Sergei Popov

  DescriptionDescriptionSergei Viktorovich Popov is a Russian entrepreneur, businessman and investor who promotes business education and the support of young entrepreneurs in Russia.  

• Sergei Popov has cashed out of all his investments in recent years.
• He and his former partner Andrei Melnichenko made a fortune managing finance and industrial group MDM.
• They later created TMK, one of the world’s largest oil and gas pipe manufacturers, with former billionaire Dmitry Pumpyansky.
• They sold out to Pumpyansky in 2006. That same year the partners started to divide up their assets, a process that wasn’t complete until 2012.
• In 2015 he sold MDM-bank to Binbank. Two years later it went bankrupt and came under the control of the Central Bank of the Russian Federation.