Age, Biography and Wiki
Valentin Gapontsev (Valentin P. Gapontsev) was born on 23 February, 1939 in Moscow, Russian SFSR, Soviet Union, is a Founder. Discover Valentin Gapontsev's Biography, Age, Height, Physical Stats, Dating/Affairs, Family and career updates. Learn How rich is He in this year and how He spends money? Also learn how He earned most of networth at the age of 82 years old?
| Popular As |
Valentin P. Gapontsev |
| Occupation |
Laser physicist |
| Age |
82 years old |
| Zodiac Sign |
Pisces |
| Born |
23 February 1939 |
| Birthday |
23 February |
| Birthplace |
Moscow, Russian SFSR, Soviet Union |
| Date of death |
October 22, 2021 |
| Died Place |
N/A |
| Nationality |
Russia |
We recommend you to check the complete list of Famous People born on 23 February.
He is a member of famous Founder with the age 82 years old group.
Valentin Gapontsev Height, Weight & Measurements
At 82 years old, Valentin Gapontsev height not available right now. We will update Valentin Gapontsev's Height, weight, Body Measurements, Eye Color, Hair Color, Shoe & Dress size soon as possible.
| Physical Status |
| Height |
Not Available |
| Weight |
Not Available |
| Body Measurements |
Not Available |
| Eye Color |
Not Available |
| Hair Color |
Not Available |
Who Is Valentin Gapontsev's Wife?
His wife is Married
| Family |
| Parents |
Not Available |
| Wife |
Married |
| Sibling |
Not Available |
| Children |
1 |
Valentin Gapontsev Net Worth
His net worth has been growing significantly in 2022-2023. So, how much is Valentin Gapontsev worth at the age of 82 years old? Valentin Gapontsev’s income source is mostly from being a successful Founder. He is from Russia. We have estimated
Valentin Gapontsev's net worth
, money, salary, income, and assets.
| Net Worth in 2023 |
$1 Million - $5 Million |
| Salary in 2023 |
Under Review |
| Net Worth in 2022 |
Pending |
| Salary in 2022 |
Under Review |
| House |
Not Available |
| Cars |
Not Available |
| Source of Income |
Founder |
Valentin Gapontsev Social Network
| Instagram |
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| Wikipedia |
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| Imdb |
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Timeline
Gapontsev died on 22 October 2021. The cause of death is unknown, but it is known that he had cancer.
In 2020, Forbes ranked him No. 359 on the Forbes 400 of the richest people in America.
In 2019, Gapontsev was erroneously sanctioned as a "Russian oligarch". The decision was later reversed by the US Treasury.
In 2011, Gapontsev received the Russian Federation National Award in Science and Technology.
In 1990, Gapontsev founded IPG Photonics at age 51. In a small laboratory near Moscow, he and his team invented a way to make fiber laser technology practical. His first contract was a $750,000 sale to Italtel, fulfilled by establishing IPG Laser GmbH factory in Burbach, which was employing 500 workers in 2011.
In mid-1990s, he expanded his business into the US by partnering with Dallas-based RELTEC Communications to produce 10,000 optical amplifiers for new BellSouth fiber network, which was being built to connect 5 millions of US households to Internet. IPG Photonics was incorporated in the US in 1998. After moving his firm to the US, he raised $100 million investment from Merrill Lynch and Apax Partners. IPG specializes in production of telecommunications and industrial high-power lasers. According to Forbes, Gapontsev's firm controlled 80% of the high-power fiber laser market in 2011. Its revenue reached $1.4 billion in 2017. Gapontsev and his family own 47.6% of IPG.
After completing doctorate, he joined the Soviet Academy of Sciences Institute of Radio-engineering and Electronics in 1967, where he specialized in laser material physics, researching synthesis of active gain medium materials.
Valentin Gapontsev was born in Moscow, the son of an artillery captain. The family moved to Lviv in 1946, and he spent the next 20 years there. Graduating from the Lviv Polytechnic National University in 1961, he completed a doctoral program in the Moscow Institute of Physics and Technology.
Valentin P. Gapontsev (23 February 1939 – 22 October 2021) was a Russian-American laser physicist, billionaire, and the founder, CEO, and chairman of IPG Photonics. At the time of his death, his net worth was estimated at US$2.3 billion.
