Alexey Mordashov & family

Severstal (PAO Severstal; Russian steel & mining)Controlling shareholder · 77% · as of Sep 2026

More

Role

Controlling shareholder (CEO 1996-2015)

Stake

77%

Stake as of

2026-09-24

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

More

Stake

29.9% (transferred 2022)

Stake as of

2022-03

Nordgold — stake transferred in 2022 under sanctions pressureas of 2022

Unifirm Ltdholding co

More

Type

holding co

Notes

Mordashov company that held the 29.9% TUI stake before March 2022 transfer

Sardinia, Italyvilla (frozen by Italian authorities… · $115M (reported value) · frozen 2022

More

Type

villa (frozen by Italian authorities under 2022 sanctions)

Price

$115M (reported value)

Date

frozen 2022

Superyacht Lady M — frozen by Italian authorities (2022)

Superyacht Nord (newer vessel, owned)

EU and UK sanctions imposed Feb/March 2022 after Russia's invasion of Ukraine; forced restructuring of TUI and…

More

In full

EU and UK sanctions imposed Feb/March 2022 after Russia's invasion of Ukraine; forced restructuring of TUI and Nordgold holdings

Germany's economy ministry reviewed TUI foreign ownership for national-security implications after the Ondero transfer…

More

In full

Germany's economy ministry reviewed TUI foreign ownership for national-security implications after the Ondero transfer (2022)

Severstal reportedly lost over $400M in 2022 due to sanctions

Any change to EU/UK sanctions status affecting Mordashov and restructured holdings (TUI via Ondero)

Severstal dividend decisions and Russian steel market conditions (77% holder)