People · #61 of 100 Net worths as of Sep 24, 2026
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#61 of 100 · Industrials

Alexey Mordashov & family

Steel, Investments
Net worth
$36.9B
Forbes Real-Time · as of Sep 24, 2026
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Latest moves

No moves from Alexey Mordashov & family in the digest yet. The archive grows every morning.

Recent SEC filings

This person doesn't file with the SEC.

Footprint

Companies

Severstal (PAO Severstal; Russian steel & mining)Controlling shareholder · 77% · as of Sep 2026
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Role
Controlling shareholder (CEO 1996-2015)
Stake
77%
Stake as of
2026-09-24
source ↗

Stakes

TUI Group — Mordashov's Unifirm transferred its 29.9% TUI stake (~$1.4B) to BVI company Ondero Ltd in March 2022 after EU/UK sanctions; Ondero controlled by a family member via Ranel Assets Ltd29.9% · as of Mar 2022
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Stake
29.9% (transferred 2022)
Stake as of
2022-03
source ↗
Nordgold — stake transferred in 2022 under sanctions pressureas of 2022
source ↗

Investment vehicles

Unifirm Ltdholding co
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Type
holding co
Notes
Mordashov company that held the 29.9% TUI stake before March 2022 transfer
source ↗

Real estate

Sardinia, Italyvilla (frozen by Italian authorities… · $115M (reported value) · frozen 2022
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Type
villa (frozen by Italian authorities under 2022 sanctions)
Price
$115M (reported value)
Date
frozen 2022
source ↗

Trophies

Superyacht Lady M — frozen by Italian authorities (2022)
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Superyacht Nord (newer vessel, owned)
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Legal & regulatory

EU and UK sanctions imposed Feb/March 2022 after Russia's invasion of Ukraine; forced restructuring of TUI and…
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In full
EU and UK sanctions imposed Feb/March 2022 after Russia's invasion of Ukraine; forced restructuring of TUI and Nordgold holdings
source ↗
Germany's economy ministry reviewed TUI foreign ownership for national-security implications after the Ondero transfer…
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In full
Germany's economy ministry reviewed TUI foreign ownership for national-security implications after the Ondero transfer (2022)
source ↗
Severstal reportedly lost over $400M in 2022 due to sanctions
source ↗

Research gaps: Web search budget exhausted; Severstal IR shareholder page 404; TUI shareholder page had no data; U.S. OFAC designation, current TUI/Ondero stake level, Power Machines and other Russian holdings, and 2024-2026 legal challenges (e.g., EU court) not verified. No real estate purchases in last 5 years found. Severstal ticker/exchange not verified in a fetched source.

What to watch

Any change to EU/UK sanctions status affecting Mordashov and restructured holdings (TUI via Ondero)
source ↗
Severstal dividend decisions and Russian steel market conditions (77% holder)
source ↗