The scale of their wealth
Health
The price of life
Let's compare Albert Avdolyan's fortune with the healthcare spending of a massive country
Albert Avdolyan could fund the entire healthcare system of DR Congo, with a population of over 105,800,000 people, for approximately 3.2 years.
But even if we compare their fortune with that of a rich country
On the other end, Albert Avdolyan could cover the healthcare spending of Luxembourg, considered the most heavily funded healthcare system in the world, for 1.4 years.
Education
Buying the future
Let's also compare their fortune with education spending, first with a poor country
Albert Avdolyan could cover the total cost of Nigeria's education system, the most populous country in Africa with over 243,000,000 inhabitants, for 2.1 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 Albert Avdolyan could pay for it entirely for 2.9 years.
Research
The monopoly on progress
Coming full circle, we think it's also interesting to add another gigantic country
Albert Avdolyan could fully fund the state research budget of Pakistan, the fifth most populous country in the world with over 260,000,000 inhabitants, for 12.0 years.
And of course, the country that invests the most per capita worldwide
But even if we compare the total wealth of Albert Avdolyan 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 0.3 years.
Gold
Everyday luxuries
Albert Avdolyan's fortune is equivalent to 49 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.
Albert Avdolyan could buy 13,044,927 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 2 trucks to transport them. Although Albert Avdolyan will almost certainly have enough money left over to pay for the gas.
Biography
Albert Avdolyan owns Far East and Siberian coal mining and gas companies.
Avdolyan got the investment capital from selling stakes in the Russian telecommunications companies Megafon and Yota.
Two billion tons of coking are proven reserves of the largest in Russia basin Elga. Avdolyan is the major shareholder of the company that keeps the license on extracting coal there.
In 2022 he started construction of a private railroad from coal deposits in Yakutia to the future port on the Sea of Okhotsk, the Pacific railway. Its length is about 500 kilometers.
Financial Assets
Monthly wealth history
Fortune comparison
Historical data not available for comparison