Alexei Mordashov
Encyclopedia
Alexey Mordashov was born on 26 September 1965 in Cherepovets
Cherepovets
Cherepovets is the largest city in Vologda Oblast, Russia, located on the bank of the Rybinsk Reservoir of the Sheksna River, a tributary of the Volga River. Population: 311,869 ; It is served by Cherepovets Airport.-Location:...

, Vologda Oblast
Vologda Oblast
Vologda Oblast is a federal subject of Russia . Its administrative center is Vologda. The largest city is Cherepovets.Vologda Oblast is rich in historic monuments, such as the magnificent Kirillo-Belozersky Monastery, Ferapontov Convent , medieval towns of Velikiy Ustyug and Belozersk, baroque...

. He is a Russian business oligarch
Business oligarch
Business oligarch is a near-synonym of the term "business magnate", borrowed by the English speaking and western media from post-Soviet parlance to describe the huge, fast-acquired wealth of some businessmen of the former Soviet republics during the privatization in Russia and other post-Soviet...

 and self-made billionaire. He is the main shareholder and the CEO of Severstal
Severstal
OAO Severstal Russian: Северсталь, "Northern Steel") is a Russian company mainly operating in the steel and mining industry, centred in the northern city of Cherepovets. Severstal is listed on the RTS and LSE. As of 2009, it is the largest steel company in Russia according to The Metal Bulletin....

, one of Russia's largest steel and mining companies.
Mordashov has an estimated US$ 18.5 billion fortune according to the US business magazine Forbes.

Education

Mordashov is a graduate of the Leningrad Engineering-Economical Institute, currently known as ENGECON. After graduation he joined Cherepovetskiy Metallurgical Plant in 1988 as an economist. He later gained an MBA from Northumbria University
Northumbria University
Northumbria University is an academic institution located in Newcastle upon Tyne in the North East of England. It is a member of the University Alliance.- History :...

 in Newcastle upon Tyne
Newcastle upon Tyne
Newcastle upon Tyne is a city and metropolitan borough of Tyne and Wear, in North East England. Historically a part of Northumberland, it is situated on the north bank of the River Tyne...

 in 2001. During his time in Newcastle he attended most Newcastle United football games that were played in the city and became a follower of the club.

Career

He began his career in 1988 as a low employee at the Cherepovets steel mill and in 1992 became finance director, shortly before the company was privatised. He formed two investment funds and, by buying up workers' shares, built a major stake in the factory. He became general director of the company in 1996. He built a conglomerate, Severstal
Severstal
OAO Severstal Russian: Северсталь, "Northern Steel") is a Russian company mainly operating in the steel and mining industry, centred in the northern city of Cherepovets. Severstal is listed on the RTS and LSE. As of 2009, it is the largest steel company in Russia according to The Metal Bulletin....

, acquiring steel, coal and mining companies.

Severstal

ОАО Severstal is one of the world’s largest vertically integrated steel and mining companies. With assets in Russia and other CIS countries, USA, Europe and Africa, Severstal reported revenue of $13,573 million and EBITDA of $3,263 million in 2010. Severstal’s crude steel production in 2010 reached 14.7 million tonnes. Severstal also produced 589 koz of gold at its gold mining assets in West Africa, Kazakhstan and Russia. The сompany is listed on RTS and MICEX, the сompany’s GDRs are traded on LSE.

Severstal's operations employ over 84,000 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
Bolshoi Theatre
The Bolshoi Theatre is a historic theatre in Moscow, Russia, designed by architect Joseph Bové, which holds performances of ballet and opera. The Bolshoi Ballet and Bolshoi Opera are amongst the oldest and most renowned ballet and opera companies in the world...

; sponsor of the Mariinsky Theatre
Mariinsky Theatre
The Mariinsky Theatre is a historic theatre of opera and ballet in Saint Petersburg, Russia. Opened in 1860, it became the preeminent music theatre of late 19th century Russia, where many of the stage masterpieces of Tchaikovsky, Mussorgsky, and Rimsky-Korsakov received their premieres. The...

; sponsor of the Tretyakov Gallery
Tretyakov Gallery
The State Tretyakov Gallery is an art gallery in Moscow, Russia, the foremost depository of Russian fine art in the world.The gallery's history starts in 1856 when the Moscow merchant Pavel Mikhailovich Tretyakov acquired works by Russian artists of his day with the aim of creating a collection,...

; sponsor of the Russian Museum
Russian Museum
The State Russian Museum is the largest depository of Russian fine art in St Petersburg....

; sponsor of the 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
Severstal Cherepovets
HC Severstal Cherepovets is a professional ice hockey team based in Cherepovets, Vologda Oblast, Russia. They are members of the Tarasov Division in the Kontinental Hockey League.-History:Founded in 1956, the club was originally known as Stroitel 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
Valaam Monastery
The Valaam Monastery, or Valamo Monastery is a stauropegic Orthodox monastery in Russian Karelia, located on Valaam, the largest island in Lake Ladoga, the largest lake in Europe.-History:...

.

External links

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