Russian Steel Tycoon to Build One-Stop Shop for Food and Travel
- Alexey Mordashov plans to create an online marketplace
- Half of his wealth already comes from outside the steel sector
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Russian billionaire Alexey Mordashov made his money in steel, but is betting on groceries and tourism to help expand his empire away from commodities.
Almost half of his $20 billion fortune already comes from outside the steel industry. The country’s fifth-richest man said he wants to keep investing in consumer-focused sectors and eventually create an online marketplace for them.