Rank #3368
Yuri Shefler
Net worth $1.0B
Alcohol · Russia
- Born
- Sep 10, 1967
- Age
- 58
- Source
- Alcohol
- Residence
- Geneva
- Citizenship
- Russia
- Marital status
- Married
- Children
- 4
- Education
- Bachelor of Arts/Science, Plekhanov Russian University of Economics
Net worth over time
Biography
- Yuri Shefler established the SPI Group, which produced and sold alcohol under 380 brands in 170 countries.
- Shefler divided his alcohol business into two companies in 2021: Stoli Group (maker of Stolichnaya vodka) and Amber Beverage Group, which manufactures other spirits.
- Amber Beverage Group owns Latvijas balzams, the largest producer of alcoholic beverages in the Baltics, and Amber Production Tequila (KAH Tequila, Rooster Rojo Tequila and Cenote).
- He bought Stolichnaya, his best-known brand, from state-owned VVO Soyuzplodoimport for $285,000 in 1997. Russia's Supreme Court deemed the deal illegal in 2021, banning Stoli sales inside Russia.
- In 2024, a Russian court declared Shefler an extremist and confiscated his Russian assets for state use.
- Stolichnaya vodka was banned for sale in the Netherlands, Luxembourg and Belgium in 2014.