Sergey Grishin (russian: Сергей Гришин; born 21 June 1966) is a Russian-American billionaire,

engineer Engineers, as practitioners of engineering, are professionals who invent, design, analyze, build and test machines, complex systems, structures, gadgets and materials to fulfill functional objectives and requirements while considering the limit ...

and

developer Developer may refer to: Computers * Software developer, a person or organization who develop programs/applications * Video game developer, a person or business involved in video game development, the process of designing and creating games * Web d ...

, who was the

president President most commonly refers to: *President (corporate title) * President (education), a leader of a college or university * President (government title) President may also refer to: Automobiles * Nissan President, a 1966–2010 Japanese ...

and chairman of RosEvro Group. Grishin co-ownerd 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 The Soviet Union,. officially the Union of Soviet Socialist Republics. (USSR),. was a List of former transcontinental countries#Since 1700, transcontinental country that spanned much of Eurasia from 1922 to 1991. A flagship communist state, ...

collapsed by committing ‘the largest bank fraud scheme ever’, orchestrating a $60 billion heist from the

Russian Central Bank The Central Bank of the Russian Federation (CBR; ), doing business as the Bank of Russia (russian: Банк России}), is the central bank of the Russian Federation. The bank was established on July 13, 1990. The predecessor of the bank can ...

Biography

After receiving his degree in

Physics Physics is the natural science that studies matter, its fundamental constituents, its motion and behavior through space and time, and the related entities of energy and force. "Physical science is that department of knowledge which r ...

, Grishin began his career as an entrepreneur in 1987 by baking cookies and hot dogs in his

Moscow Moscow ( , US chiefly ; rus, links=no, Москва, r=Moskva, p=mɐskˈva, a=Москва.ogg) is the capital and largest city of Russia. The city stands on the Moskva River in Central Russia, with a population estimated at 13.0 millio ...

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), the largest Russian logistic company, which was sold to a well known international Logistics Company in 2008. In 2019 he moved from Santa Barbara to

Los Angeles Los Angeles ( ; es, Los Ángeles, link=no , ), often referred to by its initials L.A., is the List of municipalities in California, largest city in the U.S. state, state of California and the List of United States cities by population, sec ...

. Grishin, acquired two mansions in Montecito: In 2008 the mansion named ″

El Fureidis El Fureidis (Arabic for "Little Paradise") is a historic estate built in 1906 on in Montecito, California. Originally called the James Waldron Gillespie Estate or Gillespie Palace after its original owner, the Spanish Baroque & Neo-Mudéjar arc ...

″, which prominently featured in the 1983 film " Scarface", and in 2009 the seven-acre site ″Chateau of Riven Rock″ for $25.3 million. Grishin sold his stake in Rosevrobank in November 2018. In June 2020 Grishin sold his mansion ″Chateau of Riven Rock″ to

Prince Harry Prince Harry, Duke of Sussex, (Henry Charles Albert David; born 15 September 1984) is a member of the British royal family. He is the younger son of Charles III and his first wife Diana, Princess of Wales. He is fifth in the line of succ ...

and wife Meghan Markle for $14.65 million.From Russia With Hate: The ‘Scarface’ Legal Fight, ‘Assassin’ Lawyers & More Pierce Bainbridge Drama
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External links

The top 50 global banks allegedly involved in a $21 billion Russian money-laundering scheme

References

{{DEFAULTSORT:Grishin, Sergey 1966 births Living people Russian billionaires Russian businesspeople in the United States