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The Guardian - UK
The Guardian - UK
World
Joanna Partridge

Alexei Mordashov: Russia’s richest man is now an EU sanctions target

Alexey Mordashov.
Alexey Mordashov at the Kremlin in December 2021. Photograph: Kommersant Photo Agency/Rex

He is the Russian oligarch who stepped in to keep travel firm Tui afloat, pumping in cash as international tourism came to a standstill during the pandemic.

However, Alexei Mordashov – who owns a third of Europe’s biggest tour operator and is its largest single shareholder – may be becoming something of a liability for Tui, whose shares are listed in London, after the EU added him to its sanctions list on Monday night.

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