the latsis family fortune, managed by spiro latsis, includes more than 42% in hellenic petroleum, a major petroleum player in southern europe, through its ownership of paneuropean oil and industrial holdings s.a.. the latsis group also controls lamda development, a real estate group based in athens. lamda development projects include the mall athens, which opened in 2005, and golden hall mall, also in athens. latsis also started privateair, a jet charter service with over 50 planes in its repertoire serving affluent european and american travelers, and which he has since sold.