Alexei Mordashov

Date of Birth: September 26, 1965

Zodiac Sign: Libra

Biography

Alexei Mordashov is a prominent Russian businessman and billionaire, known for his significant influence in the steel industry. Born on September 26, 1965, in Cherepovets, Russia, Mordashov has made a name for himself as the chairman and main shareholder of Severstal, one of the world’s leading steel and mining companies. He graduated with honors from the Leningrad Engineering-Economical Institute in 1988 and later earned an MBA from the University of Northumbria in the UK. Mordashov began his career at Severstal, working his way up from an economist to the general director by 1996. Under his leadership, Severstal expanded significantly, acquiring assets in the US and Europe. His strategic vision and business acumen have driven the company to new heights, making it a major player in the global steel market. Apart from Severstal, Mordashov has diversified his investments into various sectors, including power engineering, tourism, and the media. He’s a significant shareholder in TUI Group, one of the world’s largest travel and tourism companies. His entrepreneurial spirit and strategic investments have solidified his reputation as one of Russia’s most influential businessmen.

5 Interesting Facts about Alexei Mordashov

1. Alexei Mordashov started working at Severstal as an economist in the early 1980s.

2. He holds an MBA from the University of Northumbria in the United Kingdom.

3. Mordashov led Severstal’s expansion into the United States and Europe, making it a global player in the steel industry.

4. He is a significant shareholder in TUI Group, a leading travel and tourism company.

5. Mordashov has been consistently listed among the wealthiest individuals in Russia and the world by Forbes.

5 Most Interesting Quotes from Alexei Mordashov

1. “I believe in hard work and constant learning. Success is a journey, not a destination.”

2. “Diversification is essential in today’s volatile market. It’s not just about spreading risk, but about seizing opportunities.”

3. “Steel is the backbone of modern industry, and innovation in steel production is crucial for advancement.”

4. “Sustainability is no longer a choice but a necessity for future generations.”

5. “Leadership is about setting a vision and inspiring others to achieve it.”

Highest Net Worth Achieved

At its peak, Alexei Mordashov’s net worth was estimated to be around $29 billion.

Children

Alexei Mordashov has six children. His eldest son, Kirill Mordashov, is actively involved in the family business and has been groomed to take on significant responsibilities within Severstal.