|February 23, 1939
|Worcester, Massachusetts, Russia
|85 YEARS OLD
|Worcester, Massachusetts, U.S.
|Russian and American
|Lviv Polytechnic National University Moscow Institute of Physics and Technology
|founder, CEO and chairman of IPG Photonics
Valentin Gapontsev, a prominent figure in the manufacturing sector in Russia, is projected to have a net worth of approximately $2.8 billion by 2024. Having made significant contributions to the field, Gapontsev has risen to prominence through his relentless efforts in advancing manufacturing technologies. As the founder and CEO of a renowned manufacturing company, his innovative approach has revolutionized the industry, garnering international recognition and establishing his status as a leading entrepreneur. With his vast wealth and expertise, Gapontsev continues to shape the manufacturing landscape in Russia and beyond.
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.