Alexey Alexandrovich Mordashov is a Russian billionaire businessman.
17 Facts About Alexei Mordashov
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Alexei Mordashov is the main shareholder and chairman of Severstal, Russia's largest steel and mining company.
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Alexei Mordashov is under sanctions due to Russia's 2022 invasion of Ukraine.
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Alexei Mordashov is the son of Russian parents, who were both steel mill workers.
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Alexei Mordashov graduated with a bachelor's degree from the Leningrad Engineering-Economical Institute, currently known as ENGECON.
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Alexei Mordashov later gained an MBA from Northumbria University in Newcastle upon Tyne, England, in 2001.
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Alexei Mordashov went on to build a conglomerate, Severstal, acquiring steel, coal and mining companies.
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In 2004, Alexei Mordashov started investing in US steel companies, purchasing companies in Dearborn, MI and Columbus, MS.
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Alexei Mordashov received a loan from the United States Department of Energy to renovate and refurbish the manufacturing plants in Dearborn.
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Between 2004 and 2014, Alexei Mordashov and Severstal invested up to $3 billion in both the Dearborn and Columbus plants.
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Alexei Mordashov was listed on the London Stock Exchange.
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In 2017 Alexei Mordashov announced plans to delist Nordgold from the London Stock Exchange citing unfair valuation as the reason.
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Alexei Mordashov was elected as chairman of the World Steel Association in October 2012.
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In 2015, Alexei Mordashov stepped down as CEO, appointing former COO Vadim Larin, in his place.
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On 10 October 2017 Alexey Alexei Mordashov became a Commander of the Order of Merit of the Grand Duchy of Luxembourg.
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On 28 February 2022, in relation to the 2022 Russian invasion of Ukraine, the European Union blacklisted Alexei Mordashov and had all his assets frozen.
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Alexei Mordashov owns the yachts Lady M and Nord as well as a private jet.