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Forbes Daily Briefing

The $100 Million Family-Owned Greek Restaurant Empire Taking On Nobu And Carbone

Forbes Daily Briefing

Forbes

Business, Tech News, News

4.418 Ratings

🗓️ 4 August 2024

⏱️ 5 minutes

🧾️ Download transcript

Summary

Costas Spiliadis’ Milos hospitality kingdom has eleven restaurants from Miami to Dubai, along with yachts for charter and a boutique hotel in Greece. And he remains hungry for new ventures.

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Transcript

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0:00.0

Here's your Forbes Daily Briefing for Sunday, August 4th.

0:05.0

Today on Forbes, the $100 million family-owned Greek restaurant empire taking on Nobu and

0:11.6

Carbon. It's lunchtime. taking on Nobu and Carbone.

0:14.0

It's lunchtime in midtown Manhattan,

0:16.0

an estiatorio Milos is bustling.

0:19.0

Inside the modern Greek restaurant that opened in 1997, a stone well from Crete a

0:23.0

modern Greek restaurant that opened in 1997, a stone well from Crete,

0:25.0

circa 1700, Greet's guests,

0:28.0

and a cascade of whole fish, prons,

0:30.0

and shellfish is displayed on a spotlighted mound of ice.

0:34.0

Emerging from the hum of business diners eating grilled octopus

0:38.0

is Kostas Spiliadis,

0:40.0

the 78-year-old founder of this flagship

0:42.0

and the restaurant empire behind it.

0:45.1

He sits down at a white tablecloth lined place setting and contemplates the freshest selection of the day.

0:51.6

Spiliatus begins to share the story of how he expanded the original

0:55.3

Milos in Montreal into an iconic New York seafood restaurant as well as ten

1:00.2

others spanning from Las Vegas to Dubai.

1:03.0

Four more, including in Palm Beach and Toronto, are nearly open.

1:08.0

In Greece, Spiliatus owns a boutique hotel in Athens,

1:12.0

as well as two yachts available for charter.

1:15.4

Those businesses are only the start of how he has been diversifying his luxury hospitality

...

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