| One of the few academics on this list, Latsis has a PhD from the London School of Economics and his knowledge of economic theory and behaviour is widely respected. He appears here by virtue of both birth and ability. His father, John Latsis, was a Greek shipping tycoon who lived for many years in London in a vast house next to St James's Palace until his death last April. Spiro, 57, spends most of his time in London, although he often visits Geneva to keep an eye on his family's extensive banking interests. Its biggest holding is in EFG Bank Group, a private bank that operates in London, Geneva and Monaco and merged with a Spanish bank last year. The Latsis Group, the main family business, recently took a stake worth over £300m in the Greek oil refiner Hellenic Petroleum. With extensive other assets including ships and a large property portfolio, Latsis and his family are valued by Forbes magazine at £2.4 billion. We are more cautious and settle for £2.1 billion.
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