Andrei Bokarev
Source of wealth: Metals, mining
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The scale of their wealth
Health
The price of life
Let's compare Andrei Bokarev's fortune with the healthcare spending of a massive country
Andrei Bokarev could fund the entire healthcare system of DR Congo, with a population of over 105,800,000 people, for approximately 2.2 years.
But even if we compare their fortune with that of a rich country
On the other end, Andrei Bokarev could cover the healthcare spending of Luxembourg, considered the most heavily funded healthcare system in the world, for 1.0 years.
Education
Buying the future
Let's also compare their fortune with education spending, first with a poor country
Andrei Bokarev could cover the total cost of Nigeria's education system, the most populous country in Africa with over 243,000,000 inhabitants, for 1.4 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 Andrei Bokarev could pay for it entirely for 1.9 years.
Research
The monopoly on progress
Coming full circle, we think it's also interesting to add another gigantic country
Andrei Bokarev could fully fund the state research budget of Pakistan, the fifth most populous country in the world with over 260,000,000 inhabitants, for 8.2 years.
And of course, the country that invests the most per capita worldwide
But even if we compare the total wealth of Andrei Bokarev 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 0.2 years.
Gold
Everyday luxuries
Andrei Bokarev's fortune is equivalent to 33 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.
Andrei Bokarev could buy 8,871,584 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 Andrei Bokarev will almost certainly have enough money left over to pay for the gas.
Biography
Until 2022 Andrei Bokarev runs Transmashholding (TMH), Russia's biggest producer of rolling stock for railways and subway systems.
Bokarev previously headed Krutrade AG, which ran the export operations of the Kuzbassrazrezugol coal company.
Bokarev is a partner in most of his senior partner Iskander Makhmudov's projects including TMH, Kuzbassrazrezugol and Ural Mining Metallurgical Company (UMMC).
He owns half of Ust-Luga Oil company, largest oil terminal in Europe with capacity of 30 million tons per year.
Financial Assets
Monthly wealth history
Fortune comparison
Historical data not available for comparison