Spiros Latsis’s net worth over time
Only dates with a published estimate are shown. Nothing is filled in between. Tap or hover a bar to see the source.
See the numbers as a table
| Date | Estimate | Source |
| 2016 | $2 billion | Forbes World's Billionaires List 2016 |
| 2017 | $1.9 billion | Forbes World's Billionaires List 2017 |
| 2018 | $3.2 billion | Forbes World's Billionaires List 2018 |
| 2019 | $2.7 billion | Forbes World's Billionaires List 2019 |
| 2023 | $1.5 billion | Forbes World's Billionaires List 2023 |
| 2024 | $2.2 billion | Forbes World's Billionaires List 2024 |
| 2025 | $2.7 billion | Forbes World's Billionaires List 2025 |
| 2026 | $3.9 billion | Forbes World's Billionaires List 2026 |
| Oct 2026 | $3.8 billion | Forbes Real-Time Billionaires · Forbes real-time estimate |
Where the money comes from
These are the main sources of wealth named in the reporting we cite. No published source breaks the total into exact amounts, so we do not show percentages.
Spiros Latsis’s fortune in real-life terms
Based on the Forbes Real-Time Billionaires estimate above. Median full-time U.S. pay is $65,416 a year ($1,258 a week, BLS, Q2 2026), before taxes. Typical (median) U.S. family net worth is $216,100 (Federal Reserve, 2025 Survey of Consumer Finances).
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Spiros Latsis has an estimated net worth of $3.8 billion, according to Forbes Real-Time Billionaires, Spiros Latsis profile (figures as of October 20, 2026). That is up from $2 billion in 2016.
Spiros Latsis is a Greek business figure tied to banking, shipping, oil, and real estate. He studied at the London School of Economics, earning degrees in 1968, 1970, and 1974. He first joined the family business through its banking arm. From 1989, he became a director at companies in the EFG Group. In 1997, he officially took over as chairman of the EFG Group, a key step in his rise inside the family enterprise.
His wealth comes from the fortune built by his father, John S. Latsis, and later inherited by Spiros Latsis and his sisters. After his father died in 2003, he took over the direction of the Latsis Group of companies while remaining chairman of EFG Bank. He also became a director of EFG International and Consolidated Lamda Holdings. Forbes says his current net worth is $3.8 billion on its real-time billionaires tracker as of October 20, 2026.
How Spiros Latsis built his fortune
Latsis did not create his wealth from scratch. Forbes says he inherited the family fortune with his siblings after the death of his father in 2003. The family money was built through shipping, then expanded into banking, oil, real estate, construction, and finance. Latsis entered the business through the banking side and later moved into senior leadership roles across the group, including EFG-related companies in London, Luxembourg, Monaco, and Athens.
His money today is tied to a mix of long-held business stakes. After the family fortune was split in 2019, Latsis and his sisters kept investments in banking and real estate. Those holdings include stakes in EFG International and Lamda Development. Alongside his sisters, he also owns shares in Helleniq Energy and shipyard TALOS. Over time, he also held leadership roles at EFG International, Paneuropean Oil and Industrial Holdings, and other companies connected to the family group.
Forbes net worth over time
Forbes has tracked sharp swings in Latsis' fortune across the last decade. It put him at $2 billion in 2016, then $1.9 billion in 2017 before a jump to $3.2 billion in 2018. The estimate moved down to $2.7 billion in 2019. In the family business, that period came after years when the group had major exposure to banking, real estate, and energy, sectors that can move with markets and economic conditions.
The Forbes estimate later dropped to $1.5 billion in 2023, then rose to $2.2 billion in 2024 and $2.7 billion in 2025. Forbes ranked him at $3.9 billion on its 2026 World's Billionaires list. Its real-time tracker then showed $3.8 billion in October 2026. The same broad sources of wealth stayed in place: inherited holdings in banking, shipping, oil, and real estate, plus the 2019 split of family assets among the siblings.
Career and money timeline
- 1968
He earned a bachelor's degree in economics from the London School of Economics.
- 1970
He completed a master's degree in logic and scientific method at the London School of Economics.
- 1974
He received a PhD in philosophy from the London School of Economics.
- 1989
He became a director of companies within the EFG Group.
- 1997
He officially became chairman of the EFG Group.
- 2003
After his father died, he took over direction of the Latsis Group.
- 2026
Forbes' real-time tracker listed his wealth at $3.8 billion in October 2026.
Spiros Latsis net worth FAQ
What is Spiros Latsis's net worth?
Spiros Latsis's net worth is an estimated $3.8 billion, according to Forbes Real-Time Billionaires, Spiros Latsis profile (October 20, 2026). It is an estimate, not an official figure.
How did Spiros Latsis get so rich?
The main sources named in the reporting we cite are: Banking, shipping.
Is Spiros Latsis a billionaire?
Yes. Forbes Real-Time Billionaires estimates Spiros Latsis is worth $3.8 billion.
How has Spiros Latsis's net worth changed?
The earliest published estimate we track is $2 billion (2016, Forbes World's Billionaires List 2016). The latest is $3.8 billion (October 20, 2026).
What companies are linked to Spiros Latsis' wealth?
His wealth is tied to stakes in EFG International, Lamda Development, Helleniq Energy, and TALOS. He has also held roles in EFG Bank and Paneuropean Oil and Industrial Holdings.
Did Spiros Latsis build his fortune himself?
No. Forbes says he inherited the family fortune after the death of his father, John S. Latsis, alongside his siblings.
Sources
- Forbes Real-Time Billionaires, Spiros Latsis profile (October 20, 2026)
- Forbes World's Billionaires List 2016, Spiros Latsis profile (March 2016)
- Forbes World's Billionaires List 2017, Spiros Latsis profile (March 20, 2017)
- Forbes World's Billionaires List 2018, Spiros Latsis profile (March 6, 2018)
- Forbes World's Billionaires List 2019, Spiros Latsis profile (March 5, 2019)
- Forbes World's Billionaires List 2023, Spiros Latsis profile (April 4, 2023)
- Forbes World's Billionaires List 2024, Spiros Latsis profile (April 2, 2024)
- Forbes World's Billionaires List 2025, Spiros Latsis profile (April 2025)
- Forbes World's Billionaires List 2026, Spiros Latsis profile (March 10, 2026)
- U.S. Bureau of Labor Statistics, Usual Weekly Earnings (Q2 2026) (July 2026)
- Federal Reserve, 2025 Survey of Consumer Finances (median family net worth, Table 4) (October 2026)
- Background facts: Wikipedia, Spiros Latsis (accessed October 23, 2026). Used for career facts only, never for figures.
Photo: Friends of Europe, CC BY 2.0, via Wikimedia Commons.
Every number on this page is an estimate published by the source named next to it. We never fill in years with our own guesses. How we handle estimates.