Aristotelis Mistakidis
Source of wealth: Mining, commodities
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The scale of their wealth
Health
The price of life
Let's compare Aristotelis Mistakidis's fortune with the healthcare spending of a massive country
Aristotelis Mistakidis could fund the entire healthcare system of DR Congo, with a population of over 105,800,000 people, for approximately 2.0 years.
But even if we compare their fortune with that of a rich country
On the other end, Aristotelis Mistakidis could cover the healthcare spending of Luxembourg, considered the most heavily funded healthcare system in the world, for 0.9 years.
Education
Buying the future
Let's also compare their fortune with education spending, first with a poor country
Aristotelis Mistakidis could cover the total cost of Nigeria's education system, the most populous country in Africa with over 243,000,000 inhabitants, for 1.3 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 Aristotelis Mistakidis could pay for it entirely for 1.8 years.
Research
The monopoly on progress
Coming full circle, we think it's also interesting to add another gigantic country
Aristotelis Mistakidis could fully fund the state research budget of Pakistan, the fifth most populous country in the world with over 260,000,000 inhabitants, for 7.4 years.
And of course, the country that invests the most per capita worldwide
But even if we compare the total wealth of Aristotelis Mistakidis 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
Aristotelis Mistakidis's fortune is equivalent to 30 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.
Aristotelis Mistakidis could buy 8,091,565 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 1 trucks to transport them. Although Aristotelis Mistakidis will almost certainly have enough money left over to pay for the gas.
Biography
Aristotelis Mistakidis, known as "Telis," stepped down from his role as the director of Glencore's copper business at the end of 2018.
In 2018, Canadian regulators fined and banned Mistakidis from serving as a director due to compliance violations.
Mistakidis got his start in commodities at Cargill and joined Marc Rich & Co. in 1993. Later, the firm was bought by management and renamed Glencore.
He first became a billionaire in 2011 when Glencore went public.
In 2021, Mistakidis invested in Greece's second largest bank, Piraeus Capital, alongside US billionaire John Paulson.
Financial Assets
Monthly wealth history
Fortune comparison
Historical data not available for comparison