Mordashov vs Ofer
Severstal and Zodiac Maritime.
The differences
- Forbes puts Alexey Mordashov about $1.1B ahead of Eyal Ofer.Forbes figures from 9 Oct 2026 and 9 Oct 2026.
- Alexey Mordashov: built it up. Eyal Ofer: inherited and grew it.
- Eyal Ofer is about 15 years older than Alexey Mordashov.
- Alexey Mordashov is from Russia; Eyal Ofer is from Israel.
Put someone else on either side
Side by side
Mordashov
OferThe money
- Net worth, Forbes
- $36.9BForbes, 9 Oct 2026
- $35.8BForbes, 9 Oct 2026
- Net worth, Bloomberg
- $27.6BBloomberg, 17 Oct 2026
- $32.1BBloomberg, 17 Oct 2026
- Forbes rank
- No. 61Real-Time list, 9 Oct 2026
- No. 65Real-Time list, 15 Oct 2026
- Billionaire since
- Not stated
- Not stated
Where it came from
- How it started
- Built it upJoined the Cherepovets steel mill as an economist in 1988, became finance director in 1992 and CEO in 1996; Bloomberg says he built his majority stake through two investment funds that bought workers' shares after the 1993 privatisation
- Inherited and grew itJoined his father's shipping business in the 1970s and took it into real estate and banking; when Sammy Ofer died in 2011 the assets were divided between Eyal and his brother Idan
- Main source
- Severstal stockBloomberg: the majority of his fortune comes from his 77% stake in Severstal; it also values Nordgold, Power Machines and Lenta
- Zodiac shipping group and Global Holdings real estate, through Ofer GlobalBloomberg's largest items: Zodiac Group ($11 billion), Mizrahi Tefahot Bank ($4.1 billion), Royal Caribbean ($3.2 billion), Global Holdings ($1.56 billion US assets)
- Companies
- SeverstalSeverstal: Chairman of the board
- Zodiac Maritime, Global HoldingsZodiac Maritime: Chairman; Global Holdings: Founder and chairman
- Biggest stake
- Severstal77% owned
- Zodiac MaritimeStake not stated
The person
- Born
- 26 Sep 1965Cherepovets, Russia (then the Soviet Union)
- 2 Jun 1950Haifa, Israel
- Country
- RussiaLives in Moscow, Russia
- IsraelLives in Monte Carlo, Monaco
- Education
- Graduate degreeLeningrad Engineering and Economic Institute (1988); MBA, Northumbria University (2006)
- Not statedAtlantic College, UK (secondary school)
- Parents
- Both parents were steelworkers at the Cherepovets mill
- Elder son of shipping magnate Sammy Ofer, once Israel's richest man
What they give
- Giving Pledge
- Not a signer
- Not a signer
- Foundation
- Way Home Charitable FoundationSet up by Severstal in 2005; Severstal says he personally oversees its programme
- Eyal & Marilyn Ofer Family FoundationSupports education, healthcare and the arts
- Lifetime giving
- Not stated
- Not stated
Role and record
- Role now
- Chair of the boardChairman of Severstal and of Severgroup
- Chair of the boardChairman of Ofer Global, Zodiac Maritime and Global Holdings
- Successor
- Alexander Shevelev is CEO of SeverstalNo family member is named in a Severstal executive role in the cited sources
- His son Daniel Ofer has been CEO of Zodiac Maritime since 2011; his son David is a managing partner of O.G. Venture Partners, and all four children work in Ofer Global's businesses
- Public office
- None found
- None found
- Legal record
- 2022: Council of the EU; 2022: US Treasury (OFAC); 2023: EU General CourtListed under EU restrictive measures concerning Russia in 2022; the EU listing describes him as a Russian businessperson with close links to the Russian government. Designated by OFAC on 2 June 2022 under Executive Order 14024 (Russia). The General Court dismissed his challenge to the EU restrictive measures (Case T-248/22) on 20 September 2023 and ordered him to pay the costs.
- None found
