ALEXEI MORDASHOV • Net Worth $37 billion • House • Yacht • Privatjet • Severstal

Name:Alexei Mordaschow
Reinvermögen:$37 billion
Quelle des Reichtums:Severstal
Geboren:26. September 1965
Alter:
Land:Russland
Gattin:Marina Mordaschow
Kinder:Kirill Mordaschow, Ilja Mordaschow
Residenz:Barvikha, Moskau, Russland
Privatjet:Bombardier Global 6000 (M-YSSF)
YachtNORD
Yacht (2)Dame M

Wer ist Alexei Mordaschow?

Alexei Mordaschow is a Russian billionaire businessman, industrialist, investor, and main shareholder of Severstal, one of Russia’s largest steel and mining companies. Born on September 26, 1965, in Cherepovets, Russia, he rose from a modest background to become one of the wealthiest people in Russia.

Mordashov built his fortune through steel, mining, gold, machinery, retail, telecoms, banking, and international investments. He is widely linked to the 142-meter Lürssen yacht NORD, one of the most famous superyachts in the world, and also to the yacht Dame M.

In April 2026, NORD made global headlines after crossing the Strait of Hormuz during a period of severe geopolitical tension and restricted maritime traffic.

Die zentralen Thesen:

  • Alexei Mordashov is a Russian billionaire and main shareholder of Severstal.
  • He was born in Cherepovets, where Severstal is based and where his parents worked at the steel plant.
  • Forbes currently estimates Alexei Mordashov and family at around US$36.9 billion, making him Russia’s richest person in 2026.
  • His fortune is tied to Severstal, Nordgold, Power Machines, Lenta, TUI-related holdings, telecoms, banking, and other investments.
  • Mordashov has been sanctioned by the European Union, United States, United Kingdom, Switzerland, Canada, Australia, Japan and other jurisdictions following Russia’s invasion of Ukraine.
  • He is widely linked to the 142-meter Lürssen yacht NORD, valued at around US$500 million.
  • Reuters has reported that NORD is not formally listed as owned by Mordashov personally, but shipping records have linked the vessel to a company owned by his wife, Marina Mordashova.
  • In April 2026, NORD crossed the Strait of Hormuz after leaving Dubai and arriving near Muscat, Oman.
  • Reuters reported that the yacht’s crossing was allowed because neither Iran nor the United States objected.
  • Mordashov has also been linked to the yacht Lady M and a Bombardier Global 6000 Privatjet.

Frühes Leben und Ausbildung

Alexei Mordashov was born in Cherepovets, an industrial city in Russia’s Vologda region. His parents worked at the local steel mill, which later became the foundation of his fortune.

He studied at the Leningrader Ingenieur- und Wirtschaftsinstitut, where he earned degrees in engineering and economics. He later completed an MBA at Northumbria University in the United Kingdom.

Mordashov began his career at the Cherepovets steel plant, where he worked in finance and quickly rose through the ranks. During Russia’s privatization period in the 1990s, he acquired shares in the company and eventually became its leading shareholder and chief executive.

Severstal: Ein führendes Unternehmen in den Bereichen Stahl und Bergbau

Severstal is one of Russia’s largest steel and mining companies. The company produces steel, iron ore, coking coal, flat steel, long steel, pipes, and other products used in construction, automotive manufacturing, machinery, energy, infrastructure, and industrial production.

Mordashov transformed the former Soviet-era Cherepovets steel plant into a modern industrial group. Severstal became known for vertical integration, combining steel production with mining assets and downstream sales.

Before the sanctions era, Severstal also had international operations and investments. Over time, the company sold or restructured many foreign assets and became more focused on Russia and related markets.

Severstal’s Recent Performance

Severstal’s performance has been affected by sanctions, Russian domestic demand, export restrictions, steel prices, labor costs, and broader pressure on Russia’s metallurgy sector.

Public reporting in 2025 said Severstal’s profits had fallen sharply, with net profit for the first nine months of 2025 down more than 50% year-on-year. Reports also said the company had suspended dividends for some quarters and faced negative free cash flow.

Even so, Severstal remains one of Russia’s most important industrial companies and a central source of Mordashov’s wealth.

Alexei Mordashov Net Worth

Alexei Mordashov’s Reinvermögen has fluctuated significantly because of sanctions, commodity prices, the ruble, gold prices, Severstal’s market value, and the performance of his other investments.

Forbes currently estimates Alexei Mordashov and family etwa US$36.9 billion. That makes him Russia’s richest person in Forbes’ 2026 ranking and marks a major increase from older estimates near US$30 billion.

Bloomberg has estimated his fortune lower, around the mid-US$20 billion range, reflecting different valuation methods and sanctions-related uncertainty. A fair current range is that Mordashov remains worth tens of billions of dollars, with Forbes placing him near US$37 billion.

Nordgold and Gold Investments

Mordashov’s wealth is not limited to steel. He is also connected to Nordgold, a gold mining company that has operated mines in Russia, Kazakhstan, Burkina Faso, Guinea, and other regions.

Higher gold prices have helped increase the value of gold-related assets, contributing to Mordashov’s rise in recent rich-list rankings. Nordgold has become an important part of the Mordashov family fortune alongside Severstal.

Other Investments: Power Machines, Lenta, TUI and Bank Rossiya

Mordashov has held a wide range of investments outside steel and mining. These have included Power Machines, a Russian engineering company producing turbines and power-generation equipment; Lenta, one of Russia’s major retail chains; and stakes in telecom, travel, banking and industrial companies.

Before sanctions, Mordashov was one of the largest shareholders in TUI, the European travel group. After Russia’s invasion of Ukraine, sanctions severely affected his ability to control, sell or benefit from Western-listed assets. His TUI stake became one of the most closely watched examples of how sanctions disrupted Russian billionaire ownership in European companies.

He has also been reported as a shareholder in Bank Rossija, a bank long associated with Russian political and business elites.

Sanctions and Political Ties

Alexei Mordashov was sanctioned by the europäische Union in February 2022, shortly after Russia’s invasion of Ukraine. The United States, United Kingdom and other countries later added him to sanctions lists.

Sanctions authorities have described him as a leading Russian businessman with close ties to the Kremlin. Public reporting often describes him as close to Russian President Wladimir Putin, and Mordashov has been photographed and reported at high-level meetings with the Russian leadership.

Mordashov has challenged some sanctions designations in court, and ownership of several assets has been scrutinized because of transfers to family members or companies connected to relatives.

Family and Ownership Structures

Alexei Mordashov is married to Marina Mordashova. Public sources list him as having several children from current and previous marriages.

After the 2022 sanctions, international reporting examined ownership structures connected to Mordashov, his wife, and other family members. Reuters has reported that NORD was not formally listed as being owned by Mordashov personally, but that shipping records and Russian business registers connected the yacht to a company owned by his wife, Marina Mordashova.

Such structures are common in the Superyacht world, where vessels are often held through companies, trusts or family-linked entities.

Yacht NORD

The 142-meter yacht NORD is one of the largest and most recognizable yachts in the world. Built by Lürssen in Germany and delivered in 2021, she was known as Project Opus during construction.

NORD was designed inside and out by Nuvolari Lenard. She features a bold exterior, dark hull, two helicopter landing areas, an enclosed helicopter hangar, swimming pool, cinema, spa, gym, beach club, elevators, tenders, and extensive accommodation.

The yacht is approximately 141.63 meters, or 465 feet, long. She can reportedly accommodate up to 36 Gäste in around 20 cabins and carries a Besatzung of around 40 to 50 people.

NORD is valued at approximately US$500 Millionen, with estimated annual running costs of around US$40 million to US$50 million.

NORD’s Strait of Hormuz Crossing

In April 2026, NORD crossed the Strait of Hormuz, one of the world’s most important maritime chokepoints. The passage attracted global attention because regional tensions had severely restricted traffic through the strait.

According to Reuters and vessel-tracking reports, NORD left a Dubai marina on Friday, crossed the Strait of Hormuz on Saturday, and arrived near Muscat, Oman, by Sunday.

Reuters reported that a source close to Mordashov said the transit was permitted because neither Iran nor the United States objected. The yacht was described as a non-threatening civilian vessel with no links to Iran.

The passage was significant because few vessels other than essential merchant ships were using the route during the crisis. NORD’s movement showed how politically sensitive the travel of Russian-linked superyachts has become in the sanctions era.

Has NORD Been Seized?

No. NORD has not been seized or confiscated.

Since 2022, several Russian-linked yachts have been frozen, detained or seized in Western jurisdictions. NORD avoided many of those areas and spent time in jurisdictions such as Hong Kong, Russia, the Middle East and Asia.

Her movements have been closely watched by journalists, yacht trackers and sanctions researchers. The yacht remains operational and has not been sold or confiscated.

Yacht Lady M

Alexei Mordashov has also been linked to the 65-meter yacht Dame M. Gebaut von Palmer Johnson and delivered in 2013, Lady M was also designed by Nuvolari Lenard.

Lady M was seized by Italian authorities in March 2022 after the EU sanctioned Mordashov. The yacht has been reported as frozen rather than sold, meaning ownership and legal status remain tied to sanctions enforcement.

Lady M is valued at approximately US$55 million and is one of the more prominent yachts frozen in Europe after the start of the Ukraine war.

Privatjet

Mordashov has been linked to a Bombardier Global 6000 Privatjet. The Global 6000 is a long-range business aircraft often used by billionaires and corporate owners for intercontinental travel.

As with yachts, private jets may be held through companies or related entities, and sanctions can make ownership, usage and location difficult to verify.

Philanthropy and Social Projects

Mordashov and Severstal have supported philanthropic programs in Russia, particularly in Cherepovets and the Vologda region. These initiatives have included education, healthcare, culture, sports, urban development, and social programs.

Older profiles described charitable spending through Severstal and affiliated foundations as exceeding tens of millions of dollars annually. Since sanctions and wartime restrictions, the public international profile of this philanthropy has become less visible.

Abschluss

Alexei Mordashov is one of the most powerful Russian industrial billionaires. From a finance role at the Cherepovets steel plant, he built Severstal into a major steel and mining group and expanded into gold, engineering, retail, travel, telecoms and banking.

His wealth has risen again in recent years, with Forbes estimating him and his family at about US$36.9 billion in 2026. At the same time, his public image is shaped by sanctions, Kremlin connections, family ownership structures, and the global attention surrounding his yachts.

The 2026 Strait of Hormuz crossing by NORD added a new chapter to that story. The yacht’s ability to pass through one of the world’s most sensitive waterways during a blockade underscored how superyachts can become part of geopolitics, sanctions enforcement and international maritime diplomacy.

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Yachtbesitzer

Alexei Mordaschow


Nord-Yacht – 142 m – Lurssen – 2021 – Alexei Mordashov


LADY M Yacht • Palmer Johnson • 2013 • Besitzer Alexei Mordashov

SuperYacht Nord

Mordaschows Yacht Nord wurde gebaut von Lürssen. Sie wurde entworfen von Nuvolari Lenard.

Spezifikationen

Die Yacht Nord wird angetrieben von MTU Motoren. Ihre Höchstgeschwindigkeit beträgt 20 Knoten.

Innere

Die Yacht bietet Platz für mehr als 24 Gäste und mehr als 40 Personen Besatzung. Ihr Interieur wurde von entworfen Nuvolari Lenard.

Yacht Lady M

Lady M ist die erste Yacht der WeltSportyacht PJ 210Serie. Sie wird von zwei angetriebenMTU 16V4000-Motoren. Sie erreicht eine Höchstgeschwindigkeit von 28 Knoten.


Alexei Mordaschow-Haus

Yacht NORD


Er ist Eigentümer des Yacht Nord.

Der NORD-Yacht wurde gebaut von Lürssen Yachten und entworfen von Nuvolari Lenard, mit einer Inneneinrichtung, die von der gleichen Firma entworfen wurde.

Nord ist 142 Meter lang, bietet Platz für 36 Gäste in 20 Kabinen und verfügt über eine Besatzung von über 50 Personen.

Die Yacht verfügt über eine Reihe von Annehmlichkeiten, darunter einen Hubschrauberhangar, zwei Hubschrauberplattformen, einen großen Swimmingpool, zwei Aufzüge, ein voll ausgestattetes Fitnessstudio mit Sauna und ein Kino.

Der geschätzte Wert der Yacht beträgt $500 Millionen, die jährlichen Betriebskosten belaufen sich auf rund $50 Millionen.

Er besitzt auch noch das Palmer Johnson Yacht Lady M.