Ukraine-related: Russian mogul Mordashov is loyal to Mr. Putin, and he and his wife are under sanctions imposed by the European Union and the United States in response to Russia’s invasion of Ukraine.

From The New York Times; see also; and also


An enormous yacht, with the word NORD written on its front. Hong Kong’s skyline is in the background.
The Nord, anchored off Hong Kong in 2022. In that year, the U.S. State Department publicly raised concerns after Hong Kong said it would not seize the vessel.Credit...Reuters

Russia is one of Iran’s key allies. Iran’s foreign minister, Abbas Araghchi, met with Russia’s president, Vladimir V. Putin, in Moscow on Monday to discuss Iran’s war with the United States and Israel.

Mr. Mordashov, 60, is the chairman and main stakeholder of Severstal, one of Russia’s biggest steel makers. Shipping records show that the Nord is registered to Yurkon, a Russian firm that Mr. Mordashov’s wife, Marina A. Mordashova, owned for a brief period in 2022.

Yurkon is registered in Cherepovets, a town north of Moscow that is home to Severstal’s main plant, according to the Russian corporate registry. The chief executive of Yurkon, which lists “rental and leasing of water transport equipment” as its
main activity, is an individual linked to Severstal.

Mr. Mordashov, who also has interests in retail and gold mining, is one of the Russian moguls who acquired their initial wealth during the chaotic period of post-Soviet privatization in the 1990s. Last week, the Russian edition of Forbes ranked him as the country’s wealthiest man, with $37 billion in assets.

Like most Russian oligarchs, Mr. Mordashov is loyal to Mr. Putin, and he and his wife are under sanctions imposed by the European Union and the United States in response to Russia’s invasion of Ukraine.

When the Nord [JB: see above image] hored in waters off Hong Kong in 2022, the authorities there said they would not seize it, prompting the U.S. State Department to raise concerns about the “possible use of Hong Kong as a safe haven by individuals evading sanctions.”

The Nord has six decks, a 25-meter swimming pool, two helipads and a hangar that converts into a squash court, according to a yachting catalog. It was anchored off Oman on Monday, according to data; its final destination is Port Victoria in the Seychelles, the archipelago in the Indian Ocean, according to VesselFinder.com. 

Alexey Mordashov
Алексей Мордашов
Mordashov in 2018
Born26 September 1965 (age 60)
Cherepovets, Vologda Oblast, Soviet Union
Alma materLeningrad Engineering-Economical Institute (BEngMEng)
Northumbria University (MBA)
OccupationBusinessman
Known forMajority shareholder of Severstal
Spouses
Elena Mordashova
(m. 1986; div. 1996)
Elena Mordashova
 
(divorced)
 (second wife also Elena)
  • Marina Mordashova
Children7
Awards

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