Aluru Jagadish Prasad
Source of wealth: Batteries
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The scale of their wealth
Health
The price of life
Let's compare Aluru Jagadish Prasad's fortune with the healthcare spending of a massive country
Aluru Jagadish Prasad 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, Aluru Jagadish Prasad 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
Aluru Jagadish Prasad 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 Aluru Jagadish Prasad could pay for it entirely for 0.5 years.
Research
The monopoly on progress
Coming full circle, we think it's also interesting to add another gigantic country
Aluru Jagadish Prasad could fully fund the state research budget of Pakistan, the fifth most populous country in the world with over 260,000,000 inhabitants, for 2.2 years.
And of course, the country that invests the most per capita worldwide
But even if we compare the total wealth of Aluru Jagadish Prasad 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 0.0 years.
Gold
Everyday luxuries
Aluru Jagadish Prasad's fortune is equivalent to 9 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.
Aluru Jagadish Prasad could buy 2,412,713 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 Aluru Jagadish Prasad will almost certainly have enough money left over to pay for the gas.
Biography
Aluru Jagdish Prasad is chairman and managing director of Hyderabad-based HBL Power Systems, which makes everything from industrial batteries to energy saving motors.
Its batteries are used in aircraft, data centres, submarines, missiles and battle tanks.
It also makes train collision avoidance systems for the Indian Railways.
He founded the business in 1977.
He started off by making aircraft batteries for the Indian Air Force.
Financial Assets
Monthly wealth history
Fortune comparison
Historical data not available for comparison