Alexei Mordashov Net Worth (Updated 2025).
Alexei Mordashov, a name that has become synonymous with Russian business and industry, began his career in the early 1990s, a time of significant economic transformation in Russia. Starting as an engineer at a local metallurgical plant, Mordashov’s analytical mind and entrepreneurial spirit quickly set him apart. He saw the potential in the privatization process and, with a small group of investors, purchased the plant in 1992, marking the beginning of his journey to the top of the Russian business world.
As the newly appointed director, Mordashov implemented innovative strategies to turn the once-struggling plant into a profitable enterprise. His success didn’t go unnoticed, and in 1996, he took a significant step forward by acquiring the Severstal steel mill, a move that would catapult him into the ranks of Russia’s wealthiest and most influential businessmen.
**Alexei Mordashov’s Current Net Worth (2025)**
As of 2025, Alexei Mordashov’s net worth is estimated to be around $29.5 billion, according to Forbes. This makes him one of the wealthiest individuals in Russia and the world.
**Career**
Mordashov began his career in 1989 as an economist at the Leningrad Metal Plant. He rose through the ranks and became the director of the plant in 1996. In 1998, he founded Severgroup, a Russian conglomerate with interests in steel, energy, and finance.
**Other Ventures**
Mordashov’s Severgroup has investments in various sectors. One of the most significant is the steel company, Severstal, which Mordashov controls. He also has interests in energy, with investments in power generation and oil and gas. Additionally, he has stakes in financial services companies, including a bank and an insurance company.
**Assets**
Mordashov’s assets include a significant stake in Severstal, which is one of the world’s largest steel producers. He also owns a controlling stake in the Russian bank, Severgroup Bank. His real estate holdings include a luxury apartment in London and a mansion in the French Alps.
**Annual Income**
Mordashov’s annual income fluctuates due to the performance of his businesses and investments. However, in 2024, his estimated annual income was around $1.2 billion, according to Forbes. This figure can vary significantly from year to year.
Frequently Asked Questions about Alexei Mordashov
**Frequently Asked Questions: Alexei Mordashov Net Worth**
1. What is Alexei Mordashov’s net worth?
Alexei Mordashov’s net worth is estimated to be around $29.1 billion.
2. How did Alexei Mordashov make his fortune?
Mordashov made his fortune primarily through his involvement in the steel industry. He is the founder and majority shareholder of Severstal, one of the world’s largest steel producers.
3. Where is Alexei Mordashov from?
Alexei Mordashov was born in Cherepovets, Russia.
4. What is Alexei Mordashov’s age?
Alexei Mordashov was born on October 26, 1965, making him 56 years old.
5. Is Alexei Mordashov married?
Yes, Alexei Mordashov is married. He married his wife, Margarita, in 1991.
6. How many children does Alexei Mordashov have?
Alexei Mordashov has three children.
7. What is Alexei Mordashov’s political affiliation?
Alexei Mordashov is a member of the United Russia political party.
8. What are some of Alexei Mordashov’s philanthropic efforts?
Mordashov has been involved in various philanthropic efforts, including supporting healthcare, education, and cultural initiatives in Russia. He has also donated to disaster relief efforts.
9. What is Alexei Mordashov’s education background?
Mordashov graduated from the Cherepovets Mechanical Engineering College with a degree in mechanical engineering.
10. What other businesses is Alexei Mordashov involved in besides Severstal?
Besides Severstal, Mordashov has investments in other industries such as banking, real estate, and technology. He is also the owner of the English Premier League football club, Sunderland AFC.
