned through his successful business career now spanning over 45 years, and which makes him the second richest person in Greece.
Spiros Latsis Net Worth $2.3 Billion
Spiros was born into a wealthy family, as his father was the Greek tycoon Yiannis Spiros, who died in 2003, who had built up his fortune starting with shipping business and later expanding it to banking and the oil industry. Regarding his education, Spiros graduated from the prestigious London School of Economics, with a Bachelors degree in Economics, continuing to obtain his Masters degree in logic and scientific method in 1970, and then his PhD in philosophy in 1974 from the same institution.
His professional career began even before he obtained his masters degree, as he has become involved in one of the Latsis Group companies. However, in 1989 Spiros became more involved in his father`s business, becoming president of the string of companies inside the EFG group, however, by 1997, he had become the chairman of the whole group, increasing his net worth considerably along the way.
His father`s death in 2003 marked a beginning of a new era for Spiros, as he became president of the entire Latsis Group.
Overtime, Spiros has increased his net worth by expanding his area of expertise to real estate business. He formed the Lamda Development group, obtaining large building projects such as The Mall Athens and Golden Hall Mall. Furthermore, Spiros has also expanded his net worth by founding the airline company PrivateAir, which at its height consisted of over 50 planes, which he eventually sold, to again boost his overall net worth even more.
Latsis is also recognized for his philanthropic work; he started the charity organization John S. Latsis Public Benefit Foundation, which funds educational programs and cultural events.
Furthermore, he also funds the International Latsis Geneva Foundation, which is a promoter of several conferences at the Swiss Polytechnic Institutes and at University of Geneva and also several scientific events and corresponding awards.
Overall, Spiros Latsis is a successful businessman, and currently the second wealthiest Greek alive. Over the course of his career, he has been rewarded with numerous accolades for his contribution to the world; he is a member of the American Economic Association and Advisory Board of the London School of Economics Hellenic Observatory, among others. Furthermore, he is a Trustee of the Institute for Advanced Study in Princeton, New Jersey.
Regarding his personal life, Latsis is married to Dorothy Bradley with whom he has two children. Spiros has two sisters, Marianna and Margarita, who serve as directors of his philanthropic foundations.
