... earned:
This session: ...
Per second: ...
← Back to list
👤
#1190

Spiro Latsis & family

Source of wealth: Banking, shipping

Net Worth

...

Earnings per second

...

The scale of their wealth

🏥

Health

The price of life

Let's compare Spiro Latsis & family's fortune with the healthcare spending of a massive country

Spiro Latsis & family could fund the entire healthcare system of DR Congo, with a population of over 105,800,000 people, for approximately 1.6 years.

But even if we compare their fortune with that of a rich country

On the other end, Spiro Latsis & family could cover the healthcare spending of Luxembourg, considered the most heavily funded healthcare system in the world, for 0.7 years.

📚

Education

Buying the future

Let's also compare their fortune with education spending, first with a poor country

Spiro Latsis & family could cover the total cost of Nigeria's education system, the most populous country in Africa with over 243,000,000 inhabitants, for 1.1 years.

And yes, we can also compare it with a rich country

But they couldn't just cover the cost of a poor country; Luxembourg is considered the country with the highest per capita investment in education in the world, and Spiro Latsis & family could pay for it entirely for 1.4 years.

🔬

Research

The monopoly on progress

Coming full circle, we think it's also interesting to add another gigantic country

Spiro Latsis & family could fully fund the state research budget of Pakistan, the fifth most populous country in the world with over 260,000,000 inhabitants, for 6.1 years.

And of course, the country that invests the most per capita worldwide

But even if we compare the total wealth of Spiro Latsis & family with Israel, the country that invests the most per capita in research in the world, they could cover the total cost of the system for 0.1 years.

While billions of people struggle to access basic healthcare, education, and research, a single individual could fund entire national systems for centuries.

Gold

Everyday luxuries

Gold bar

Spiro Latsis & family's fortune is equivalent to 25 tons of gold. It's hard to process, since we don't usually keep a handful of gold bars in our piggy banks.

Gold rings

A standard gold ring usually weighs between 4 and 7 grams. Let's say this one weighs 5 grams. It's usually 18 karats.

Based on today's gold price (excluding the jeweler's commission, shipping, or anything else), that ring would be worth $546.86.

Spiro Latsis & family could buy 6,581,785 gold rings. That's a lot of fingers and way too many gifts!!

And if you're struggling to visualize that many rings, it would take 1 trucks to transport them. Although Spiro Latsis & family will almost certainly have enough money left over to pay for the gas.

🚚

Biography

Spiro Latsis inherited the fortune of his late father, Greek shipping tycoon John S. Latsis (d. 2003) alongside his siblings Marianna and Margarita.

The siblings split up the family fortune in 2019, with John and Margarita taking over the investments in banking and real estate.

John and Margarita own stakes in Zurich-based private banking group EFG International and Greek real estate developer Lamda Development.

Alongside his sisters, John also owns shares in oil company Helleniq Energy and shipyard TALOS.

Latsis is a three-time graduate of the London School of Economics and a board trustee of Princeton's Institute for Advanced Study.

Financial Assets

Exchange
SIX SWISS
Ticker
EFGN-CH
Company
EFG International AG
Exchange
ATHENS
Ticker
ELPE-GR
Company
Hellenic Petroleum S.A.
Exchange
ATHENS
Ticker
LAMDA-GR
Company
Lamda Development S.A.

Monthly wealth history

Fortune comparison

Historical data not available for comparison

Modules

Share

𝕏 Share on X 💬 Send via WhatsApp ✈️ Send via Telegram f Share on Facebook