Sergey Grishin (businessman)

Sergey Grishin (Russian: Сергей Гришин; 21 June 1966 – 6 March 2023) was a Russian-American billionaire,[2] engineer and developer, who was the president and chairman of RosEvro Group.[1] Grishin co-owned the Rosevrobank (aka The Laundromat) and has claimed that he ‘practically brought the Russian banking system to collapse’ in the 1990s after the Soviet Union collapsed by committing ‘the largest bank fraud scheme ever’, orchestrating a $60 billion heist from the Russian Central Bank.

For other people with the same name, see Sergey Grishin.
Sergey Grishin
Born(1966-06-21)21 June 1966
Died6 March 2023(2023-03-06) (aged 56)
Moscow, Russia
Alma materMoscow Institute of Electronics Technics
Occupation(s)Developer, engineer, and President and Chairman of RosEvro Group[1]

Biography

After receiving his degree in Physics, Grishin began his career as an entrepreneur in 1987 by baking cookies and hot dogs in his Moscow apartment for 2 cents apiece and selling them for 10 cents. This was the start of a small business in the retail food industry. Grishin was the chairman of Rosevrobank when it was at the centre of the Russian Laundromat scandal. He later became founding partner of the RosEvro Group, a large consortium of businesses which include National Logistic Company (NLK),[3] the largest Russian logistic company, which was sold to a well known international Logistics Company in 2008.[4]

In 2019 he moved from Santa Barbara to Los Angeles.

Grishin, acquired two mansions in Montecito: In 2008 the mansion named ″El Fureidis″, which prominently featured in the 1983 film "Scarface", and in 2009 the seven-acre site ″Chateau of Riven Rock″ for $25.3 million.[5][6] Grishin sold his stake in Rosevrobank in November 2018.

In June 2020 Grishin sold his mansion ″Chateau of Riven Rock″ to Prince Harry and his wife Meghan Markle for $14.65 million.[7][8][9]

Grishin died in Moscow on 6 March 2023, at the age of 56.[10]

References
  1. "RosEvro Bank". Retrieved 7 September 2010.
  2. Orbach, Meir (2017-09-25). "SGVC Raises a New $50 Million Venture Fund". CTECH - www.calcalistech.com. Retrieved 2020-12-09.
  3. Marina Khovratovich (2006-04-24). "Money-Growing: A Long Way to Go for Warehouse Developers Bank". Vedomosti. Retrieved 7 September 2010.
  4. "The transaction between Itella Logistics and Russian NLC finalized". September 3, 2008. Retrieved 7 September 2010.
  5. "The Chateau of Riven Rock, Montecito On Sale for $49,5 Million". eXtravaganzi. 2015-05-03. Retrieved 2020-12-09.
  6. McClain, James (2020-08-13). "Meghan Markle, Prince Harry Buy $14.7 Million Montecito Compound". Variety. Retrieved 2020-12-09.
  7. "Details about Prince Harry and Meghan Markle's sprawling estate in Santa Barbara". International Business Times UK. 2020-08-14. Retrieved 2020-12-09.
  8. ‘Scarface’ Oligarch Chronicles – Billionaire Sergey Grishin
  9. From Russia With Hate: The ‘Scarface’ Legal Fight, ‘Assassin’ Lawyers & More Pierce Bainbridge Drama
  10. "Sergey Grishin, 'Scarface Oligarch' who sold Prince Harry and Meghan Markle their Montecito house – obituary". The Telegraph. 13 March 2023. Retrieved 14 March 2023.
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