Alexander Savelyev & family
Source of wealth: banking
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The scale of their wealth
Health
The price of life
Let's compare Alexander Savelyev & family's fortune with the healthcare spending of a massive country
Alexander Savelyev & family could fund the entire healthcare system of DR Congo, with a population of over 105,800,000 people, for approximately 0.7 years.
But even if we compare their fortune with that of a rich country
On the other end, Alexander Savelyev & 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 Savelyev & 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 Savelyev & 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 Savelyev & 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 2.5 years.
And of course, the country that invests the most per capita worldwide
But even if we compare the total wealth of Alexander Savelyev & 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 Savelyev & 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 Savelyev & family could buy 2,664,952 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 Savelyev & family will almost certainly have enough money left over to pay for the gas.
Biography
Alexander Savelyev is the controlling shareholder Bank of Saint Petersburg, which is among the 20 largest banks in Russia.
He was named CEO of the bank in 2001 and now owns about 27%, while his daughter and top managers control another 28%.
In 2022, while most Russian banks suffered losses, Bank of Saint Petersburg remained profitable.
Prior to entering the banking industry, Savelyev worked in several transport enterprises during the 1980s and 1990s.
The Bank of Saint Petersburg was sanctioned by U.S. Department of Treasury in 2023.
Financial Assets
Financial assets information not available.
Monthly wealth history
Fortune comparison
Historical data not available for comparison