Alexey Mordashov, the richest Russian punished with EU sanctions. “I have nothing to do with this war”

Alexei Mordashov is a 56-year-old billionaire and oligarch. According to Forbes, who in 2021 proclaimed him the richest Russian, his fortune amounts to 31.2 billion dollars. Mordashov is the owner of a stake in Tui – the largest travel agency in Europe, as well as 79.2 percent. Severstal shares – a company specializing in the production of steel. Some of its high-strength products are used in the production of Russian defense equipment, including armored vehicles. He started investing in Tui in 2007 and has been a member of the company’s supervisory board since 2016. In order to save her from the effects of the pandemic, he began to buy out more shares. Currently, it has 34 percent. stake in Tui.

Alexey Mordashov. The oligarch under the sanctions of the European Union. What for?

Mordashov belongs to the group of oligarchs cooperating with President Vladimir Putin. Consequently, the EU imposed sanctions on the rich man. However, the United Kingdom did not punish him, but as “” predicts, the oligarch’s interests in this region will now be significantly limited anyway – some of the billionaire’s shares are listed in London.

The EU argues on sanctions that the Rossiya Bank controlled by Mordashov and Yuri Kovalchuk – a businessman sometimes referred to as “Putin’s personal banker” – is also the “personal” bank of high-ranking Russian officials who would benefit from the annexation of Crimea.

Alexei Mordashov: I have nothing to do with the war in Ukraine, stop this bloodshed

Mordashov himself, in a statement quoted by the British daily, wrote that he did not understand how his inclusion on the EU sanctions list would help resolve the conflict in. “I have absolutely nothing to do with the emergence of the current geopolitical tension,” he explained. He defined himself as far from politics and called for an end. He called the conflict “a tragedy of two fraternal nations.” “It is terrible that Ukrainians and Russians are dying, people are suffering, the economy is collapsing. We must do everything necessary to find a way out of this conflict in the near future and stop bloodshed,” he said.

The position on sanctions for the oligarch was also taken by the president of the TUI Group, Friedrich Joussen. “Mr. Mordaszow (…) owns about one third of the shares. Two-thirds of our shareholders come from Germany, the European Union, Great Britain, the United States, some are funds. Mr. Mordaszow is also one of the 20 members of the Supervisory Board elected by shareholders at the time However, our company is run by a management board, like any other German listed company, and not by shareholders or the Supervisory Board. Therefore, we assume that any restrictions or sanctions against Mr. Mordaszow will not have any lasting negative consequences for us. as companies “- we read in the letter quoted by” “.

When the war broke out, Mordashov flew to the Seychelles

Mordashov has a 142-meter Nord yacht with a helipad. Experts estimate that the luxury boat cost him 300-500 million dollars. He also has a private jet Bombardier Global 6000, which flew to the Seychelles on the first day of the war in Ukraine. We wrote more about the oligarchs’ escapes here:

The Russian war against Ukraine continues. There is information about houses destroyed, wounded and killed. Needs are increasing hour by hour. That is why Gazeta.pl joins forces with the Polish Center for International Aid (PCPM) Foundation to support humanitarian aid for Ukrainians and Ukrainians. Anyone can join the fundraiser by making a deposit through or on the website. More information in the article:

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