Andrei Kozitsyn
Source of wealth: Metals
...
...
The scale of their wealth
Health
The price of life
Let's compare Andrei Kozitsyn's fortune with the healthcare spending of a massive country
Andrei Kozitsyn could fund the entire healthcare system of DR Congo, with a population of over 105,800,000 people, for approximately 2.3 years.
But even if we compare their fortune with that of a rich country
On the other end, Andrei Kozitsyn 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 Kozitsyn could cover the total cost of Nigeria's education system, the most populous country in Africa with over 243,000,000 inhabitants, for 1.5 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 Kozitsyn could pay for it entirely for 2.1 years.
Research
The monopoly on progress
Coming full circle, we think it's also interesting to add another gigantic country
Andrei Kozitsyn could fully fund the state research budget of Pakistan, the fifth most populous country in the world with over 260,000,000 inhabitants, for 8.8 years.
And of course, the country that invests the most per capita worldwide
But even if we compare the total wealth of Andrei Kozitsyn 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 Kozitsyn's fortune is equivalent to 36 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 Kozitsyn could buy 9,527,041 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 Kozitsyn will almost certainly have enough money left over to pay for the gas.
Biography
Until 2022 Andrei Kozitsyn was CEO of Ural Mining Metallurgical Company (UMMC), one of the top Russian producers of such commodities as copper, zinc, coal and gold.
Kozitsyn grew up in the Urals, where he studied metallurgy and later went to work as a mechanic at Uralelectromed, now UMMC's main factory.
Kozitsyn cofounded UMMC with Iskander Makhmudov, who was the group's president and his longtime partner.
In January 2019, UMMC opened the Korova (Cow) restaurant in the elite district of Yekaterinburg.
Financial Assets
Financial assets information not available.
Monthly wealth history
Fortune comparison
Historical data not available for comparison