Who is Alexei Mordashov?
He was born in 1965. His parents were both working at a steel mill. He studied at Leningrad Engineering-Economical Institute. He later went to Northumbria University in the UK for an MBA. He is married to Marina, he has 2 children.
He was a finance director at a steel plant in Russia. He bought shares of this company. And was later appointed CEO. This company was later turned into the Severstal Group.
He is chairman of the World Steel Association. And also shareholders at the Rossiya Bank.
SuperYachtFan was informed that Russian billionaire Alexei Alexandrovich Mordashov is the owner of the yacht Lady M. We also heard he is building a new yacht in Germany. We found it is the 139 meter Lurssen project Redwood, to be delivered in 2020. This yacht is now named NORD.
He is now 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 the company is supplier of flats, longs and steel pipes. The products are for the construction, automotive, machinery and oil & gas industries.
The company is active in Russia, Latvia, Ukraine, Poland, Liberia and Italy. The company has 52,000 employees. In 2018 Several realized a revenue of US$ 7 billion.
Alexei Mordashov Net Worth
He is also an investor in Tele2 Russia, Power Machines, TUI, and Bank Rossiya. Mordashov is active in philanthropy. He is donating more US$ 50 million each year through Severstal.
He has a net worth of US$ 20 billion. He is considered to be Russia’s richest man.
Mordashov has close ties to Russian President Putin. In 2015 he focused his investment from the USA to Russia. After Putin advised him to stay away from unwise investments.