Sergey Grishin (; 21 June 1966 â 6 March 2023) was a Russian-American billionaire, engineer and developer, who was the president and chairman of RosEvro Group. Grishin co-owned the Rosevrobank (aka The Laundromat) and had claimed that he âÂÂpractically brought the Russian banking system to collapseâ in the 1990s after the Soviet Union collapsed by committing âÂÂthe largest bank fraud scheme everâÂÂ, orchestrating an estimated $60 billion heist from the Russian Central Bank.
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 and selling them. 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 2011, Grishin recruited Dovi Frances to manage investments at SG,a financial advisory company he controlled.
In 2019 he moved from Santa Barbara to Los Angeles.
Grishin acquired two mansions in Montecito: In 2008 the mansion named â³El Fureidisâ³, which prominently featured in the 1983 film "Scarface", and in 2009 the seven-acre site â³Chateau of Riven Rockâ³ for $25.3 million. Grishin sold his stake in Rosevrobank in November 2018.
In June 2020 Grishin sold his mansion â³Chateau of Riven Rockâ³ to Prince Harry and his wife Meghan Markle for $14.65 million.
Grishin died in Moscow on 6 March 2023, at the age of 56.
He owned 421 Media, a California-based social media company focused on producing viral Instagram content.