Sergei Popov (businessman)

Sergei Viktorovich Popov (Russian: Серге́й Викторович Попов; born 1971) is a Russian businessman. As per Forbes, his net worth was estimated at $4.5B in 2021 making him 638th richest person in the world.[1]

Sergei Popov
Sergey Viktorovich Popov at the MDM-Bank event, 2008
Born12 August 1971
Yekaterinburg, Russia
EducationBachelor of Arts/Science
Alma materUral Polytechnic Institute
OccupationBusinessman, Investor
Children2

Biography

Popov studied for his Bachelor's Degree in Bachelor of Arts/Science at the Ural Polytechnic Institute.[2]

In 1994, he co-founded Prodcontract,[3] supplying scrap metal to Russia's biggest metallurgical plants. In 1996 he co-founded MDM Business Concern.[4] 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[5] (one of the leading producers of oil and gas pipelines in the world), SUEK[6] (the largest coal energy company in Russia), and Eurochem (one of the world's leading mineral fertiliser producers)[7] 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,[8] and in 2016 exited his remaining active investments with the sale of his stake in MDM Bank to B & N Bank.[9][10]

Popov is a founder member of the Moscow School of Management, Skolkovo.[11]

In 2010 Popov founded a private fund called Agat, which has a mentoring program that offers young businesspeople startup capital.[12]

References
  1. "Sergei Popov". Forbes. Retrieved 2021-12-30.
  2. "Sergei Popov". Forbes. Retrieved 2021-09-03.
  3. "Annual Report of OAO Siberian Coal Energy Company 2009" (PDF). Retrieved 2020-04-03.{{cite web}}: CS1 maint: url-status (link)
  4. "Sergei Popov". Forbes. Retrieved 2020-04-02.
  5. "TMK". www.tmk-group.com. Retrieved 2020-04-02.
  6. "Archived copy". Archived from the original on 2016-02-09. Retrieved 2016-11-28.{{cite web}}: CS1 maint: archived copy as title (link)
  7. "EuroChem Group". EuroChem Group. Retrieved 2020-04-02.
  8. "Russia's MDM Bank owners part ways". Reuters. 2006-12-18. Retrieved 2020-04-02.
  9. "BRIEF-Binbank shareholders launch squeeze-out for remaining MDM Bank shares". Reuters. 2016-03-17. Retrieved 2020-04-02.
  10. "Russia's Binbank to buy controlling stake in MDM bank - statement". Reuters. 2015-06-30. Retrieved 2020-04-02.
  11. "Moscow School of Management SKOLKOVO". school.skolkovo.ru (in Russian). Retrieved 2020-04-02.
  12. "Sergei Popov". Forbes. Retrieved 2021-02-19.
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