Alexei Mordashov

Alexey Alexandrovich Mordashov (Russian: Алексей Александрович Мордашов; born 26 September 1965) is a Russian billionaire businessman. He is the main shareholder and chairman of Severstal, Russia's largest steel and mining company.

Alexey Mordashov
Алексей Мордашов
Mordashov in 2018
Born (1965-09-26) 26 September 1965
Cherepovets, Vologda Oblast, Russian SFSR, Soviet Union
NationalityRussian
Alma materLeningrad Engineering-Economical Institute
Northumbria University
OccupationBusinessman
Known forMajority shareholder of Severstal
Spouses
Elena Mordashova
(m. 1986; div. 1996)
    Elena Mordashova
    (divorced)
    (second wife also Elena)
    • Marina Mordashova
    Children7
    Awards
    • Order of Alexander Nevsky
    • Order of Honour
    • Order of Merit of the Italian Republic (Commander)
    • Order of Merit of the Grand Duchy of Luxembourg (Commander)

    As of March 2022, Bloomberg Billionaires Index estimated Mordashov's personal net worth at US$21.2 billion, making him the second-richest person in Russia. In the Forbes 2021 ranking, which takes into account the assets of the whole family, Mordashov ranks first among Russian billionaires ($29.1B). In the Forbes 2023 rating, the Mordashov family moved to fifth place with a fortune of $20.9 billion.

    When he was 37, Forbes ordained him (along with Oprah) as a "new arrival" in the world of billionaires.

    Mordashov was mentioned in the Panama Papers and FinCEN files leaks – a company associated with Mordashov paid for a number of Vladimir Putin's pet projects and gave generously to close Putin associates.

    He is under sanctions due to Russia's 2022 invasion of Ukraine. According to the EU, Rossiya Bank, in which Mordashov owns a financial stake, is the "personal bank" of the senior officials who benefitted from the annexation of Crimea. In November 2023, the New York Times reported as part of the Cyprus Confidential leak that accounts connected to him paid Hubert Seipel, a German author, to write a book about Putin.

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