Alexey Mordashov

Businessman, Chairman of Severstal

Russian Cherepovets, Russia

Quick Info

ProfessionBusinessman, Chairman of Severstal
NationalityRussian
Date of Birth26/09/1965
Age60 years
BirthplaceCherepovets, Russia

Latest News about Alexey Mordashov

10/03/2026

Alexey Mordashov returned to the top position among Russia's richest individuals on the Forbes The World's Billionaires list published on 10 March 2026, with an estimated net worth of approximately $37 billion. This marks his first time in that position since 2021, and he ranked 57th globally on the list.

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Bio/Wiki

Alexey Mordashov is the majority shareholder and former CEO of Severstal, Russia's largest steel and mining company, which he founded in 1993 during privatization.
He returned to the top position among Russia's richest individuals in March 2026 with an estimated net worth of $37 billion, ranking 57th globally.

Personal Life

ResidenceRussia

Relationships & More

Marital StatusMarried

Family

Children7

Career

Key Positions
  • Year: 1996 Role: CEO and major shareholder, Severstal
  • Year: 2002 Role: Chairman of the Board of Directors, Severstal
  • Year: 2015 Role: Resigned as CEO of Severstal after 19 years
Companies
  • Severstal (steel and mining)
  • Severgroup (investments)
  • Rossiya Bank (shareholder)
Milestones
  • 1993: Founded Severstal-Invest during privatization
  • Expanded Severstal internationally
  • 2026: Forbes reported his wealth at a record level for Russian billionaires

Some Lesser Known Facts

1. Grew up in a working-class family; both parents worked at Cherepovets Steel Mill
2. Russia's richest man as of 2022 with family net worth over $29 billion
3. Returned to the top position among Russia's richest individuals in March 2026, his first time since 2021
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