Last Updated: 25 Apr, 2024 | Views: 597
Age: 59
Profession: Business Men
Other Profession(s): Businessperson
Famous For: Majority Shareholder of Severstal
Higher Education: Graduated
Net Worth: US$21.2 billion
About (Profile/Biography):
Alexei Mordashov, born on September 26, 1965, is a Russian business tycoon and billionaire who has made significant contributions to metallurgy and mining. One of Russia's leading steel companies, Severstal, is one of his creations. Alexei also serves as its chairman. Mordashov has achieved notable success in his career. Alexei has been recognized for his achievements and contributions to the industry.
Alexei Mordashov's Professional Career:
In 1988: Mordashov started his career as an economist at Cherepovets Metallurgical Plant (now known as Severstal).
In 1992: Mordashov quickly rose through the ranks and became the financial director of the plant.
In 1996: Mordashov took over as CEO of Severstal and transformed it into one of the leading steel companies in Russia.
Under his leadership, Severstal expanded its operations and acquired several steel and mining assets in Russia and abroad.
Mordashov played a crucial role in modernizing the company's operations and implementing advanced technologies in the steel industry.
Alexei Mordashov's Investments:
Apart from his involvement in the steel industry, Mordashov has diversified his investments in various sectors, including telecommunications, media, and finance.
Mordashov has also invested in the media industry, acquiring ownership in leading media companies in Russia.
In finance, he has invested in banking and insurance companies, further expanding his business interests.
Alexei Mordashov's Sanctions:
When Russia invaded Ukraine in 2022, the European Union placed Mordashov on a blacklist and had all of his assets frozen. One of his boats, the Lady M, was taken by the Italian police at the beginning of March.
Another of his yachts, the Nord, was then in the Seychelles, outside the sphere of influence of the European Union.
In 2022, the UK government authorized a documentary about the Russo-Ukrainian War.
Alexei Mordashov's Personal Life:
Ilya was born to Mordashov and his first wife, Elena, who divorced in 1996. She filed a claim against him for half of his pre-divorce property in 2001 but lost the case and paid high legal costs. It was discovered in divorce court that he was only providing $620 per month for support for his ex-wife and kid.
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