Billionaire Profile
Spiro Latsis & family
Global Rank
#1177

Image: Unknown Author | CC0 | via Wikimedia Commons

Spiro Latsis & family

CEO, Banking
GREECE
Real-Time Net Worth
$3.678B
Estimated based on Banking stock value as of April 20, 2026
-1.05% (24h)
Age
79
Source
Banking, shipping
Industry
finance-investments
Citizenship
GREECE

Biography

Spiro Latsis, born in 1946, is a Greek billionaire businessman whose wealth stems from banking and shipping. He inherited a fortune built by his father, John S. Latsis, a shipping magnate. Spiro Latsis is known for expanding the family's business interests, particularly through EFG Group, a global private banking organization. He holds a PhD in philosophy from the London School of Economics and is a trustee of Princeton University's Institute for Advanced Study. Latsis, along with his family, is also involved in philanthropy, supporting education, scientific research, and cultural preservation through the John S. Latsis Public Benefit Foundation and the International Latsis Foundation.

Fact Checked
Verified by Editorial Team
Live Data
Updated 4/20/2026

Wealth Over Time

In-Depth Profile

Early Life

Spiro Latsis was born in Athens, Greece, in 1946. He is the son of Yiannis (John) Latsis, a self-made shipping magnate. His early life was rooted in Greece, and he received his secondary education at Athens College.

Rise to Success

Latsis pursued higher education at the London School of Economics (LSE), where he earned a Bachelor of Science degree in economics in 1968, followed by a Master of Science in logic and scientific method in 1970, and a PhD in philosophy in 1974. He joined the family business, initially in the banking arm, and later became chairman of the EFG Group in 1997.

Key Business Strategies

Spiro Latsis has been instrumental in the family's diversified holdings, particularly in banking and shipping. He is the chairman of EFG Group, a global private banking organization, and he also holds significant stakes in Hellenic Energy (formerly Hellenic Petroleum), and real estate developer Lamda Development. Latsis focused on fleet renewal and diversification in the shipping sector and expanded the family's energy interests.

Philanthropy

Spiro Latsis is actively involved in philanthropy through the John S. Latsis Public Benefit Foundation and the International Latsis Foundation in Geneva. These foundations support education, scientific research, social welfare, and cultural initiatives. The Latsis Foundation awards prizes for scientific contributions and supports various projects. In 2012, he transferred a portion of his Greek banking stock holdings to family members and the Foundation.

Career Milestones

1968

Education

Earned a Bachelor's degree in Economics from the London School of Economics.

1974

Education

Received a PhD in Philosophy from the London School of Economics.

1997

Chairman of the EFG Group

Assumed the role of Chairman of the EFG Group, a global private banking organization.

2003

Took over Latsis Group

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

Philanthropy & Social Impact

Education, Research, Social Welfare, Culture

John S. Latsis Public Benefit Foundation

Undisclosed

Supports programs in education, scientific research, social welfare, and culture.

Science

International Latsis Foundation

Undisclosed

Funds scientific awards and conferences.

Social Welfare

It is Our Duty Social Solidarity Program

Undisclosed

Provides relief to those hit hardest by the financial crisis in Greece.