Dmitry Pumpyansky
Source of wealth: Steel pipes
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The scale of their wealth
Health
The price of life
Let's compare Dmitry Pumpyansky's fortune with the healthcare spending of a massive country
Dmitry Pumpyansky could fund the entire healthcare system of DR Congo, with a population of over 105,800,000 people, for approximately 1.3 years.
But even if we compare their fortune with that of a rich country
On the other end, Dmitry Pumpyansky could cover the healthcare spending of Luxembourg, considered the most heavily funded healthcare system in the world, for 0.6 years.
Education
Buying the future
Let's also compare their fortune with education spending, first with a poor country
Dmitry Pumpyansky could cover the total cost of Nigeria's education system, the most populous country in Africa with over 243,000,000 inhabitants, for 0.9 years.
And yes, we can also compare it with a rich country
But they couldn't just cover the cost of a poor country; Luxembourg is considered the country with the highest per capita investment in education in the world, and Dmitry Pumpyansky could pay for it entirely for 1.2 years.
Research
The monopoly on progress
Coming full circle, we think it's also interesting to add another gigantic country
Dmitry Pumpyansky could fully fund the state research budget of Pakistan, the fifth most populous country in the world with over 260,000,000 inhabitants, for 5.0 years.
And of course, the country that invests the most per capita worldwide
But even if we compare the total wealth of Dmitry Pumpyansky with Israel, the country that invests the most per capita in research in the world, they could cover the total cost of the system for 0.1 years.
Gold
Everyday luxuries
Dmitry Pumpyansky's fortune is equivalent to 20 tons of gold. It's hard to process, since we don't usually keep a handful of gold bars in our piggy banks.
A standard gold ring usually weighs between 4 and 7 grams. Let's say this one weighs 5 grams. It's usually 18 karats.
Based on today's gold price (excluding the jeweler's commission, shipping, or anything else), that ring would be worth $546.86.
Dmitry Pumpyansky could buy 5,429,882 gold rings. That's a lot of fingers and way too many gifts!!
And if you're struggling to visualize that many rings, it would take 1 trucks to transport them. Although Dmitry Pumpyansky will almost certainly have enough money left over to pay for the gas.
Biography
Dmitry Pumpyansky got his start as a trader, then oversaw several metals plants in the Ural in the 1990s before taking over the Sinarsky Pipe Factory.
Pumpyansky teamed up with fellow billionaires Sergei Popov and Andrei Melnichenko to acquire pipe conglomerate TMK, and then bought them out in 2006.
Making pipes became the source of Pumpyansky's wealth. His TMK, a supplier to Gazprom since 1998, is No.1 in Russia.
In 2011 Pumpyansky's JV with Siemens won a $2.7 billion contract from Russian Railways to deliver modern trains called Lastochka (swallow bird).
In March 2021, Pumpyansky's TMK acquired an 86.5% stake in its rival, Russia-based steel producer ChelPipe Group, for 1.1 billion.
His companies also gave a face lift to a stadium that hosted the 2018 World Cup in Ekaterinburg.
Pumpyansky was sanctioned by the EU and U.K. in March 2022. He exited as TMK's beneficiary and resigned as a member of the board. Son Alexander also resigned as a member of TMK's board of directors.
In 2022 his 236ft yacht Axioma was seized by Gibraltar authorities and then sold at the auction for $37.5m.
Financial Assets
Monthly wealth history
Fortune comparison
Historical data not available for comparison