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Sergei Popov (businessman)

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Russian businessman and banker
Sergei Popov
Сергей Попов
Popov in 2008
Born (1971-08-12) 12 August 1971 (age 53)
Yekaterinburg, Russia
EducationBachelor of Arts/Science
Alma materUral Polytechnic Institute
Occupation(s)Businessman, Investor
Children2

Sergei Viktorovich Popov (Russian: Серге́й Викторович Попов; born 12 August 1971) is a Russian businessman and billionaire.

Early life and education

Popov studied for his Bachelor's Degree in Bachelor of Arts/Science at the Ural Polytechnic Institute.

Career

In 1994, he co-founded Prodcontract, supplying scrap metal to Russia's biggest metallurgical plants. In 1996, he co-founded MDM Business Concern. From 1997 to 1999, he was a partner and business manager of the company.

In 2000, he became co-founder and Chairman of the Board of Directors of MDM Industrial Group. The Group identified three core business sectors: production of pipes, fertilisers and thermal coal, and began acquiring businesses in these sectors. Such large businesses as OAO TMK (one of the leading producers of oil and gas pipelines in the world), SUEK (the largest coal energy company in Russia), and Eurochem (one of the world's leading mineral fertiliser producers) were established. During this period, in 2002, Popov became a 50% partner in MDM Bank.

In 2006, Popov sold the first of his business assets. In 2016, exited his remaining active investments with the sale of his stake in MDM Bank to B & N Bank.

Popov is a founder member of the Moscow School of Management, Skolkovo.

In 2010, Popov founded a private fund called Agat, which has a mentoring program that offers young businesspeople startup capital.

Net worth

As per Forbes, his net worth was estimated at $3.1B in 2022, making him the 984th richest person in the world.

References

  1. ^ "Sergei Popov". Forbes. Retrieved June 1, 2022.
  2. "Annual Report of OAO Siberian Coal Energy Company 2009" (PDF). Retrieved 2020-04-03.
  3. "TMK". www.tmk-group.com. Retrieved 2020-04-02.
  4. "SUEK". Archived from the original on 2016-02-09. Retrieved 2016-11-28.
  5. "EuroChem Group". EuroChem Group. Retrieved 2020-04-02.
  6. "Russia's MDM Bank owners part ways". Reuters. 2006-12-18. Archived from the original on December 22, 2016. Retrieved 2020-04-02.
  7. "BRIEF-Binbank shareholders launch squeeze-out for remaining MDM Bank shares". Reuters. 2016-03-17. Archived from the original on December 22, 2016. Retrieved 2020-04-02.
  8. "Russia's Binbank to buy controlling stake in MDM bank - statement". Reuters. 2015-06-30. Retrieved 2020-04-02.
  9. "Moscow School of Management SKOLKOVO". school.skolkovo.ru (in Russian). Retrieved 2020-04-02.

External links

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