Alexei Mordashov
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| Alexei Mordashov | |
| Born | 26 September 1965 Cherepovets, Russia |
|---|---|
| Occupation | Chairman |
| Net worth | $22.2 billion |
| Spouse | divorced and remarried |
| Children | three |
Alexei Mordashov (born ca. 1965) is a Russian business oligarch and self-made billionaire. He is the main shareholder and the chairman of the board of Severstal, Russia's second largest steel company.
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[edit] Education
Mordashov is a graduate of the Leningrad Engineering-Economical Institute. After graduation he joined Cherepovetskiy Metallurgical Plant in 1988 as an economist. He later gained an MBA from Northumbria University in Newcastle upon Tyne in 2001.
[edit] Career
He began his career as the finance director of a steel mill, later buying most of the company's shares himself and became general director. He built a conglomerate, Severstal, acquiring automakers, coal companies, ports and transportation companies.
[edit] Severstal
Severstal (RTS:CHMF MICEX:CHMF), Russian: Северсталь, "Northern Steel", is a Russian company mainly operating in the steel and mining industies. Centred in the northern city of Cherepovets, it is listed on the RTS and LSE, and is the second largest steel company in Russia, behind Evraz Group.
It's primary steel production facilities, including the Cherepovets steel plant, are located in northwest Russia, approximately 600 kilometres from Moscow and approximately 450 kilometres from St. Petersburg. It also operates a heavy plate mill, Mill 5000, and a large diameter pipes plant, the Izhorsky pipe plant in Kolpino.
Severstal's steel operations in Russia employ over 53,000 people.
[edit] Philanthropy
Both individually and through Severstal, Alexei Mordashov is involved in a wide range of philanthropic and charitable enterprises.
Through Severstal: Sponsor of the Bolshoi Theatre; sponsor of the Mariinsky Theatre; sponsor of the Tretyakov Gallery; sponsor of the Russian Museum; sponsor of the Museum of Frescoes by Dionisius; sponsor of the Sergei Andriaka Watercolour School; sponsor of the Moscow International Film Festival; sponsor of the Road Back Home charity for homeless children; sponsor of the "Severstal Cherepovets" super-league ice-hockey team; sponsor of the Dynamo (Moscow) Women’s Volleyball Club; sponsor of the Russian national male chess team; sponsor of over 20 Russian sports facilities including sports stadiums, ice rings, heated football fields and athletic centres.
As an individual: Bolshoi Theatre Charity Board; council for the restoration of the Valaam Monastery.
[edit] Allegations
Forbes reporter Paul Klebnikov, suggested in a magazine article in 2004 that Mordashov had taken ownership of Severstal by ousting his former boss. Klebnikov also alleged that Mordashov had used the company's steel profits to buy up shares originally issued for its staff. Mordashov insisted in the same article that "we never seized anything, we never twisted anyone's arm, we never used state organs or corruption".
[edit] Personal life
After divorcing his first wife, Mordashov was alleged to have ensured that she received no financial settlement, despite his wealth. She was reportedly left with only a small, rented apartment and a second-hand Lada.[1] He has since remarried and has three children.
[edit] See also
[edit] References
[edit] External links
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