Sergei Popov

Sergei Popov has cashed out of all his investments in recent years. He and his former partner Andrei Melnichenko made a fortune managing finance and industrial group MDM. They later created TMK, one of the world's largest oil and gas pipe manufacturers, with former billionaire Dmitry Pumpyansky.They sold out to Pumpyansky in 2006. That same year the partners started to divide up their assets, a process that wasn't complete until 2012. In 2015 he sold MDM-bank to Binbank. Two years later it went bankrupt and came under the control of the Central Bank of the Russian Federation.