Name
Valentin Gapontsev
Valentin Gapontsev
Worcester, Massachusetts
Bachelor of Science in Engineering, Lviv Polytechnic National University | Ph.D, Moscow Institute of Physics and Technology
United States
lasers, Self Made
$1,900,000,000
1281
#1281 Billionaires 2019
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.
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