What is Alexi Mordashov’s total assets?

Total Price:$ 11 billion
Arising:26 September, 1965
country of origin:Russia
Sources of funds:Businessman
Last Updated:2020


Alexey Mordashov is a Russian billionaire businessman.

Mordashov is the main shareholder and chairman of Severstal, a Russian conglomerate with interests in metals, energy and mining companies.

As of 2020, Alexei Mordashov has a net worth of $ 11 billion.

early life

Alexey Alexandrovich Mordashov was born on September 26, 1965 in Cherepovets, Russia.

Mordashov is the son of parents who were both steel mill workers.

Mordashov graduated from Leningrad Engineering-Economic Institute with a bachelor’s degree, currently known as Angicon. He later did his MBA in 2001 from Northumbria University in Newcastle in Tyne, England.

The business

In 1988, Mordashov began working at a steel plant in his hometown as an accountant. When his company was privatized and Severstal became a joint stock company, he bought his shares. In 1996 Mordashov became the general director of Severstal.

Even though Mordashov has acquired major industrial facilities in Russia, Ukraine, Kazakhstan, France, Italy, the US and Africa, Severstal remains headquartered in Cherepovets.

His company, Severstal, is one of the twenty-five largest producers of steel in the world. It has built Severstal with a hold on Serious Air, Vanukovo Moscow Airport, Cherepovets Airport and other places.

Severstal Group is the investment arm of Mordashov. In 2013, he bought Tele2 Russia’s fourth-largest cell phone company, Half. He is the chairman of the board of Nordgold and Power Machine, a large power machine making company.

As of 2020, Alexei Mordashov has total assets of $ 11 billion.


Some of the best highlights of Alexey Mordashov’s career are:

  • He is the main shareholder and chairman of Sewarstal
  • Nord Gold NV (2012)
  • Mordashov was elected as the President of the World Steel Association (2012)

Favorite Quotes from Alexey Mordashov

“My assets are reflected in Severstal’s price, and all the shares I own have no effect on the company.” – Alexey Mordashov

“In a literal sense, even a private company cannot, of course, do everything it wants to do without some discussion with the government. As a good corporate citizen, Severstal discussed the idea of ​​a merger with Arcelor with the Russian government. “ – Alexey Mordashov

“When we poured $ 4 billion into the US economy, they were fine with it. Everyone was happy when we preserved jobs in Dearborn, or preserved jobs in Columbus, or jobs in Pennsylvania. “ – Alexey Mordashov

“Construction companies involve generating great wealth. If that means I’m an elite, well, that’s fine. But if the elite is about buying a football club, it is not for me. “ – Alexey Mordashov

“We believe that the business system is the key to success. This is no miracle, only day to day work in a proper way. “ – Alexey Mordashov

3 powerful lessons from Alexey Mordashov

Now that you know about the total wealth of Alexei Mordashov and how he achieved success; Let’s have a look at some of the lessons we can learn from:

1. Be a legend

Do something worth remembering.

2. Lost opportunities

There is no use going back in search of a lost opportunity; Someone else has found it.

3. Share happiness

Happiness is not complete until it is shared.


Alexey Mordashov is a businessman who is one of the richest people in Russia. Mordashov is best known for being the chairman and shareholder of Severstal.

As of 2020, Alexei Mordashov has a net worth of $ 11 billion.

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