SuperYachtFan was informed that Russian billionaire Alexei Mordashov is the owner of the yacht Lady M. Mordashov is chairman and majority shareholder at Severstal. Severstal is active in steel and mining. Severstal is one of Russia’s largest producers of iron ore and coking coal and is supplier of flats, longs and steel pipes for the construction, automotive, machinery, and oil & gas industries The company is active in Russia, Latvia, Ukraine, Poland, Liberia and Italy and has 52,000 employees. In 2014 Several realized a revenue of US$ 8.3 billion.
Mordashov is also investor in Tele2 Russia, Power Machines, TUI and Bank Rossiya. Mordashov is active in philanthropy, donating more US$ 50 million each year through Severstal. Alexei Mordashov has a net worth of US$ 14 billion.
Mordashov has close ties to Russian President Putin. In 2015 he focused his investment from USA to Russia, after Putin advised him to stay away from unwise investments.