Chandru Raheja
Source of wealth: Real estate
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The scale of their wealth
Health
The price of life
Let's compare Chandru Raheja's fortune with the healthcare spending of a massive country
Chandru Raheja 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, Chandru Raheja 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
Chandru Raheja 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 Chandru Raheja could pay for it entirely for 2.0 years.
Research
The monopoly on progress
Coming full circle, we think it's also interesting to add another gigantic country
Chandru Raheja could fully fund the state research budget of Pakistan, the fifth most populous country in the world with over 260,000,000 inhabitants, for 8.4 years.
And of course, the country that invests the most per capita worldwide
But even if we compare the total wealth of Chandru Raheja 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
Chandru Raheja's fortune is equivalent to 34 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.
Chandru Raheja could buy 9,123,762 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 Chandru Raheja will almost certainly have enough money left over to pay for the gas.
Biography
One of four brothers of a property family, Chandru Raheja ventured out on his own in 1996.
Today his privately held K. Raheja Corp. is one of Mumbai's leading developers and is run by his sons Neel and Ravi.
Raheja is known for its IT parks, hotels, malls and department store chain, Shoppers Stop.
His Chalet Hotels, which owns a string of hotels such as the J.W. Marriott in Mumbai and the Westin in Hyderabad, was listed in 2019.
In 2020, Raheja listed part of his commercial properties, co-owned with private equity firm Blackstone, under the Mindspace Business Parks REIT.
Financial Assets
Monthly wealth history
Fortune comparison
Historical data not available for comparison