Felix Sater
| Felix Sater | |
|---|---|
| Born |
Felix Mikhailovich Sheferovsky (or Sheferofsky) March 2, 1966 Moscow, Russia |
| Residence | New York City, New York |
| Education | Pace University |
| Occupation | Real estate developer |
| Years active | 1989–present |
| Website | www |
Felix Henry Sater (born Felix Mikhailovich Sheferovsky; Russian: Феликс Михайлович Шеферовский; March 2, 1966) is a Russian-born American real estate developer and former managing director of Bayrock Group LLC, a real estate conglomerate based out of New York City, New York. Sater has been an advisor to many corporations, including The Trump Organization, Rixos Hotels and Resorts, Sembol Construction, Potok (formerly the Mirax Group), and TxOil.
in 1998, Sater pleaded guilty to for his involvement in a $40 million stock fraud scheme. In exchange for his guilty plea, he agreed to become an informant for the Federal Bureau of Investigation and federal prosecutors, assisting with organized crime.
Sater was born in Moscow into a Russian Jewish family. His parents, Mikhail and Rachel Sheferovsky, later changed their name to Sater. The family immigrated to Israel when Sater was 8 years old to avoid religious persecution in the Soviet Union, and eventually came to the United States, living in Baltimore, Maryland before settling in Brighton Beach, New York in 1974, and changing the name to Sater.
After attending Pace University, Sater started working as a stockbroker on Wall Street, working for Bear Stearns. A few years later, Sater changed paths to real estate, and eventually became a senior advisor for several corporations and high-level industries in the fields of real estate, hotels, general business, investing, and oil.
He served as the senior advisor to Chairman Fettah Tamince of Rixos Otelleri, a Turkish hotel and resort company, starting in 2005. In 2007, he spent time as the senior advisor of Sembol Construction, a privately-held construction company based in Istanbul, Turkey.
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