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Posted on: June 26, 2019, 8:01 a.m.
Mordashov, 53, made the bulk of his $19.8 billion fortune from steelmaker Severstal PJSC. : Alexey Mordashov’s children are quickly climbing the ranks of the world’s wealthiest, even as one of them just emerged from his teens. The country’s fourth-richest man transferred some of his holdings last week in European tour operator TUI AG, worth $890 million, to his sons Kirill, 20, and Nikita, 19. In February, he gave them a 65% stake in gold producer Nordgold valued at $780 ... Full investment news articleRelevent to this post: Michigan State University Office of Investments New York University Endowment,