Alexey Mordashov's Biography

Alexey Mordashov is a prominent Russian billionaire businessman and the chairman and majority owner of Severstal, one of Russia's largest steel and mining companies. Born on September 26, 1965, in Cherepovets, Russia, Mordashov has played a pivotal role in the modernization and expansion of Russia's steel industry. After graduating from the Saint Petersburg State University of Economics, he quickly ascended through the ranks of Severstal, eventually orchestrating a management buyout that solidified his control over the company. Over the years, Mordashov diversified his business interests, investing in power engineering, mining, retail, and tourism, including a significant stake in TUI Group, a major European travel company. Despite facing controversies, including Western sanctions linked to geopolitical tensions, Mordashov remains a key figure in Russia's industrial landscape. Known for his strategic vision, he has been recognized with national honors and is often cited as one of Russia's wealthiest individuals. Outside of business, he enjoys sailing, golf, and art collection. Mordashov's leadership continues to shape the global steel market, and his career serves as an example of Russia's post-Soviet entrepreneurial rise.