ALEXEI MORDASHOV • Net Worth $30 billion • House • Yacht • Private Jet • Severstal

Name:Alexei Mordashov
Net Worth:$30 billion
Source of Wealth:Severstal
Born:September 26, 1965
Wife:Marina Mordashov
Children:Kirill Mordashov, Ilya Mordashov
Residence:Barvikha, Moscow, Russia
Private Jet:Bombardier Global 6000 (M-YSSF)
Yacht (2)Lady M

From humble beginnings to becoming Russia’s richest man, Alexei Mordashov has built an impressive empire in the steel and mining industry. In this article, we explore the life, achievements, and investments of this influential billionaire, as well as his impressive superyacht collection.

Key Takeaways:

  • Alexei Mordashov, with a net worth of $30 billion, is the owner of the yacht Nord.
  • Mordashov is the chairman and majority shareholder of Severstal, one of Russia’s largest producers of iron ore and steel.
  • Apart from Severstal, Mordashov has investments in various ventures including Tele2 Russia, Power Machines, TUI, and Bank Rossiya.
  • Mordashov is known for his close ties with Russian President Vladimir Putin.
  • Mordashov’s philanthropic efforts are commendable, with donations exceeding $50 million annually through Severstal.
  • Mordashov also owns the yacht Lady M and a Bombardier Global 6000 private jet.

Who is Alexei Mordashov?

Born in 1965 to parents working at a steel mill, Alexei Mordashov’s journey to success started with a solid education. He studied at the Leningrad Engineering-Economical Institute and later earned an MBA from Northumbria University in the UK. Married to Marina, Mordashov is a proud father of two children.

His career in the steel industry began as a finance director at a Russian steel plant. Sensing opportunity, he purchased shares in the company and was later appointed CEO. Under his leadership, the company transformed into the powerhouse now known as the Severstal Group.

Today, Mordashov is the chairman of the World Steel Association and a significant shareholder in Rossiya Bank. He is also the owner of the yacht Lady M and the 139-meter Lurssen project Redwood, delivered in 2021 and now named NORD.

Severstal: A Leader in Steel and Mining

As chairman and majority shareholder of Severstal, Mordashov oversees one of Russia’s largest producers of iron ore, coking coal, flats, longs, and steel pipes. The company supplies materials for construction, automotive, machinery, and oil & gas industries.

Severstal operates in Russia, Latvia, Ukraine, Poland, Liberia, and Italy, employing 52,000 people. In 2018, the company generated revenue of US$ 7 billion.

Alexei Mordashov Net Worth and Investments

Apart from Severstal, Mordashov is an investor in various ventures, including Tele2 Russia, Power Machines, TUI, and Bank Rossiya. His philanthropic efforts are commendable, donating more than US$ 50 million annually through Severstal.

With a net worth of $30 billion, Alexei Mordashov is considered Russia’s wealthiest individual.

Political Ties and Influence

Mordashov maintains close ties with Russian President Vladimir Putin. In 2015, he shifted his investment focus from the USA to Russia, following Putin’s advice to avoid unwise investments abroad. These close ties and his extensive business empire have undoubtedly contributed to Mordashov’s continued success and influence in Russia.


Alexei Mordashov’s journey from a modest upbringing to becoming Russia’s richest man is nothing short of inspiring. His strategic investments, strong leadership, and close political connections have cemented his place as a key figure in Russia’s business landscape. As he continues to expand

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Yacht Owner

Alexei Mordashov

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

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

SuperYacht Nord

Mordashov’s yacht Nord was built by Lurssen. She is designed by Nuvolari Lenard.


The yacht Nord is powered by MTU engines. Her max speed is 20 knots.


The yacht can accommodate more than 24 guests and more than 40 crew. Her interior is designed by Nuvolari Lenard.

Yacht Lady M

Lady M is the first yacht in the PJ 210 sports yacht series. She is powered by two MTU 16V4000 engines. She reaches a top speed of 28 knots.

Alexei Mordashov House

Yacht NORD

He is owner of the yacht Nord.

The NORD yacht was built by Lurssen Yachts and designed by Nuvolari Lenard, with an interior designed by the same firm.

Nord is 142 meters long, can accommodate 36 guests in 20 cabins, and has a crew of over 50 people.

The yacht features a range of amenities including a helicopter hangar, two helicopter platforms, a large swimming pool, two elevators, a fully equipped gym with a sauna, and a cinema.

The estimated value of the yacht is $500 million, with annual running costs of around $50 million.

He also still owns the Palmer Johnson yacht Lady M.