Alexei Mordashov
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Alexei Mordashov (born 1965) is a Russian business oligarch. He is the main shareholder and the chairman of the board of the Severstal, Russia's second largest steel company.
Mr 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 a masters of business administration (MBA) degree from Northumbria University in Newcastle upon Tyne in 2001.
US investigative reporter Paul Klebnikov suggested in a Forbes magazine article in 2004 that Mr Mordashov had taken ownership of Severstal by ousting his former boss. Mr Klebnikov alleged that Mr Mordashov had used the company's steel profits to buy up shares originally issued for its staff. Mr Mordashov insisted in the same article that "we never seized anything, we never twisted anyone's arm, we never used state organs or corruption".
After divorcing his first wife, Aleksei Mordashov (whose personal wealth was estimated to be in the region of $700 million in 2006) was alleged to have ensured that the former Mrs. Mordashov received no financial settlement. She was left with only a small, rented apartment and a second-hand Lada. [1]
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