Biography
Latsis is the son of Marianna Latsis and Gregory Kasidokostas, a water-ski instructor. Kasidokostas runs a large water-ski school and is the mayor of the seaside town Vouliagmeni. His mother, Marianna, is a major philanthropist who donated funds for Greek earthquake relief and the Athens Olympics.
When his grandfather died in 2003, his fortune was estimated as the 101st largest in the world. Eventually the Latsis family expanded into banking, oil refining and real estate. Forbes magazine recently estimated the Latsis family fortune at US $7.5 billion – placing them at No. 54 on the magazine's list of the world's richest people.
Read more about this topic: Paris Latsis
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