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World top billionaires

Alexei Mordashov (born ca. 1965) is a Russian business oligarch and self-made billionaire. He is the main shareholder and the chairman of the board of the Severstal, Russia's second largest steel company.

In 2004 he outbid U.S. Steel to buy bankrupt Rouge Industries for $285 million. In 2005, Severstal bought 70% stake in Italian steel producer Lucchini. Mordashov acquired the last private state-owned TV channel in Russia, Ren-TV, which attracted international attention when it canceled anchorwoman Olga Romanova's program after she criticized Russian authorities on air. A leading proponent of Western-style management training, Mordashov is advocating for Russia's entry into the WTO.

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