Alexey Mordashov & family

$30.47B

as of 02/11/22

About Alexey Mordashov & family

Alexey Mordashov, a majority shareholder in steel company Severstal, resigned as CEO in 2015 after 19 years in the role.

A year earlier, he sold all of Severstal's North American units to focus on the Russian business.

He also owns about 30% of TUI Group, one of the biggest travel and tourism companies in the world.

His Russian power equipment producer, Power Machines, which has a joint venture with Siemens, was hit by U.S. sanctions in 2018.

The son of mill workers, Mordashov rose to become the finance director of a steel mill.

When the plant's elderly director instructed him to acquire shares to keep them from an outsider, Mordashov kept most of them for himself.

Personal stats

Citizenship

Russian Federation

Source of wealth

steel, investments

Residence

Moscow, Russian Federation

Marital status

Married

Birth date

09/26/65 (age 60)

Number of children

Education

Master of Science in Engineering, Leningrad Institute of Economics; Master of Business Administration, University of Northumbria

Self-made

self-made