Valentin Gapontsev Net Worth

Valentin Gapontsev was born on February 23, 1939 in Worcester, Massachusetts, Russia. Valentin Gapontsev is considered by Russians to be the father of the fiber-optic laser industry. In 1990, at age 51, he founded IPG Photonics, which produces high-power fiber-optic lasers for cutting materials and telecommunications. The company is based in Oxford, Mass., but operates all over the world. He studied laser physics at the Soviet Academy of Science's Institute of Radio Engineering and Electronics. Gapontsev holds Russian and U.S. citizenships and lives in Worcester, Mass.
Valentin Gapontsev is a member of Manufacturing

Age, Biography and Wiki

Birth Day February 23, 1939
Birth Place Worcester, Massachusetts, Russia
Residence Worcester, Massachusetts, U.S.
Citizenship Russian and American
Alma mater Lviv Polytechnic National University Moscow Institute of Physics and Technology
Known for founder, CEO and chairman of IPG Photonics
Spouse(s) Married
Children 1

💰 Net worth: $2.9 Billion (2021)

2012 $1.1 Billion
2013 $1.3 Billion
2015 $1.2 Billion
2016 $1 Billion
2017 $1.6 Billion
2018 $3.11 Billion



Valentin Gapontsev was born in Moscow, early in the Second World War, the son of an artillery captain. The family moved to Lvov in 1946, and he spent the next 20 years there. He was educated at Lviv Polytechnic National University and Moscow Institute of Physics and Technology.


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