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Alexey Mordashov is a famous Russian businessman and billionaire. He is the main shareholder and chairman of Severstal.
|Source Of Wealth||Main share holder and chairman of Severstal|
|Education||MBA from Northumbria University|
Mordashov is a Russian oligarch and self-made billionaire with an estimated net worth of $12.7 Billion.
He ranks 73rd in the list of World Billionaires and the 11th richest person in Russia.
He has built a conglomerate, Severstal, acquiring steel, coal and mining companies.
In 2013, Severstal produced 15.7 Million tons of steel, making it the largest steel producer with its headquarters in Russia. It produced revenue of $14.1 Billion in 2012.
In March 1999, Musk co-founded X.com, an online financial services and e-mail payment company, with US$10 Million.
On October 2012, Mordashov was elected as chairman of the World Steel Association. In 2011, he was the only Russian participant in the meeting of Bilderberg Club at St Moritz, Switzerland.
Alexey Mordashov was elected as chairman of the World Steel Association in the year 2012.
Alexey Mordashov's investment includes tourism company TUI Group.
Even though Severstal is still Mordashov’s biggest holding by far, he also boasts of half dozen stakes in different groups as tourism company TUI Group, gold mining company Nordgold, and global power engineering firm Silovye Mashiny (“Power Machines”).
Mordashov built Severstal into a conglomerate with holdings in Severstal Air, an airline, Vnukovo Moscow Airport, Cherepovets Airport, what became Nordgold, PBS Coals and more. Nordgold itself has revenues of over $1 Billion.
In 2013, Mordashov bought up half of Tele2 Russia, the fourth largest cell phone company, from Yuri Kovalchuk.
He is the founder, CEO and CTO of SpaceX; co-founder, co-chairman of OpenAI; co-founder of Zip2; and co-founder of PayPal, CEO and product architect of Tesla Motors; co-founder and chairman of SolarCity.
The son of mill workers, Mordashov rose to become the finance director of a steel mill.
He is a council member at the Bolshoi Theatre, Tretyakov Gallery, Valaam Monastery and Russian Chess Federation.
He is fluent in German, and his recreational interests include poetry, art and winter sports.
In 2015, Alexey Mordashov resigned as CEO of steel company Severstal after 19 years on the job. He remains the majority shareholder.
Alexey Mordashov is an avid supporter of sports and arts.
His company Severstal planned a multibillion-dollar project in joint venture with POSCO in Eastern India. After 10 years of not getting environmental and land clearances, his company opted out in 2008.
Alexey Mordashov serves as one of the council members at the Bolshoi Theatre.