Alexey Mordashov Net Worth is$15.3 Billion
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Profession: Businessperson, Investor
Date of Birth: Sep 26, 1965
Country: Russia
Net Worth: View Alexei Mordashov Net Worth
What is Alexey Mordashov's net worth? Alexey Mordashov's net worth is $15.3 billion dollars which makes him one of the richest people in Russia. Born in Cherepovets, Russia, Alexey Mordashov, graduated from the Leningrad Institute of Economics, and later earned his MBA from the University of Northumbria. He began working in a steel mill in Cherepovets in the late 80s, and worked his way up to the position of finance director for the company after four years. After the company was privatized, he formed his own investment fund, and bought up shares in the steel mill, ultimately amassing a large stake. He became general director in the mid-90s, and subsequently launched, Severstal, a mining conglomerate. Severstal has been quite successful, though the company recently sold off a number of their US-based plants to another Russian conglomerate for an almost 50% loss. In addition to his work with Severstal, he is also involved in a number of philanthropic ventures, including sponsoring both the Bolshoi and Mariinsky Theatres.
Alexey Mordashov (born 26 September 1965) in Cherepovets, Vologda Oblast. He is a Russian business oligarch and self-made billionaire. He is the main shareholder and the CEO of Severstal, one of Russia's largest steel and mining companies. Mordashov has an estimated US$ 18.5 billion fortune according to the US business magazine Forbes.
Mordashov is a graduate of the Leningrad Engineering-Economical Institute, currently known as ENGECON. After graduation he joined Cherepovetskiy Metallurgical Plant in 1988 as an economist. He later gained an MBA from Northumbria University in Newcastle upon Tyne in 2001. During his time in Newcastle he attended most Newcastle United football games that were played in the city and became a follower of the club.
He began his career in 1988 as a low employee at the Cherepovets steel mill and in 1992 became finance director, shortly before the company was privatised. He formed two investment funds and, by buying up workers' shares, built a major stake in the factory. He became general director of the company in 1996. He built a conglomerate, Severstal, acquiring steel, coal and mining companies.
Through Severstal: Sponsor of the Bolshoi Theatre; sponsor of the Mariinsky Theatre; sponsor of the Tretyakov Gallery; sponsor of the Russian Museum; sponsor of the Museum of Frescoes by Dionisius; sponsor of the Sergei Andriaka Watercolour School; sponsor of the Moscow International Film Festival; sponsor of the Road Back Home charity for homeless children; sponsor of the "Severstal Cherepovets" super-league ice-hockey team; sponsor of the Dynamo (Moscow) Women's Volleyball Club; sponsor of the Russian national male chess team; sponsor of over 20 Russian sports facilities including sports stadiums, ice rings, heated football fields and athletic centres.
In 2011, Mordashov was the only Russian participant in the meeting of Bilderberg Club at St.Moritz, Switzerland.

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Alexey Mordashov Latest News

Severstal chief Alexey Mordashov eyes a golden opportunity on the FTSE 100

Instead, Alexey Mordashov would rather expound the gospel of corporate good practice. Admittedly, that ideology does not usually spring to mind when talking of Russian business. And it would be a struggle to picture Roman Abramovich or Oleg Deripaska ...
Posted: April 28, 2012, 12:35 pm

Severstal disputes EC duty imposition decision

The company’s CEO Alexey Mordashov has told a Russian television station that Severstal (and probably other Russian steelmakers) will try to find alternative markets for their products. “We will try to find alternative markets but we will definitely ...
Posted: June 17, 2016, 3:40 am

Severstal' OAO : Alexey Mordashov Elected President of Russian Steel, a not-for-profit partnership

Alexey Mordashov, CEO of ??? Severstal, one of the world's leading steel and steel-related mining companies, has been elected President of Russian Steel, the not-for-profit partnership that unites Russia's major iron and steel producers. Mr. Mordashov was ...
Posted: June 28, 2013, 7:14 am
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