Dmitry Pumpyansky
$2.9B
Born
Mar 22, 1964
Age
61
Source of Wealth
Steel pipes
Residence
Moscow,
Citizenship
Russia
Marital Status
Married
Children
1
Education
Master of Science in Engineering, Ural State Technical University
- Dmitry Pumpyansky got his start as a trader, then oversaw several metals plants in the Ural in the 1990s before taking over the Sinarsky Pipe Factory.
- Pumpyansky teamed up with fellow billionaires Sergei Popov and Andrei Melnichenko to acquire pipe conglomerate TMK, and then bought them out in 2006.
- Making pipes became the source of Pumpyansky's wealth. His TMK, a supplier to Gazprom since 1998, is No.1 in Russia.
- In 2011 Pumpyansky's JV with Siemens won a $2.7 billion contract from Russian Railways to deliver modern trains called Lastochka (swallow bird).
- In March 2021, Pumpyansky's TMK acquired an 86.5% stake in its rival, Russia-based steel producer ChelPipe Group, for 1.1 billion.
- His companies also gave a face lift to a stadium that hosted the 2018 World Cup in Ekaterinburg.
- Pumpyansky was sanctioned by the EU and U.K. in March 2022. He exited as TMK's beneficiary and resigned as a member of the board. Son Alexander also resigned as a member of TMK's board of directors.
- In 2022 his 236ft yacht Axioma was seized by Gibraltar authorities and then sold at the auction for $37.5m.
- Pumpyansky owns a gallery of modern art in Ekaterinburg, which exhibits some pieces from his own collection (mostly Russian artists).
- Pumpyansky has a PhD in economics, is the author of more than 70 scientific works, and taught GR in the Higher School of Economics based in Moscow.
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