Dmitry Pumpyansky
Dmitry Pumpyansky | |
|---|---|
| Born | March 22, 1964 Russia |
| Occupation | Entrepreneur |
| Known for | Former chairman and owner of OAO TMK |
Dmitry Aleksandrovich Pumpyansky (born 22 March 1964) is a Russian billionaire entrepreneur and former chairman and owner of OAO TMK, a leading global producer of steel pipes serving the oil and gas industry. As of August 2022, his estimated net worth was approximately US$2.0 billion.
Early life
In 1986, Pumpyansky graduated from the Kirov Ural Polytechnic Institute and subsequently earned advanced academic qualifications, including a Candidate of Sciences degree in Engineering and a Doctor of Science degree in Economics. In 2024, he obtained a Doctor of Technical Sciences degree with a dissertation focused on the advancement of steels, alloys, and innovative high-performance technologies designed for next-generation OCTG and specialized pipe applications.
Career
Pumpyansky began his professional journey in metals trading and later oversaw operations at various metal manufacturing plants before acquiring the Sinarsky Pipe Factory. He became involved with OAO TMK in 2002 when, together with fellow billionaires Sergei Popov and Andrey Melnichenko, he purchased the company. By 2006, he had secured full ownership by buying out his partners. Pumpyansky held the position of TMK’s chairman until March 9, 2022, when it was announced that he resigned from the board and ceased to be a beneficiary.
Personal life
Pumpyansky is married and has one child. According to Forbes, his residence is in Yekaterinburg, Russia; however, Swissinfo reported in 2022 that he, along with his wife and son, resides in Geneva. He was formerly the owner of the 236-foot luxury yacht Axioma, which was seized and subsequently auctioned off in Gibraltar.
Sanctions
Included among 96 oligarchs under the United States’ Countering America's Adversaries Through Sanctions Act (CAATSA) enacted in 2017, Pumpyansky faced additional sanctions by the UK government in 2022 amid the Russo-Ukrainian War. The European Union also placed him on its sanctions list in March 2022.