Alexei Mordashov

Alexey Mordashov
Алексей Мордашов
Mordashov in 2018
Born (1965-09-26) 26 September 1965 (age 59)
Cherepovets, 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

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,[1] Russia's largest steel and mining company.[2]

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.[3] In the Forbes 2021 ranking, which takes into account the assets of the whole family, Mordashov ranks first among Russian billionaires ($29.1B).[4] In the Forbes 2023 rating, the Mordashov family moved to fifth place with a fortune of $20.9 billion.[5]

When he was 37, Forbes ordained him (along with Oprah) as a "new arrival" in the world of billionaires.[6]

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.[7][8][9]

He is under sanctions due to the Russian invasion of Ukraine.[2] 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.[2] In November 2023, the New York Times reported as part of the Cyprus Confidential leak that accounts connected to him paid Hubert Seipel [de], a German author, to write a book about Putin.[10]

  1. ^ "Severstal - Alexey Mordashov". www.severstal.com. Retrieved 6 February 2016.[permanent dead link]
  2. ^ a b c "Alexei Mordashov: Russia's richest man is now an EU sanctions target". the Guardian. 2 March 2022. Retrieved 5 March 2022.
  3. ^ "Bloomberg Billionaires Index: Alexey Mordashov". Bloomberg.com. Retrieved 25 June 2021.
  4. ^ "The richest people in the world". Forbes. Retrieved 6 April 2021.
  5. ^ "20 богатейших российских бизнесменов в глобальном рейтинге Forbes". Forbes.ru (in Russian). 4 April 2023.
  6. ^ "The oligarch's accountants: How PwC helped a Russian steel baron grow his offshore empire - ICIJ". 11 April 2022. Retrieved 20 May 2022.
  7. ^ "The Secret Caretaker - The Panama Papers". OCCRP. Retrieved 5 March 2022.
  8. ^ "Putin image-maker's role in billion-dollar cinema deal hidden offshore - ICIJ". 3 October 2021. Retrieved 5 March 2022.
  9. ^ Welle, Deutsche. "The Russian oligarchs of the FinCEN Files | DW | 26.09.2020". DW.COM. Retrieved 5 March 2022.
  10. ^ Graham Bowley (15 November 2023). "Top German Journalist Received Payments From Putin Ally, Leak Reveals". www.nytimes.com.