In 2006, Dr. Spiro J. Latsis, a Greek businessman, with a fortune of US$9.1 billion[1], was ranked 51st by Forbes on the World's Billionaires list. He is the son of the Greek shipping magnate, John Latsis, who died in 2003.
The family's largest holding is its EFG Bank European Financial Group, a banking conglomerate with private banking operations in many jurisdictions.
Spiro Latsis graduated with a PhD in philosophy from the London School of Economics. The Latsis family fortune, managed by Spiros Latsis, includes more than 40% in EFG Eurobank Ergasias, the Greek arm of his Swiss EFG Group and more than 30% in Hellenic Petroleum, the major petroleum player in the Balkans, through his ownership of Paneuropean Oil and Industrial Holdings S.A. Latsis group also controls PrivatAir, a large private jet owner and operator and Lamda Development, a real estate group based in Athens. Lamda Development projects include "The Mall" complex in Athens, which opened in 2005.
Latsis invited the President of the European Commission, José Manuel Barroso, who had been a student friend at the London School of Economics, to be a guest on his yacht. In 2005 the British MEP Nigel Farage requested that the European Commission disclose where individual Commissioners had spent their holidays. The Commission did not provide the information requested, on the grounds that Commissioners had a right of privacy. The German newspaper Die Welt reported where and when the President of the European Commission, José Barroso had spent his holiday. It emerged soon afterwards that this had occurred a month before the Commission approved €10.3 million Greek state aid for Latsis' shipping company, an approval given by the previous European Commission, before Mr Barroso succeeded to that post [2].
In 2006 Mr. Latsis received an honorary doctorate from Witten/Herdecke University in Witten, Germany.
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See also
Publications
- Latsis, S. Situational Determinism in Economics The British Journal for the Philosophy of Science 1972 23, pp.207-45
- Latsis, Spiro J. Ed. Method and Appraisal in Economics Cambridge University Press 1976 ISBN 0521210763
- Latsis, S.J. The role and status of the rationality principle in the social sciences in Epistemology, Methodology and the Social Sciences R.S.Cohen & M.W.Wartofsky (Eds) Dordrecht: Reidel 1983
External links
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