Early Life
Margarita Latsis Catsiapis, born into a family of significant wealth, is the daughter of the late John S. Latsis, a celebrated Greek shipping tycoon. Her father built a vast fortune in the shipping industry, and diversified into banking. Margarita, along with her siblings, inherited this substantial legacy.
Rise to Success
Following her father's death in 2003, Margarita and her siblings inherited the family's vast fortune. The family's assets include significant stakes in EFG International, a Zurich-based private banking group, and shares in Helleniq Energy (formerly Hellenic Petroleum) and the shipyard TALOS. In 2019, the family fortune was split, with Margarita and her brother taking over investments in banking and real estate.
Key Business Strategies
The Latsis family's success is rooted in strategic investments in the shipping and banking sectors. They have a substantial stake in EFG International and have diversified holdings in real estate and energy. The family's approach includes maintaining significant shareholdings in key companies, which allows them to influence strategic decisions. Their holdings also include a 300-passenger private cruise ship.
Philanthropy
Margarita is actively involved in philanthropy through the John S. Latsis Public Benefit Foundation. The foundation supports scientific research, educational opportunities, and the preservation of Greek culture. It also focuses on social welfare initiatives to aid those in need, particularly during the financial crisis in Greece. The foundation's efforts include providing food aid and healthcare services.