Roman Sharf

Last updated
Roman Sharf
Born (1975-05-09) May 9, 1975 (age 50)
Alma mater Pennsylvania State University (BA)
Occupation(s)Entrepreneur, business executive, Army veteran

Roman Sharf (born 9 May 1975) is a Russian-American jewelry retailer and auctioneer. Sharf is recognized for his role in the gray market, dealing with luxury watches, jewelry and accessories. [1] [2] [3]

Contents

Early life

Sharf was born in the Soviet Union in the 1970s, later moving to the United States in 1998. [4] He attended Penn State University, where he studied Computer Information Systems, and after his studies enlisted in the U.S. Army. [5]

Career

After his military service, Sharf initially pursued a career in finance, becoming a vice president in Deutsche Bank, [6] and later moved to the luxury goods market, focusing on watches, jewelry and other valuable collectibles and in the early 2000s, established the luxury jewelry company Luxury Bazaar. [7] [8] The platform found success in the gray luxury market, [9] [10] and in 2024, Sharf announced plans to sell the company, valued at $130 million. [2] [11] [12] He also launched a private wholesale platform designed specifically for dealers to trade luxury timepieces. [13] [14] [15] Luxury Bazaar have faced criticism, particularly surrounding doing business of luxury items outside the official retail channel, [16] his approach has drawn criticisms for providing items at lower prices than traditional retail stores. [17] [18] [19] In 2024, Luxury Bazaar made a contribution of a Rolex Air-King watch to the WatchPro Awards. [20] [21] [22] Sharf purchased the auctioned pair of Never Surrender High-Top. [23] [6] [15]

References

  1. "Roman Sharf Discusses the Evolution of Luxury Bazaar and the Gray Market". Lonely Wrist. 2024-10-01. Retrieved 2025-01-29.
  2. 1 2 "Luxury Bazaar Owner Roman Sharf Wants To Sell the $130 Million Business Inside The Next Five Years". WatchPro. 2023-10-27. Retrieved 2025-01-29.
  3. "Dispatch: Behind The Closed Doors Of A Major Grey Market Show". Hodinkee . Retrieved 2025-09-20.
  4. "Roman Sharf". Super Stars Culture. 2024-02-24. Retrieved 2025-01-29.
  5. "An Interview with the Soviet Union Refugee and Successful Entrepreneur Roman Sharf". The ThriveTime Show. 2020-07-22. Retrieved 2025-01-30.
  6. 1 2 "Who is Roman Sharf?". Hindustan Times . 2024-02-19. Archived from the original on 2024-05-20. Retrieved 2025-01-29.
  7. "Time to watch the Luxury Business with Luxury Bazaar's Roman Sharf". LeBrun Advisory Group. 2022-10-02. Retrieved 2025-01-29.
  8. "Who Is Roman Sharf? Luxury Bazaar CEO". Times Now . 2024-02-18. Retrieved 2025-01-29.
  9. Chi-Sing, Haley (2024-02-19). "CEO wins autographed golden Donald Trump sneakers after $9K bid". Fox News . Retrieved 2025-01-29.
  10. "Rolex is buying Swiss retailer Bucherer in historic push into consumer space". The Manual. 2023-08-26. Retrieved 2025-01-30.
  11. Razak, Mike (2024-05-20). "SUPERLATIVE Podcast: Adrian Taskin of Luxury Bazaar". aBlogtoWatch. Retrieved 2025-01-29.
  12. "Luxury Bazaar Execs Set Up Private Wholesale Platform For Watch Dealers". 2018-12-03. Retrieved 2025-01-29.
  13. Schneider, Aliya (2024-02-29). "Meet the Bucks County 'degenerate collector' who paid $9,000 for Trump sneakers". The Inquirer . Retrieved 2025-01-29.
  14. "Who Is Roman Sharf?". Times Now . 2024-02-18. Retrieved 2025-01-29.
  15. 1 2 Bernstein, Jacob (2024-02-24). "This Man Paid $9,000 for a Pair of Donald Trump Sneakers". The New York Times . ISSN   0362-4331 . Retrieved 2025-01-29.
  16. "Montreal man ordered to pay $35K fine for not declaring luxury watch at border | Globalnews.ca". Global News. Retrieved 2025-01-29.
  17. "The Story Behind $118 Million in Sales - Weidel on Winning". weidelonwinning.com. 2022-02-07. Retrieved 2025-01-29.
  18. Talwalkar, Anuj (2024-10-14). "$45.9M Rich Jayson Tatum's Fashion Choice Gets $200K Vindication After Being Accused of Wearing Kids Watch". Essentially Sports. Retrieved 2025-01-29.
  19. Fordon, Rich. "Dispatch: Behind The Closed Doors Of A Major Grey Market Show". Hodinkee. Retrieved 2025-01-29.
  20. "Priscilla Ilarraza delighted with shock Rolex win thanks to Luxury Bazaar at the 2024 WatchPro Awards". 2024-09-11. Retrieved 2025-01-29.
  21. "Watches For Good Team". Watches for Good. Retrieved 2025-01-29.
  22. "Luxury Bazaar donates Rolex Air-King as a prize at tonight's WatchPro Awards". 2024-09-04. Retrieved 2025-01-29.
  23. "Roman Sharf: The Russian CEO who won autographed pair of Trump's golden sneakers". The Economic Times . 2024-02-19. ISSN   0013-0389 . Retrieved 2025-01-29.