Alexander Rakshin & family
Source of wealth: retail
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The scale of their wealth
Health
The price of life
Let's compare Alexander Rakshin & family's fortune with the healthcare spending of a massive country
Alexander Rakshin & family could fund the entire healthcare system of DR Congo, with a population of over 105,800,000 people, for approximately 0.6 years.
But even if we compare their fortune with that of a rich country
On the other end, Alexander Rakshin & family could cover the healthcare spending of Luxembourg, considered the most heavily funded healthcare system in the world, for 0.3 years.
Education
Buying the future
Let's also compare their fortune with education spending, first with a poor country
Alexander Rakshin & family could cover the total cost of Nigeria's education system, the most populous country in Africa with over 243,000,000 inhabitants, for 0.4 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 Alexander Rakshin & family could pay for it entirely for 0.6 years.
Research
The monopoly on progress
Coming full circle, we think it's also interesting to add another gigantic country
Alexander Rakshin & family could fully fund the state research budget of Pakistan, the fifth most populous country in the world with over 260,000,000 inhabitants, for 2.4 years.
And of course, the country that invests the most per capita worldwide
But even if we compare the total wealth of Alexander Rakshin & family 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
Alexander Rakshin & family's fortune is equivalent to 10 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.
Alexander Rakshin & family could buy 2,573,334 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 0 trucks to transport them. Although Alexander Rakshin & family will almost certainly have enough money left over to pay for the gas.
Biography
Alexander Rakshin is the founder and owner of Maria-Ra, a Russian retail chain.
He founded his first Maria-Ra store in 1993 in Barnaul and has built the business into Siberia's largest retail chain with more than 1,300 locations.
Rakshin has 25% in the most operational companies. His family members (wife, son and daughter) own the same stakes.
The family also invests in commercial real estate, including shopping malls and markets, as well as office buildings in Siberia, Moscow and Saint Petersburg.
Rakshin got his start in business in 1990 when he and his partners established fur farm with silver foxes and minks to produce fur hats. He left the venture to start Maria-Ra three years later.
Financial Assets
Financial assets information not available.
Monthly wealth history
Fortune comparison
Historical data not available for comparison