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PARIS LATSIS BIOGRAPHY


 
Paris Latsis

Paris Latsis (born Paris Kasidokostas on 8 August 1979) is a Greek shipping heir, the son of Grigoris Kasidokostas, the Mayor of the seaside Athens suburb of Vouliagmeni, and Marianna Latsis, and grandson of Yiannis "John S." Latsis. When his grandfather died in 2003, his fortune was estimated as the 101st largest in the world.

His inherited name is Paris Kasidokostas, not Latsis, and according to his father's own statements to the Greek media, his paternal name is his official name. However the surname Latsis is preferred by the international media, due to its simplicity.
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While US Media reports indicate that Paris himself is one of the world's richest people, this information is inaccurate, evidenced by the Forbes.com-compiled lists. While his uncle, Spiro Latsis, is listed in the lists as controlling the collective John Latsis estate, the bulk of the fortune is Spiro's own. Greek tradition dictates that one's estate is distributed in descending order from the oldest male heir -- which would put Paris low on the list. However, even if the John Latsis estate of $3.3 billion were to be evenly distributed, Paris' inheritence would not be high enough to include him in the Forbes list.

In May 2005, it was announced that Paris Latsis became the fiancé of American socialite, Paris Hilton. As of September 30th 2005, he and fiancée Paris Hilton have broken off their engagement.
 
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