About Valentin Gapontsev & family
In 1990, at age 51,Valentin Gapontsev founded IPG Photonics,which produces high-power fiber-optic lasers for cutting materials and telecommunications.
The NASDAQ-listed company is based in Oxford, Massachusetts, but operates all over the world; he owns a 23.2% stake.
Gapontsev holds Russian and U.S. citizenships and lives in Worcester, Mass.
Personal stats
Citizenship
United States of AmericaSource of wealth
lasersBirth date
02/23/39Number of children
1Education
Bachelor of Science in Engineering, Lviv Polytechnic National University; Ph.D, Moscow Institute of Physics and TechnologySelf-made
self-madeValentin Gapontsev & family’s fortune is worth
38K
troy ounces of gold
35K
median U.S. household
23K
median U.S. income
0.045%
U.S. credit card volume
0.009%
GDP of the United States
0.007%
United States debt
Net worth history
Annual ranking
Net worth over time
Real-time ranking
Financial assets
NASDAQ | IPGP-US
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