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#2629

Arsen Kanokov

Source of wealth: Real estate

Net Worth

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Earnings per second

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The scale of their wealth

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Health

The price of life

Let's compare Arsen Kanokov's fortune with the healthcare spending of a massive country

Arsen Kanokov 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, Arsen Kanokov could cover the healthcare spending of Luxembourg, considered the most heavily funded healthcare system in the world, for 0.3 years.

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Education

Buying the future

Let's also compare their fortune with education spending, first with a poor country

Arsen Kanokov 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 Arsen Kanokov could pay for it entirely for 0.6 years.

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Research

The monopoly on progress

Coming full circle, we think it's also interesting to add another gigantic country

Arsen Kanokov 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 Arsen Kanokov 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.

While billions of people struggle to access basic healthcare, education, and research, a single individual could fund entire national systems for centuries.

Gold

Everyday luxuries

Gold bar

Arsen Kanokov'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.

Gold rings

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.

Arsen Kanokov could buy 2,751,004 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 Arsen Kanokov will almost certainly have enough money left over to pay for the gas.

Biography

Arsen Kanokov's fortune stems from the Sindika Group, which has 35 shopping centers in southern Russia and eight hotels -- three of which are in Sochi, a prominent city known for its resorts.

Kanokov was born in Kabardino-Balkaria, in 2005-2013 he used to be a president of Kabardino-Balkaria, one of Russia southern regions.

He is a member of the Federation Council from Kabardino-Balkarian Republic.

Kanokov bought shares of Starbucks, OBI and McDonalds in Russia after the companies decided to exit the country amid the Russia-Ukraine war.

He is under E.U. and U.S. sanctions since 2022, and under U.K. sanctions since 2025.

Financial Assets

Financial assets information not available.

Monthly wealth history

Fortune comparison

Historical data not available for comparison

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