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Serge Rubinstein

1897 – 1955

Russian-American businessman

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About Serge Rubinstein

Lived 1897 – 1955 (aged 58). Serge Rubinstein was a Russian and American businessperson.

Serge Rubinstein (January 7, 1897[?]May 18, 1908 – January 27, 1955) was a stock and currency manipulator, a playboy, Café society denizen, convicted draft-evader and unsolved murder victim.

Early life Serge Rubinstein was born in St. Petersburg, Russia, to Dmitri and Stella Rubinstein. His father was a money lender to the Czar and a financial adviser to Grigory Rasputin. The family fled Russia during the Russian Revolution, going to Sweden, Austria, and France. Serge finally settled in England, where he graduated from Cambridge University with a degree in economics.

Business dealings Rubinstein joined the Banque Franco-Asiatique in Paris and by 1932 was running the bank. He was accused of manipulating the French franc by short selling and was expelled from France by Pierre Laval in 1935.

Draft evasion and deportation Rubinstein made extensive attempts to avoid the draft during World War II. He claimed that he was the sole support for seven dependents, with only a relatively low income (he had married in 1941 to Laurette Kilbourne and they had two children, Alexandria and Dianna). He also claimed that he worked for vital defense industries. Later, he claimed as a Portuguese citizen from a neutral country that he could not serve in the United States armed forces.

He was indicted for lying about his income to the draft board, when he claimed he only earned $11,000 in 1940 but actually earned $337,000. He was convicted as a draft evader and served two years in the federal penitentiary in Lewisburg, Pennsylvania, from 1947 to 1949. His wife divorced him in 1949 while in prison, claiming cruelty. After the divorce and his release from prison Rubinstein became noted for his social life, being seen with numerous women at fancy nightclubs.

The United States government had previously initiated deportation hearings for Rubinstein, as he had illegally entered the country with a forged Portuguese passport. However, using a battery of lawyers, as well as political connections, he was able to successfully contest those attempts to deport him.

Another thing complicating the investigation was that Rubinstein had given keys to the house to numerous girlfriends and business associates. The murder generated significant interest by the public and the media because of Rubinstein's notoriety.

Serge Rubinstein left a will and bequeathed a thousand dollars a month to his mother and five hundred a month to each of his two daughters, ten thousand dollars to his personal valet, his former Parisian secretary Mary Payne, and to Betty Reed, one of his protégés.

There were numerous theories about the murder, including a botched kidnap attempt, involvement of organized crime, revenge by a jilted lover, and revenge by financial victims. A business associate of Rubinstein, Stanley T. Stanley, said he believed it was a "mob job - a syndicate job." One reporter famously quipped that the police had "narrowed the list of suspects down to 10,000." The case was never solved. A theory denounced by an English investigator, Sir Perey Sillitoe, acting on behalf of the diamond trust, would have revealed to the American authorities that Serge Rubinstein had embezzled a large stock of diamonds purchased with the Russian government's money and part of its capital. For these reasons, two Russian agents were reportedly tasked with liquidating him.

At his funeral, rabbi Dr. Julius Mark of Temple Emanu-El made this assessment of Rubinstein's life:

The word 'paradox' best describes the strangely complex, ambiguous and unquestioned psychopathic personality of Serge Rubinstein. He possessed a brilliant mind but was utterly lacking in wisdom. He had a genius for acquiring wealth, yet never learned that money is a good servant but a harsh master. He wanted friends and never had them, since he never seemed to realize that to have friends one must be a friend. He wanted love, but never knew that love must be earned, and cannot be bought. He declared that America was the finest of all countries, yet stubbornly scorned those who pleaded with him to answer America's call to service.

These remarks generated some controversy but were defended by other clergy. His estate assets totaled $1,281,668, far less than estimates of up to $10,000,000 when he was alive. Rubinstein's murder was rated as one of the biggest news stories in 1955 by the United Press.

In popular culture The 1956 film Death of a Scoundrel, starring George Sanders, Yvonne DeCarlo, and Zsa-Zsa Gabor, was loosely based on Rubinstein's life. The movie's tag line was "Men, Women... he used them, ruined them on his fantastic march to self-destruction."

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Important facts

Birth century
Occupation
Education
University of Cambridge

People in Serge Rubinstein's life

Named in this biography and alive at the same time

Contemporaries

People whose lives overlapped Serge Rubinstein's

Frequently asked questions

Who was Serge Rubinstein?

Russian-American businessman

When was Serge Rubinstein born?

Serge Rubinstein was born on 7 January 1897 in Saint Petersburg.

When did Serge Rubinstein die?

Serge Rubinstein died on 27 January 1955 in New York City.

What was Serge Rubinstein's occupation?

Serge Rubinstein was a businessperson.

What nationality was Serge Rubinstein?

Serge Rubinstein was Russian and American.

Sources & further reading

· Wikipedia: Serge Rubinstein

· Wikidata: Q3479523

· DBpedia: Serge Rubinstein

Cite this page

APA: Biography.guide. (2026). Serge Rubinstein. https://biography.guide/serge-rubinstein/

MLA: "Serge Rubinstein." Biography.guide, https://biography.guide/serge-rubinstein/.

Chicago: "Serge Rubinstein." Biography.guide. https://biography.guide/serge-rubinstein/.

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