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