Short Biography

Latsis is the son of Marianna and Gregory Katsidokostas, a water-ski instructor who created a scandal when he married a princess of Greek society. While the marriage lasted, they were shunned by the Athens elite. Katsidokostas runs a large water-ski school, is the longtime well-respected mayor of the seaside town Vouliagmeni, and became ensnared in a blackmail ring that also pulled in John Latsis, Paris` grandfather. 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.

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. 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. In May 2005, it was announced that Paris Latsis became the fiancé of American socialite, Paris Hilton. In September 2005, the couple broke off their engagement.

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