Yuri Shefler’s profile picture

Yuri Shefler

Yuri Shefler’s profile picture
Net worth 2018: $1.57 Billion
Residence: Geneva, Switzerland
Country: Russia
Children: 4
Education: Bachelor of Arts / Science, Plekhanov Russian University of Economics
BIOGRAPHY

Yuri Shefler was born in Geneva, Switzerland, Russia. Yuri Shefler is #1530 in List Billionaires People In The World. Yuri Shefler owns S.P.I. Group, which produces and sells alcohol under 380 brands in 160 countries. The company is registered in Luxembourg but its main factories are in Latvia. Its best known brand is Stolichnaya vodka, which Shefler bought from state-owned VVO Soyuzplodoimport for $285,000 in 1997. Soyuzplodoimport later decided it wanted the brand back and sued. Russia's Supreme Court ruled the sale illegal in 2001, banning Shefler from selling the vodka inside its borders. He was also prosecuted for misappropriation of trademarks. He left Russia the next year but that didn't stop the Russian government from continuing to pursue him. In 2008, he was placed on an Interpol list. In 2014, the Netherlands, Luxembourg and Belgium joined Russia in banning sales of Stolichnaya. For now, the troubles haven't hurt business much, according to analysts. Shefler, meanwhile, splits his time between Great Britain, Switzerland and wherever his yacht Serene, one of the largest in the world, takes him.

NET WORTH STATISTIC
2015

$1.75 Billion

2016

$1.9 Billion

2017

$1.6 Billion

2018

$1.57 Billion

TIMELINE
Yuri Shefler is the owner of SPI Group, an international consortium that sells alcohol in 160 countries, most notably the Stolichnaya vodka brand.His net worth is an estimated $2 billion. He is wanted in Russia for misappropriation of trademarks and alleged threats against a government official.Shefler left the Soviet Army in September 1987 and at one time headed Vnukovo Airlines. He used to own one of the largest yachts in the world, Serene, worth $300 million and with a length of 133.9 m (439 ft 4 in). In March 2017 he bought Tulchan Estate on Speyside, Scotland’s most expensive sporting estate.
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