net worth

Alexey Mordashov Net Worth

Alexey Mordashov is one of the wealthiest people in Russia, with a net worth estimated to be over $24 billion. He is the majority shareholder of Severstal, a publicly traded steel and mining business based in Moscow. Over the past decade he has made strategic investments which have helped cement his place as one of the most influential businessmen in Russia.

Table Of Content:

2. Alexei Mordashov - Wikipedia
As of March 2022, Bloomberg Billionaires Index estimated Mordashov's personal net worth at US$21.2 billion, making him the second-richest person in Russia.

  • Source: Google.
  • How has Alexey Mordashov achieved his wealth?

    Mordashov has achieved his wealth primarily through shrewd investments and by being the majority stakeholder of leading Russian steel and mining company Severstal. He also had an early investment into telecoms giant VimpelCom which greatly increased his wealth.

    What other businesses does Alexey Mordashov own?

    Apart from his majority stake in Severstal, Mordashov also owns stakes in several other companies including car manufacturer GAZ, luxury hotel operator Nordic Choice Hotels, renewable energy business Enel Russia, mining company Evraz, metals company Sual Azot and power engineering firm OGK-3.

    What are some philanthropic efforts that Alexey Mordashov has spearheaded?

    In 2014, he launched a program called “My Family” which was aimed at providing books and educational materials to 40 million schoolchildren across Russia. He has also supported initiatives related to sports and culture as well as providing grants to small businesses operating in remote regions of Russia.

    Alexey Mordashov is an undisputed leader amongst Russian businessmen who continues to make astute investments that have furthered his already impressive wealth. It is clear to see why he commands such great respect throughout both business circles and the wider public alike due to his commitment to philanthropic initiatives that benefit people living across all areas of Russia.


    Alex Holley

    View all posts