Get Rich City - Spiro Latsis

Spiro Latsis

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Spiro Latsis is a Greek businessman and one of the world's richest people, in 2006 ranked 51st by Forbes on the World's Billionaires list at $9.1Billion.The family's largest holding is its EFG Bank Group, a large banking conglomerate with private banking operations in Monaco, the United Kingdom and Switzerland. The group's subsidiaries include the publicly traded EFG Eurobank-Ergasias. Merged with the Sandoz family's Banque Edouard Constant last year, becoming the majority shareholder. Sold its oil refining concern for a stake in Hellenic Petroleum, a large European oil refining and distribution outfit.

Friend of European Commission President Barroso, whom he invited on a €25,000 trip on his luxury yacht. His bank enjoyed a lucrative contract with the European Commission.

Spiro Latsis lives in London and Switzerland.

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