Valentin Gapontsev

Valentin P. Gapontsev (born 23 February 1939)[2] is a Russian-American billionaire, known as the founder, CEO, and chairman of IPG Photonics.

Valentin Gapontsev
Gapontsev in 2011
Born
Valentin P. Gapontsev

(1939-02-23) February 23, 1939
Russia, USSR
CitizenshipRussian and American
EducationLviv Polytechnic National University
Moscow Institute of Physics and Technology
Known forfounder, CEO and chairman of IPG Photonics
Net worthUS$2.1 billion (August 2018)[1]
Spouse(s)Married
Children1

Early life

Valentin Gapontsev was born in Moscow, early in the Second World War, the son of an artillery captain.[3] The family moved to Lvov in 1946, and he spent the next 20 years there.[3] He was educated at Lviv Polytechnic National University and Moscow Institute of Physics and Technology. [1] In 2020, Forbes ranked him No. 359 on the Forbes 400 of the richest people in America.[4]

Career

In 1990, Gapontsev founded IPG Photonics.[1]

Gapontsev and his family own 47.6% of IPG.[5]

In 2011, Gapontsev received the Russian Federation National Award in Science and Technology.[2]

Personal life

He is married, with one child, and lives in Worcester, Massachusetts.[1]

References

  1. "Forbes profile: Valentin Gapontsev". Forbes. Retrieved 7 February 2018.
  2. "Valentin Gapontsev". kremlin.ru. Retrieved 7 February 2018.
  3. "Independent Thinker: Valentin Gapontsev of IPG Photonics". spie.org. Retrieved 7 February 2018.
  4. "Valentin Gapontsev & family". Forbes. Retrieved 2020-10-13.
  5. MAIN, Peter S. Cohan WALL &. "Valentin Gapontsev, Worcester's aging billionaire". telegram.com. Retrieved 7 February 2018.


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