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

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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[@user-rr1zt5go4q]

That's why Greeks like Costas are the best at business. To Greeks, business is more than a business. Investors and 'Corporates' waffle on ad nauseum about 'family values' and 'organic growth', but we know they don't mean it. They are what I call Red Lobsters. They have a hedge funder's attitude to everything. If I lived in the US, or anywhere there's a Milos restaurant, that's where I'd choose to eat. Thank you Costas & family, and thank you Forbes !

[@TheOtherKine]

What the heck you talking about???? Have you looked at the prices of their dishes? LMAO

[@history_repeats8201]

@@TheOtherKine You have to look at the total value of the experience, If you want cheap there many other options. The prices at Nobu and Carbone are about the same or I would say more. So Milos actually is very competitive. But, dont take my word, look at the numbers. 100 million revenue!! Greeks know how to run family business. Just look what they have done to the shipping sector!!!

[@TheOtherKine]

@@history_repeats8201 You literally described them as being equal to Nobu and Carbone, and listed hedge funds and such investors and large corps. How do you think Nobu got his start to get to be so big, and who eats at them places??? LMAO!!!! Sure, the food is OK at best, but the prices do not justify what ANY of these people serve, when there are hundreds of thousands of smaller, independent restaurants that are just as good if not better, just because they are not pretentious expensive drivel such as these high-flaunting places

[@jer.milasot95]

@@TheOtherKine I agree with you. Even if i was a multimillionaire i would maybe go once to one of these high end dining places. It's ridiculous to me to pay 300 for one bite, despite how tasty it is (although as i can see in google, Milos is way cheaper than that with somewhat reasonable portions). Doesn't matter if i am filthy rich, i enjoy food and there are thousands of places with really tasty food, big portions at normal cheap prices. I won't pay for food 20x higher for no reason. On the other hand though, that's just me and my thought process. You can't judge other people for choosing to eat at these restaurants. They are rich and they can waste their money on whatever they want. Same with clothing, some spend 2k for a t-shirt when you can buy one for 20 dollars. Some spend thousands on Apple products. People tend to pay for overpriced things all the time, when their real value is way lower

[@joerinaldi207]

Best crooks

[@user-qs8di8bx5d]

Congratulations Costas!!! You deserve all your success and attest to your excellence!!! We have been loyal customers since the early days on Park Avenue, Montreal Maria & Gino Accurso👏👏👏

[@filipos7459]

Μπράβο Κώστα

[@jpaleas]

A few years ago I I visited Milos restaurant in Las Vegas when it was located at the cosmopolitan and had Lavraki flown in from Greece. I could taste the Greek sea ! An unforgettable experience! Φαγητό, ατμόσφαιρα, φιλοξενία ! Μια από τις καλύτερες φίρμες εστιατορίων !

[@peterkogl1329]

Excellent. Simply excellent.

[@Nshandles88]

Respect to you Sir.

[@bellagrace947]

I look forward to visiting those restaurants and yachts!! I love Greece! ❤🎉🍾

[@___beyondhorizon4664]

I prefer Greek island hopping by Greek ferry

[@javansarmiento7151]

I just ate there in Vegas, I enjoyed it, fish was deliciously fresh like I remember in Greece

[@melissagariepy1320]

They make amazing fresh food and pairing wines. I hope they keep the high quality with their expansion. Best of luck to them!

[@DrRichardMarques]

Milos in London is a wonderful place! ⭐️

[@elfreakdafreak5576]

My biggest respect goes out to kostas bravo kosta megalo respect megale

[@stargazer3887]

Αχ, η ελληνική ψυχή! ❤🧿🌹🐬

[@AvrArv]

H psyxh den exei ethnikothta! Einai eite kalh eite kakh.

[@history_repeats8201]

@@AvrArv Why you are so jealous and hateful towards the Greeks? What did they do to you?

[@Moonpie657]

Never knew this . Bravo ! ❤ Now I will visit the restaurant !

[@yannivlachos]

Bravo Costas! merveilleux votre travail!

[@billparsons7765]

First class ! Great business mind and a true success story.

[@Manny_K18]

Integrity can not be purchased.

[@fotigou]

Γεια σου πατριώτη! 🇬🇷 🇺🇸

[@heracles89]

Love Milo’s in London

[@Mprer]

We Greeks know how to make money. We work hard it’s that simple. Whatever it is.

[@AvrArv]

What hypocrites

[@Pete-uo1ei]

There are indeed many Greeks living outside Greece who made good money by hard work. In Greece however those who have money are typically linked to the government, or have made their money by not very „transparent „ means….

[@jimuploaderGR]

Greeks outside Greece yes . Greeks inside Greece still drink momma milk till 45 years old . I’m Greek btw

[@history_repeats8201]

@@Pete-uo1ei Although this may be true for many, you cannot generalize. I know many Greeks who made money in Greece the old fashioned way.

[@vask3863]

@@Pete-uo1ei You are very wrong! It's not different than anywhere on earth of creating money. It's just the business taxes, that are especially high, in comparison to other EU countries. Creating a new business is difficult than in other countries. But when you ones established it and it runs, you are fine. That's my personal experience in Greece.

[@SoCalFreelance]

Good to hear Costas is keeping the private equity vultures at bay.

[@mariohadjiyianni6815]

Cant wait to eat at his restaurants !! I love family inspired foods. I am Greek Cypriot and as a young family we spend a lot of time on our food quality and solid ingredients. Good restaurants are difficult to find.... Looking forward to eat at Milos !

[@G-RAMIREZ]

Major respect!!

[@memykios7160]

Μπράβο κ. Κώστα.

[@pantag2]

Bravo re megale. Oreos, sinxaritiria!

[@passionatesingle]

So great to hear his success story. Lets hope he keeps it real and realises that empires fall hard at times so don't over expand.

[@relighg]

That's a good mindset because what I noticed with corporate direct companies, there's a tremendous pressure to drive revenue and that can sometimes take toll on your staff, corporate management and even customers feel that.

[@georgekonstantaras3363]

Congratulations to the family!

[@Starman3539]

I am so happy when I read that a Greek family is doing well. I wish you good fortune. Let's keep the blue and white in our hearts.

[@angietyra9690]

WOW! Makes me happy!

[@AndreasBelivanakis]

Great video. But the island of Milos is not too touristy, at least not yet.

[@bellagrace947]

Great story! As a world-wide travel writer, I will check it out!

[@randywhite1730]

Portions are small these days and expensive for no reason as well as overrated.

[@pallourkotissa6550]

We need a Myles in Sydney

[@thanhattran9990]

this restaurant is very fine to me , fresh and delicious not like some in pari s :)

[@antoniskalakonas1876]

I guess we have another example of capitalism done right here...If I could get a share or even a job with this business, I would do so. Some people think that gambling with stock trading is how you are supposed to make money in capitalism. Apart from the fact that in gambling the House ALWAYS wins (and we are not the House), this is the kind of business that will persevere even through hard times.

[@C_R_O_M________]

You just contradicted yourself with that comment. First you wondered whether you could own a share of this business and then you maintained that involvement with stocks is gambling and trading (which is not). It's like you said, owning a piece of a business which YOU choose to be part of. Capitalism allows you to do that and that's great. BTW, I live from this (and I'm not a trader!).

[@antoniskalakonas1876]

@@C_R_O_M________ My comment is based on my understanding that it is possible to own part of a business as a shareholder without the business itself being publically traded. If I understand this wrong, please let me know and I will edit my comment accordingly. Also, congratulations on making a living out the current financial system, I am happy for you and wish you continued success.

[@amprojects8]

Thank you

[@derekmorse9951]

Go anywhere in Greece and it's a quarter of the price and fresher fish🤷🏾🤣

[@markludan3121]

Thank you 😮

[@chikanojuarez816]

👏👏👏👏

[@konstantinossevli3107]

Bravo Costas

[@rongeorge574]

he should take over the Red Lobster chain in bankruptcy

[@C_R_O_M________]

These moves are very risky and very very complex. Management-wise.

[@linobenetti6578]

just passed outside his first resto park avenue montreal he was known for being passionate about fish plus he is not like all these poor devils poverty striken civil war striken greeks that left greece right after the end of world war ii to come to north america and open agreasy spoon joint ...( with all due respect to all these hard working people ofcourse) Konstantin is a cosmopolitan and an educated man....a true citizen of rhe world

[@Theta_Pi]

Ωραια εικονα εχουν εξω για τους Έλληνες.... με εξαίρεση τον κ. Σπηλιαδη που ειναι πλουσιος πλεον. Ελπιζω να μην ειναι αυτη η γενικη εικονα

[@phong911gt3]

All three can exist since they’re not the same cuisine.

[@BlackJesus8463]

fuzion

[@dinovass9822]

Bravo sou!

[@georgekoutsis9351]

Bravo file

[@First1ToComment]

Nice 🎉🎉

[@rixter69]

Bravo!

[@assizetech9059]

no offense Forbes but video with just pictures...?

[@gplusgplus2286]

Yup, organic growth with no external shareholders and rush for quarterly results. Thats how many German household names do it, now at 7th or 8th generation, thats how UK's JCB does it and how the Mars family does it.

[@ronnianabalos4627]

❤

[@florencemcconnell9121]

Milos in the Athens Hilton is a shadow of what it once was. I loved going there. It was excellent, the ingredients that were used were truly wonderful, but now it is unfortunately merely overpriced and sadly mediocre. A forewarning tale of expanding one's empire to the extent that without the right management and care taken in sourcing the very best ingredients, things can and truly do go downhill ....

[@C_R_O_M________]

The Athens Hilton is no more. It's under a new management (Conrad) and the building is undergoing renovations.

[@Alle8ia]

Been to the park ave one in the late 70s.

[@Anastasis-is-here]

This is why Greeks have bigger fortunes than even people from G7 countries ❤

[@BlackJesus8463]

Sounds like a lot of work. 😅😅

[@___beyondhorizon4664]

I guess Gordon Ramsay is not on the top list? Im not his fan, but i thought hes doing well. I watched his NG world food tour and the ITV food travel with Gino and Fred. I admire the Greek shipping and ferry industry than Greek restaurants. Greek ferry made island hopping fun. The Minoan line from Venice to west Coast Greece was an relaxing journey.

[@bowerthomas1078]

Sounds like Truett Cathy

[@Dividendflywheel]

Yea.

[@TheCriticFromSouth]

What a weird narration. It sounds like bad AI.

[@Barneysmit]

Overpriced and disingenuous waiter practices. We asked for individual fish dishes the waiter insisted on bringing small plates of different fish. We left hungry. There are much better and affordable Greek restaurant choices, Avra being the best.

[@kostasp1137]

👏

[@DreamAgainNetwork]

🫡💎📈

[@ansonfood12]

Bro couldn’t use actual video?

[@makispapa5867]

This does not represent greek cuisine whatsoever

[@SofokleiaTheodoksoglouHere]

😮💪👍😎

[@user-hr7oq2tr1b]

65 dollars a pound, fish. 😢 See how they got millions 😮

[@AvrArv]

Even food is under their control...

[@history_repeats8201]

@@AvrArv Dont worry, they left McDonalds for you so you will not starve :)

[@AvrArv]

@@history_repeats8201 let me guess: greek??🤣🤣

[@corneliuscornia3189]

​@@AvrArv😊😊

[@C_R_O_M________]

Do you ask how much is the overhead of that place, the taxes, the suppliers' pricing, the government-induced inflation? You sound like someone who has never run a business.

[@salvatoredinunzio4137]

Probably millions pesos. 😂 Never heard that a restaurant would worth that much money

[@user-lm6me2tz9t]

A) The video said that it is more than 10 restaurants. B) It is not the kinds of places that you and me could afford to eat.

[@joelguillermoornelas4282]

Muy caro para lo que es, no vuelvo. Carísimo! No costoso carísimo!!!

[@C_R_O_M________]

Very expensive for you! Understandable!

[@jerrycorrado5022]

Very expensive for what you get. Service is pompous, and smug.

[@user-rc9do4zn9w]

%60 of diners were Greek Owned , Greece has thousands of years of food experience including during famines and disasters, the Greek diet sources from the top of the mountain to the bottom of the sea frome meat to vegetarian and in one month you can eat different everyday, wheras you cant do that with asain of pasta italian its too monotonous even though they have a variety of sauces. And that is another difference with Greek food it has minimal herbs and spices because they question what are you trying to hide with all the spices?

[@TheOtherKine]

We don't need them to take on anyone, the ocean are DEPLETED.

[@alking6633]

Rip Off for okay food. This is A Paid Advertisement 😮

[@karlwalter2242]

Yeah 100mil selling fish 🐟,ok 😂

[@BlackJesus8463]

But its Greek fish tho!

[@tsifty1]

He charges a lot cause he keeps a higher end clientele. Plus the big shots love to go there and wine and dine their secretaries if you know what I mean,

[@tpop3723]

Somewhat overrated and a bit pretentious.

[@ronnianabalos4627]

❤

[@ronnianabalos4627]

❤