Russian Business Tycoon Alexei Mordashov wife, net worth, biography

Alexey Alexandrovich Mordashov is a billionaire businessman from Russia. He is the majority shareholder and chairman of Severstal, a Russian conglomerate with holdings in metal, energy, and mining firms . On February 28, 2022, in response to Russia’s invasion of Ukraine in 2022, the European Union blacklisted Mordashov and froze all of his assets. He gave his whole ownership in Nordgold, worth approximately $1.1 billion, to his wife, Marina Mordashova. Come down to learn more about Alexei Mordashov wife, net worth, house, biography, and other details:

Who is Alexei Mordashov wife? He  just transferred $1 billion of his empire to his wife

Marina Mordashov is Alexei Mordashov wife. In a recent public filing submitted to the United Kingdom government on Wednesday, Russian mining company Nordgold revealed that majority owner Alexey Mordashov, a billionaire businessman and potentially Russia’s richest man, secretly transferred his entire stake in Nordgold, valued at approximately $1.1 billion, to his wife, Marina Mordashova, in an effort to divest himself of assets vulnerable to European Union sanctions targeting Russian oligarchs. On Monday, the billionaire was added to the EU’s latest list of sanctions targeting individual Russian oligarchs.

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Marina Mordashova now owns more than half of the business’s shares, according to the Nordgold filing in the United Kingdom, and Alexey Mordashov was fired as corporate director on Wednesday. Mordashov and his family have had a difficult week since the new round of fines were announced. On Wednesday, the businessman resigned from the board of another company in which he held significant stock, German tour operator Tui.

Alexei Mordashov and Marina has four children

Alexei Mordashov had a daughter at the height of the pandemic, his seventh child in a family of billionaires. Seniors came in 15th place on a recent list of the wealthiest heirs. They are now 14 percent poorer since they have to share with their sister.

“Alena Alekseevna was born at Mordashov # 1 on June 1. She feels great, just like her parents, ”the press service of Severstal confirmed to Forbes. During the epidemic, the whole family strictly observed the self-isolation regime in their house in New Riga, the press service noted.

Mordashov’s fourth child from Marina’s third wife is Alena. Maria (born in 2009) and Nastya (2012), as well as Alena’s brother Daniel (2014), attend the Russian-English school Wunderpark, which Marina Mordashov founded near her home in 2015. Children studied remotely during quarantine, and the school moved to functioning online.

Alexei Mordashov previously married to Elena 

Mordashov and his first wife Elena (often Yelena) split in 1996 after having a son, Ilya. When his ex-wife sued him for half of his pre-divorce property in 2001, it was discovered in a St Petersburg divorce court that he was paying only $620 a month to maintain her and their son. She lost the case and incurred significant fees. After she pursued the matter to the European Court of Human Rights, the case was eventually settled.

Mordashov has two more sons, Kirill and Nikita, by 2001, after marrying his second wife, Elena. In 2018-2019, the KN-holding company was established for Kirill and Nikita, to whom Mordashov transferred his Nordgold and TUI interests. The businessman planned to pass on his knowledge to his sons in this way. However, due to failed academics and going for military service, Nikita lost his share in 2021.

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How much is Alexei Mordashov net worth and earnings?

Alexei is a Russian business magnate and entrepreneur who, by intelligent investment and hard work, tenacity, and dedication, has transformed his and his family’s lives. According to Forbes’ annual billionaires’ list, Mordashov is Russia’s richest man, with a family net worth of slightly more than $29 billion. Mordashov amassed his fortune as the largest shareholder and chairman of Severstal, Russia’s fourth largest steel producer by volume. Nordgold was founded in 2007 as a Severstal subsidiary.

After 19 years as CEO, Alexey Mordashov, a main shareholder in the steel business Severstal, retired in 2015. He also controls roughly 30% of TUI Group, one of the world’s largest travel and tourist companies. Mordashov stepped down as CEO in 2015, and former COO Vadim Larin was appointed in his place.  The chairmanship would be given to Mordashov. Severstal has confirmed the adjustments. The European Union banned Mordashov on February 28, 2022, in response to the Russian invasion of Ukraine in 2022. All of Mordashov’s assets were frozen.

Alexei Mordashov private jets and yachts

Along with his diverse business holdings, Mordashov has the kind of accoutrements that any self-respecting billionaire would have, such as a private plane and at least one yacht. Mordashov’s plane, which has a huge cabin, can transport 14 passengers, and has a range that allows it to fly nonstop from London to Beijing, did not spend much time in Russia before returning to Seychelles.

Meanwhile, one of the billionaire’s boats, the 142-meter Nord, is overwintering in the Indian Ocean, sharing its name with Mordashov’s gold-mining enterprise. The yacht, which was built by German shipyard Lürssen and is scheduled to be delivered in 2021, cost an estimated $500 million and features Italian interior design as well as a helicopter landing pad.

Why has the EU blacklisted Mordashov?

Mordashov was one of the top Kremlin-connected oligarchs added to the EU’s sanctions blacklist in the aftermath of Russia’s bloody invasion of Ukraine. The EU has been pursuing businessmen and politicians suspected of supporting Putin’s government over the years.

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According to The Guardian, the EU’s arguments for blacklisting Mordashov include Rossiya Bank, in which he has a financial interest, operating as the “personal bank” of top Russian officials who profited from the takeover of Crimea. The alliance also pointed to his investments in various pro-Russian media outlets as contributing to Ukraine’s destabilization.

What is a Russian oligarch?

A Russian oligarch is an extremely wealthy Russian who, despite not being elected to positions of authority by Russia’s people, wields direct or perceived power in the country’s affairs. In the 1990s, oligarchs — or extraordinarily wealthy business leaders with political ties — grew more prominent in Russia, but they are not unique to Russia.

Many Russian oligarchs are deeply involved in and profit from Russian President Vladimir Putin’s government, with some even holding official roles.

Alexei Mordashov biography: Age, Parents, Nationality, Education

His birthplace is Cherepovets, Russia, where he was born on September 26, 1965. He is currently a 56-year-old attractive man. His parents are Aleksandr and Mariya Mordashov. Mordashov was born to parents who both worked in steel mills. He said his family relied on welfare coupons, which limited them to 200g of butter and 400g of sausages every month. He is of Russian descent and of white race. His zodiac sign is Libra.

He earned a bachelor’s degree in engineering and economics from the Leningrad Engineering-Economical Institute, now known as ENGECON. In 2001, he graduated with an MBA from Northumbria University in Newcastle upon Tyne, England. Mordashov spoke to students at the European University of Saint Petersburg about his decision to study in Leningrad rather than Moscow and the importance of his undergraduate courses in his job hunt and subsequent career path. When he returned to Cherepovets, he began his profession at the steel company where his parents had worked.