Early Life and Education
Dmitry Aleksandrovich Pumpyansky was born on March 22, 1964, in Kirov, Russia. He graduated from the Kirov Ural Polytechnic Institute in 1986 with a degree in metallurgy. Pumpyansky furthered his education, earning a Candidate of Sciences (Engineering) and a Doctor of Science (Economics) degree. He also obtained a Doctor of Technical Sciences in 2024, with his dissertation focusing on the development of high-efficiency technologies for the production of OCTG and specialty pipe solutions.
Rise to Success
Pumpyansky began his career as a metals trader, subsequently overseeing several metal plants in the Urals during the 1990s. He then took over the Sinarsky Pipe Factory. In 2002, he joined OAO TMK, a Russian global manufacturer of steel pipes for the oil and gas industry. Along with fellow billionaires Sergei Popov and Andrey Melnichenko, he acquired TMK in 2002. Pumpyansky became the 100% owner of TMK in 2006. He served as the chairman of TMK until March 9, 2022, when he resigned from the company's board of directors.
Key Business Strategies
Pumpyansky's strategic moves included transforming OAO TMK into a global leader in the steel pipe industry. Under his leadership, the company expanded internationally and increased its market share. In March 2021, TMK acquired an 86.5% stake in its rival, Russia-based steel producer ChelPipe Group.
Philanthropy
Pumpyansky is known for his philanthropic work, particularly in education and healthcare. His companies also gave a facelift to a stadium that hosted the 2018 World Cup in Ekaterinburg.
