Alexey Mordashov & family

Alexey Mordashov & family

Alexey Mordashov & family (#58)

Global Rank #58
Country Rank #1
Country Russia

Alexey Mordashov & family is listed among the world billionaires tracked by Iconic Billionaires.

  • $ 37 B
  • Steel, investments
  • Russia
  • M
  • 60 Years

Snapshot

Quick Facts

Global Rank #58
Country Rank #1
Net Worth $36.9B
Previous Worth $36.9B
Worth Change +$0.0B
Country Russia
Industry Steel, investments
Age 60 Years
Gender M
Worth As Of May 16, 2026
Residence Moscow, Russia
Citizenship Russia

Profile Data

Personal Stats

Age 60
Source Of Wealth Steel, investments, Self Made
Residence Moscow, Russia
Citizenship Russia
Marital Status Married
Children 7
Education Master of Business Administration, University of Northumbria; Master of Science in Engineering, Leningrad Institute of Economics
Net Worth Change +$0.0B +0.0% from previous worth
Previous Net Worth $36.9B
Current Net Worth $36.9B

Worth as of May 16, 2026

About Me

Alexey Mordashov is the majority shareholder in steel company Severstal, which he ran as CEO for 19 years before resigning in 2015. Hit by sanctions in 2022, he immediately transferred ownership of key assets, including shares of leisure company TUI and mining outfit Nordgold. Severstal, in which he still has a 77% stake, lost more than $400 million in 2022 due to Western sanctions, according to Mordashov. Severstal sold off two U.S. steel plants in 2014, withdrawing from the market at a time of rising tensions between Russia and the West, and turned its focus to its domestic business. The son of mill workers, Mordashov rose to become the finance director of a steel mill. When the plant's elderly director instructed him to acquire shares to keep them from an outsider, Mordashov kept most of them for himself.

Achievements

Forbes List Highlights

A snapshot of the list placements and rankings connected to Alexey Mordashov & family.

#57
Billionaires (2026)

Insights

Did You Know?

Mordashov is a council member at the Bolshoi Theatre.

His yacht, Lady M, and a $115 million villa in Sardinia were both frozen by Italian police. His new yacht Nord, meanwhile, was spotted in the Maldives in November.

Wealth Growth

Net Worth Growth Over Time

Tracking Alexey Mordashov & family's net worth journey over the years, highlighting key growth phases and financial milestones.

Worth Trend Net Worth Growth
Period Change Worth Movement
Current Net Worth: $36.9B (May 16, 2026)