Dmitry A. Pumpyansky (born 22 March 1964) is a Russian

billionaire A billionaire is a person with a net worth of at least one billion (1,000,000,000, i.e., a thousand million) units of a given currency, usually of a major currency such as the United States dollar, euro, or pound sterling. The American busin ...

businessman. He was the owner and chairman of

OAO TMK "TMK" (russian: ПAO Трубная Металлургическая Компания, Trubnaya Metallurgicheskaya Kompaniya, Pipe Metallurgical Co., OJSC) () is a leading global manufacturer and supplier of steel pipes, tubular solutions and re ...

, a Russian global manufacturer of steel pipes for the oil and gas industry. As of August 2022, his net worth was estimated at US$2.0 billion.

Early life

Pumpyansky graduated from the

Kirov Ural Polytechnic Institute Kirov may refer to: *Sergei Kirov (1886–1934), Soviet Bolshevik leader in Leningrad after whom all other entries are named *Kirov (surname) Places Armenia *Amrakits or Kirov *Taperakan or Kirov Azerbaijan *Kirov, Baku *Kirov, Lankaran *Kirov, S ...

in 1986, and earned a Candidate of Sciences (Engineering), and a Doctor of Science (Economics).

Career

Pumpyansky started as a metals trader, then ran several metal factories, then took over the Sinarsky Pipe Factory. Pumpyansky joined

in 2002. Together with fellow billionaires Sergei Popov and Andrey Melnichenko, they bought the company, and he bought them out in 2006, becoming the 100% owner. He was the chairman of TMK. On March 9, 2022 TMK said in a statement that Pumpyansky is no longer a beneficiary of the Russian pipe manufacturer and has resigned from the company's board of directors.

Personal life

Pumpyansky is married, with one child. According to Forbes, he lives in

Yekaterinburg Yekaterinburg ( ; rus, Екатеринбург, p=jɪkətʲɪrʲɪnˈburk), alternatively romanized as Ekaterinburg and formerly known as Sverdlovsk ( rus, Свердло́вск, , svʲɪrˈdlofsk, 1924–1991), is a city and the administra ...

, Russia. In 2022 Swissinfo reported that he, his wife, and Swiss son live in

Geneva Geneva ( ; french: Genève ) frp, Genèva ; german: link=no, Genf ; it, Ginevra ; rm, Genevra is the List of cities in Switzerland, second-most populous city in Switzerland (after Zürich) and the most populous city of Romandy, the French-speaki ...

. He owned the 236-foot megayacht ''Axioma'' until it was auctioned off after it was seized in Gibraltar.

Sanctions

Pumpyansky is on the list of 96 "oligarchs" in

Countering America's Adversaries Through Sanctions Act The Countering America's Adversaries Through Sanctions Act (CAATSA) is a United States federal law that imposed sanctions on Iran, North Korea, and Russia. The bill was passed by the Senate on July 27, 2017, 98–2, after it passed the House 419 ...

, passed into US law in August 2017. In March 2022, Pumpyansky was put on a list of sanctions by the

European Union The European Union (EU) is a supranational political and economic union of member states that are located primarily in Europe. The union has a total area of and an estimated total population of about 447million. The EU has often been des ...

.Forbes: EU Targets Three More Russian Billionaires In Latest Wave Of Sanctions
10 March 2022

References

External link

{{DEFAULTSORT:Pumpyansky, Dmitry Living people Russian billionaires 1960s births Russian individuals subject to European Union sanctions