Alexei Mordashov

Alexei Mordashov

infobox celebrity
name = Alexei Mordashov
birth_date = birth date and age|1965|9|26|df=y
birth_place = Cherepovets, Russia
occupation = Chairman
networth = $22.2 billion
spouse = divorced and remarried
children = four

Alexei Mordashov was born on September 26, 1965 in Cherepovets, Russia. 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.

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.

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.

everstal

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 km (about 370 mi) from Moscow and approximately 450 km (about 280 mi) 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.

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 [http://www.dionisy.com/eng 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.

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".

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. [ [http://www.timesonline.co.uk/article/0,,13509-2406831.html "The Times" 17 October 2006] ] He has since remarried and has four children.

ee also

*List of billionaires

References

External links

* [http://www.forbes.com/finance/lists/10/2004/LIR.jhtml?passListId=10&passYear=2004&passListType=Person&uniqueId=QW68&datatype=Person Forbes.com: Forbes World's Richest People 2004]
* [http://www.forbes.com/lists/2006/10/QW68.html Forbes World's Richest People 2006]
* [http://news.bbc.co.uk/1/hi/business/5019588.stm BBC]


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