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Dmitry Pumpyansky

Dmitry Pumpyansky

D. Pumpyansky
0% | + $0.00M
$2.95 B ₹ 26,824 Cr
Real Time Net Worth #1392 Ranking as of 21 Feb 2026 By Forbes

More on Dmitry Pumpyansky

Gender

Male

Age

61Y

Country

Russia

Born On

March, 1964

Deceased

No

Relationship Status

Married

Children

1

Education

Unknown

Designation Info :

Self-Made

Yes

Entrepreneur Type

Self-Made (Steel Pipes)

Primary Organization

TMK Group

Titles

Former Chairman

Sources of Wealth

TMK Group

Industry

Manufacturing, Steel, Energy

About Dmitry Pumpyansky


D mitry Pumpyansky is a Russian oligarch who built his fortune in the steel pipe manufacturing industry. He was the owner and chairman of the TMK Group, one of the world's largest producers of steel pipes for the oil and gas industry. He began his career as a metals trader in the 1990s before gaining control of the Sinarsky Pipe Plant during the privatization era.

He used this plant as a foundation to consolidate control over several other pipe-making factories, creating the industrial giant TMK. He also controlled the industrial company Sinara Group, which has interests in machine building and finance. Pumpyansky was a powerful and influential figure in Russia's industrial heartland in the Urals region. Due to his prominence and his meetings with President Vladimir Putin, he was sanctioned by the European Union and the United Kingdom in 2022 following the invasion of Ukraine. In response to the sanctions, he stepped down from his companies and transferred his assets.

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Quick Reads


  • Former owner and chairman of TMK Group, a leading global steel pipe manufacturer.
  • His company is a major supplier to the oil and gas industry.
  • Built his empire by consolidating pipe factories during the 1990s.
  • Was sanctioned by the EU and UK in 2022 due to his ties to the Kremlin.
  • Gave up his ownership and leadership roles after being sanctioned.

Early Life and Background


Dmitry Aleksandrovich Pumpyansky is a Russian billionaire businessman, the founder and former owner of OAO TMK (Trubnaya Metallurgicheskaya Kompaniya), a global manufacturer of steel pipes for the oil and gas industry. Born in 1964, his background is highly technical and industrial: he graduated from the Kirov Ural Polytechnic Institute in 1986 with a degree in Metallurgy and holds a PhD in Economics.

Pumpyansky's career began as a metals trader and industrial manager, recognizing the immense, structural demand for high-quality pipes in the Russian oil and gas sector. This expertise in metallurgy, coupled with his financial acumen (PhD in Economics), positioned him to strategically acquire and consolidate key industrial assets in the Ural region.

Career Journey of Dmitry Pumpyansky


Dmitry Pumpyansky's career is defined by industrial consolidation. He initially ran several metal factories before taking over the Sinarsky Pipe Factory. In 2002, he teamed up with fellow billionaires to acquire the pipe conglomerate TMK. His strategic masterpiece was buying out his partners, Sergei Popov and Andrey Melnichenko, in 2006, becoming the 100 percent owner of TMK. He subsequently listed TMK on the London Stock Exchange, raising $1 billion in capital.

Under his leadership, TMK became No. 1 in Russia in the steel pipe market, supplying virtually all major pipeline projects of Gazprom and Transneft. He aggressively expanded the company globally, acquiring assets in the U.S., Europe, and Canada. However, in March 2022, Pumpyansky was sanctioned by the EU and U.K. He immediately resigned as TMK's beneficiary and board member, and his megayacht, Axioma, was seized in Gibraltar, underscoring the extreme geopolitical risks of his fortune. His wealth is a testament to his dominance in the essential energy infrastructure supply chain.

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Dmitry Pumpyansky's Timeline


2002:

Joins OAO TMK (Corporate Entry).

2006 (October):

Buys out his partners, becoming 100 percent owner of TMK (Ownership Consolidation).

2006 (November):

Lists TMK on the London Stock Exchange (Financial Milestone 1).

2011:

His JV with Siemens wins a $2.7 billion contract from Russian Railways (Major Contract).

2022 (March):

Sanctioned by the EU and U.K.; resigns as TMK's beneficiary (Major Crisis).

2024 (June):

The EU's General Court annuls the sanctions (Legal Resolution).

Major Business Ventures and Investments


Dmitry Pumpyansky's wealth is concentrated in his former controlling stake in the publicly listed industrial giant, OAO TMK, and his investment firm, Sinara Group.

  • OAO TMK (Former Owner & Chairman): The core private asset, a global leader in steel pipes for the oil and gas industry. The company is the largest supplier in Russia.
  • Sinara Group: His investment firm with interests in transport, finance, and real estate. His joint venture with Siemens won a $2.7 billion contract to deliver modern trains (Lastochka) to Russian Railways.
  • Industrial Consolidation: His success is built on acquiring and consolidating pipe factories into a single market-dominant entity.
  • Cultural Assets: He owns a gallery of modern art in Yekaterinburg, exhibiting pieces from his private collection.

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Philanthropy and Social Impact


Dmitry Pumpyansky's social impact is structural, stemming from TMK's role in supplying the foundational infrastructure for the Russian energy sector (oil and gas pipelines). The company provides thousands of stable industrial jobs globally.

His personal philanthropy supports cultural and civic projects, including giving a face lift to a stadium that hosted the 2018 World Cup in Ekaterinburg. His post-sanctions legal battles highlight the intense, high-stakes relationship between private wealth and state policy in Russia.

Fashion, Style, and Lifestyle


Dmitry Pumpyansky maintains the professional, composed style of a Russian industrial magnate. His attire is consistently formal and high-quality, favoring tailored business suits. His aesthetic is one of serious authority, reflecting his decades of commanding vast industrial enterprises.

Residing in Moscow and formerly in Geneva, his luxury is the immense security and financial reward derived from his multi-billion dollar fortune. His life is defined by his commitment to industrial consolidation, high-stakes finance, and his passion for modern art and specialized engineering.

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Quotes and Philosophy


No publicly available quotes.

Fun Facts & Trivia


  • He bought out his partners in 2006 to become the 100 percent owner of TMK.
  • He holds a Master's degree in Metallurgy and a PhD in Economics.
  • His megayacht, Axioma, was seized in Gibraltar following the 2022 sanctions.
  • His company, TMK, is the largest supplier of steel pipes to Gazprom.
  • His JV with Siemens won a $2.7 billion contract for modern trains.
  • The EU's General Court annulled his sanctions in 2024 (though he remains sanctioned by the U.K. and U.S.).
  • He owns a gallery of modern art in Yekaterinburg.

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Sources & References


This profile is compiled from verified biographical and financial records:

  • Wealth Data: Real-time tracking and historical data from Forbes Billionaires and the Bloomberg Billionaires Index.
  • Biographical Records: Educational and career history sourced from Reuters, The Wall Street Journal, and official university alumni directories.
  • Regulatory Filings: Shareholder and executive disclosures from stock exchange databases, including HKEX, SSE, SZSE, and SEC EDGAR.
  • Corporate History: Primary data from annual company reports, founding charters, and verified press announcements.

All information is cross-referenced with public sources for accuracy; some narrative sections are AI-assisted summaries.

If you find any inaccuracies, please report them to admin@redcarpetlife.in

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