Valentin Gapontsev Net Worth is$1.1 Billion
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Valentin Gapontsev net worth: Valentin Gapontsev's net worth is $1.1 billion which makes him one of the richest people in Massachusetts. Valentin Gapontsev graduated from Lviv Polytechnic National University and studied physics at the Soviet Academy of Science's Institute of Radio Engineering and Electronics. He founded IPG Photonics in Russia when he was in his early 50s. One of the most prolific and successful innovators in the field of fiber lasers, Mr. Gapontsev has received numerous awards and honors, including an Engineering Excellence Award from the Optical Society of America in 1999, an Ernst & Young New England Entrepreneur of the Year Award in 2006, and the Russian Federation National Award in Science and Technology in 2010. IPG Photonics manufactures fiber lasers and amplifiers, which are used in everything from medicine to telecommunications. The company moved from Russia to Germany, and is now based in Massachusetts. Its products are manufactured in multiple countries, including the US, Russia, Germany, and Italy.

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Valentin Gapontsev Latest News

Lasers Heat Up as IPG Photonics Stays in High-Growth Mode

CEO Dr. Valentin Gapontsev was quite happy with the company's performance. "IPG delivered another record quarter," Gapontsev said, "driven by the secular shift to high-power products and increasing adoption of our technology across our largest applications ...
Posted: October 31, 2017, 2:13 am

IPG Photonics Corporation (IPGP) Moves Lower on Volume Spike for December 04

Headquartered in Oxford, MA, IPG Photonics Corporation has 4,230 employees and is currently under the leadership of CEO Valentin P. Gapontsev. For a complete fundamental analysis analysis of IPG Photonics Corporation, check out Equities.com’s Stock ...
Posted: December 4, 2017, 2:18 pm

IPG Photonics Appoints Dr. Eugene Scherbakov as Chief Operating Officer

Dr. Scherbakov will continue to report to Dr. Valentin Gapontsev, IPG Photonics' Chairman and Chief Executive Officer. "Eugene has been the most valued member of IPG's leadership team for more than 20 years and has been instrumental in the Company's ...
Posted: February 14, 2017, 12:05 am
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