Alexei Mordashov's Quotes

Alexey Alexandrovich Mordashov (Russian: Алексей Александрович Мордашов; born 26 September 1965) is a Russian billionaire businessman. He is the main shareholder and chairman of Severstal, a Russian conglomerate with interests in metal, energy and mining companies. As of 9 April 2021, Bloomberg Billionaires Index estimated Mordashov’s personal net worth at US$25.8 billion, making him the fourth-richest person in Russia. In the Forbes ranking, which takes into account the assets of the whole family, Mordashov ranks first among Russian billionaires ($29.1B).

Alexei Mordashov's selected quotes:

Alexei Mordashov about Great:

Building companies involves creating great wealth. If that means I am an oligarch, OK, it's fine ...
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Alexei Mordashov about Work:

People were expecting Rouge to go bankrupt, so there was a lot of anxiety. The corporate ...
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Alexei Mordashov about Success:

We believe that the business system only is the key to success. It's no miracle, only ...
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Alexei Mordashov about You:

What you need to keep most in the U.S. is the entrepreneurial spirit.

Alexei Mordashov about Work:

The U.S. has done a great job improving productivity. We're making a lot more steel in ...
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Alexey Alexandrovich Mordashov (Russian: Алексей Александрович Мордашов; born 26 September 1965) is a Russian billionaire businessman. He is the main shareholder and chairman of Severstal, a Russian conglomerate following interests in metal, energy and mining companies. As of 9 April 2021, Bloomberg Billionaires Index estimated Mordashov’s personal net worth at US$25.8 billion, making him the fourth-richest person in Russia. In the Forbes ranking, which takes into account the assets of the entire sum family, Mordashov ranks first in the course of Russian billionaires ($29.1B).

All quotes from Alexei Mordashov sorted alphabetically:

Alexei Mordashov about Great:

Building companies involves creating great wealth. If that means I am an oligarch, OK, it's fine. But if being an oligarch is about buying football clubs, it is not for me.

Alexei Mordashov about Good:

In a literal sense, even a private company, of course, cannot do everything that it wants without some discussion with government. As a good corporate citizen, Severstal discussed the idea of a merger with Arcelor with the Russian government.

Alexei Mordashov about People:

I don't have any opinions about Russians. There are celebrity persons in each country. Different people do different things.

Alexei Mordashov about I Am:

It is a very big exaggeration to say I am a friend of Mr. Putin.

Alexei Mordashov about Wealth:

My wealth is reflected in the price of Severstal, and the number of shares I have in my possession doesn't have any impact on the company.

Alexei Mordashov about Work:

People were expecting Rouge to go bankrupt, so there was a lot of anxiety. The corporate culture problem was even worse than in Russia. And at the same time, the work rules were more difficult.

Alexei Mordashov about Country:

Russia is not a homogenous country, it's a very fragmented country.

Alexei Mordashov about Government:

Regarding our links with the Russian government, Severstal is a private company with no government participation. We are answerable to our shareholders.

Alexei Mordashov about Business:

The steel business is a local business. We do believe in the U.S. economy and would like to have a strong, balanced presence here.

Alexei Mordashov about Future:

The future is in green energy, it's in making steel for energy-efficient cars.

Alexei Mordashov about Success:

We believe that the business system only is the key to success. It's no miracle, only day-to-day work in the appropriate way.

Alexei Mordashov about Growth:

We appreciate size, but only if it is robust growth. Just to be big is not a target.

Alexei Mordashov about Work:

The U.S. has done a great job improving productivity. We're making a lot more steel in Dearborn with fewer people. The unions have accepted much better work rules.

Alexei Mordashov about Business:

Well... I graduated from the business school of Northumberland University in Newcastle.

Alexei Mordashov about You:

What you need to keep most in the U.S. is the entrepreneurial spirit.

Alexei Mordashov about Happy:

When we put $4 billion into the U.S. economy, they were OK with this. When we preserved jobs in Dearborn, or preserved jobs in Columbus, or preserved jobs in Pennsylvania, everyone was happy.