Spiro Latsis & family

$3.54 B

Ranked #1179 in World

About Spiro Latsis & family

Spiros J. Latsis, a prominent Greek billionaire and the progeny of the late business titan Yiannis Latsis, forged a significant presence in the global finance realm, ranking #729 on Forbes' World's Billionaires list in 2018 with an estimated wealth of US $3.2 billion. Born in 1946 to Yiannis Latsis and Erietta Tsoukala, Spiros furthered his legacy through an impressive educational journey at the London School of Economics, culminating in a PhD in philosophy. Under his leadership, the Latsis family empire expanded into a conglomerate encompassing shipping, real estate, oil, banking, and finance sectors, with EFG Bank European Financial Group as its crown jewel. Apart from steering the family's vast business interests, Spiros Latsis contributes to philanthropy, supporting education, scientific research, and culture through the John S. Latsis Public Benefit Foundation and the International Latsis Foundation in Geneva. This embodiment of business acumen coupled with a commitment to social welfare underscores Spiros Latsis's enduring influence in both the finance industry and philanthropic circles.

Born

August 15, 1946 in Athens, Greece

Age

79 years

Source Of Wealth

Banking, Shipping

Industries

Diversified

Citizenship

Greece

Residence

Geneva

Education

Bachelor of Arts/Economics, London School of Economics; Master, London School of Economics; Ph.D, London School of Economics

Spouse

Dorothy Baddeley

Children

Parent

Yiannis Latsis, Erietta Tsoukala

Spiros J. Latsis was born in 1946 to Yiannis Latsis and Erietta Tsoukala. He has two sisters, Marianna and Margarita Latsis. Latsis received his early education in Greece before moving to the United Kingdom to attend the London School of Economics (LSE).

Spiro Latsis & family: Family

Spiros J. Latsis comes from a prominent Greek shipping family. His father, Yiannis Latsis, started building the family fortune in 1938 as a trader and later a ship-owner. By the 1960s, he had grown the business into a fleet of ships and built up a number of business interests in shipping, real estate, construction, oil, banking, and finance.

Spiro Latsis & family: Career Highlights

Latsis joined the family business initially in the banking arm. He became a director of some companies within the EFG Group, the family banking Holding Group, from 1989 and assumed the role of Chairman of the EFG Group in 1997. After his father's death in 2003, he took over the direction of the Latsis Group of companies.

Today, Latsis holds several prominent positions, including Chairman of EFG Bank (the family bank holding company), director of EFG International and Consolidated Lamda Holdings, President of Societe d'Etudes et Economiques in Geneva, and Chairman of several other companies.

Spiro Latsis & family: Companies

The Latsis family's largest holding is EFG Bank European Financial Group in Luxembourg, a private banking group that operates in many jurisdictions. The Group holds over 40% of EFG International listed in Switzerland on the Zurich Stock Exchange, a global private banking group offering private banking and asset management services.

The Latsis family fortune also includes more than 42% in Hellenic Petroleum, a major petroleum player in Southern Europe, through its ownership of Paneuropean Oil and Industrial Holdings S.A. The Latsis group also controls Lamda Development, a real estate group based in Athens.

Spiro Latsis & family: Major Achievements

Spiros J.

Latsis has made significant contributions to the business world and philanthropy. He is credited with expanding the family's business interests and overseeing the growth of EFG Bank into a leading private banking group.

Latsis is also known for his philanthropic efforts. He helps to fund the John S. Latsis Public Benefit Foundation and the International Latsis Foundation in Geneva (with his family). These foundations support various programs in education, scientific research, social welfare, and culture.

Spiro Latsis & family: Awards & Achievements

In recognition of his contributions, Latsis has received several awards and honors. In 2006, he was awarded an honorary doctorate from Witten/Herdecke University in Witten, Germany, for his work in economics.

Spiro Latsis & family: Personal Life & Legacy

Spiros J. Latsis is married with two children. He is known for his passion for art and collecting, and he has a significant art collection that includes works by renowned artists such as Picasso, Monet, and Van Gogh.

Latsis is also known for his philanthropic work and his commitment to social responsibility. He has made substantial contributions to various charitable organizations and causes.

Spiro Latsis & family: Trivia

Spiros J. Latsis is a licensed pilot and enjoys flying. He also has a passion for sailing and owns several yachts.

Wealth History

Timeline

1946

Spiros J. Latsis is born.

1968

Latsis obtains a bachelor's degree in economics from the London School of Economics (LSE).

1970

Latsis receives a master's degree in logic and scientific method from the LSE.

1974

Latsis obtains a PhD in philosophy from the LSE.

1989

Latsis becomes a director of some companies within the EFG Group, the family banking Holding Group.

1997

Latsis assumes the role of Chairman of the EFG Group.

2003

Latsis takes over the direction of the Latsis Group of companies after his father's death.

2006

Latsis receives an honorary doctorate from Witten/Herdecke University in Witten, Germany, for his work in economics.

2012

Latsis transfers around $300 million of his Greek banking stock holdings to various members of the Latsis family and the Foundation.

Spiro Latsis & family : FAQs

What is Spiro Latsis's current net worth?

Spiro Latsis's current net worth is $3.54 billion.

What is Spiro Latsis's current global rank among billionaires?

Spiro Latsis holds the 1179th position globally among billionaires.

What is Spiro Latsis's current ranking within the Greece?

Spiro Latsis holds the 9th position in Greece.

What was the change in Spiro Latsis's net worth compared to the previous year?

Spiro Latsis's net worth decreased by 128.02 million dollars compared to the previous year 2025, when his net worth was 3.67 billion dollars.

What is the recent change in Spiro Latsis's net worth?

Spiro Latsis's net worth decreased by 24.1 million dollars recently, a 0.68% decrease, with his net worth standing at 3.54 billion dollars.

What are Spiro Latsis's main sources of wealth?

Spiro Latsis's main source of income comes from Banking, Shipping.

In which industry does Spiro Latsis primarily operate?

Spiro Latsis is primarily involved in the Diversified industry.

What is Spiro Latsis educational background?

Spiro Latsis holds a Bachelor of Arts/Economics from London School of Economics, a Master from London School of Economics and a Ph.D from London School of Economics.

How old is Spiro Latsis?

Spiro Latsis is 79 years old.

How many children does Spiro Latsis have?

Spiro Latsis has 2 children.

How did Spiros J. Latsis begin his career and what roles does he currently hold?

Spiros J. Latsis initially joined the family business in the banking arm, eventually becoming the Chairman of the EFG Group in 1997 and taking over the Latsis Group after his father's death in 2003. He is currently Chairman of EFG Bank, director of EFG International and Consolidated Lamda Holdings, President of Societe d'Etudes et Economiques in Geneva, among other roles.

What are the key business interests of the Latsis family?

The Latsis family's major business interests include the EFG Bank European Financial Group, EFG International, a significant stake in Hellenic Petroleum, Lamda Development, and formerly owned PrivateAir.

Can you outline Spiros J. Latsis' contributions to philanthropy?

Spiros J. Latsis supports philanthropic efforts through the John S. Latsis Public Benefit Foundation and the International Latsis Foundation, funding programs in education, scientific research, social welfare, and culture, and facilitating scientific awards and conferences.