Eugene MIkhaylov
Source of wealth: agribusiness
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The scale of their wealth
Health
The price of life
Let's compare Eugene MIkhaylov's fortune with the healthcare spending of a massive country
Eugene MIkhaylov could fund the entire healthcare system of DR Congo, with a population of over 105,800,000 people, for approximately 0.5 years.
But even if we compare their fortune with that of a rich country
On the other end, Eugene MIkhaylov could cover the healthcare spending of Luxembourg, considered the most heavily funded healthcare system in the world, for 0.2 years.
Education
Buying the future
Let's also compare their fortune with education spending, first with a poor country
Eugene MIkhaylov could cover the total cost of Nigeria's education system, the most populous country in Africa with over 243,000,000 inhabitants, for 0.3 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 Eugene MIkhaylov could pay for it entirely for 0.4 years.
Research
The monopoly on progress
Coming full circle, we think it's also interesting to add another gigantic country
Eugene MIkhaylov could fully fund the state research budget of Pakistan, the fifth most populous country in the world with over 260,000,000 inhabitants, for 1.8 years.
And of course, the country that invests the most per capita worldwide
But even if we compare the total wealth of Eugene MIkhaylov 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 0.0 years.
Gold
Everyday luxuries
Eugene MIkhaylov's fortune is equivalent to 7 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.
Eugene MIkhaylov could buy 1,986,599 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 Eugene MIkhaylov will almost certainly have enough money left over to pay for the gas.
Biography
Eugene Mikhaylov inherited his fortune from his father, Igor Babaev, former managing director Cherkizovsky, a formerly state-owned meat-packing plant in Moscow.
Babaev became controlling shareholder of Cherkizovsky during Russia's privatization era in the 1990s, later adding pig and poultry farms, feed mills and other meat-packing plants.
Cherkizovo is now the largest meat producer in Russia, with 360,000 hectares (about 900,000 acres) of agricultural land.
Babaev retired from business in 2015 and gifted the shares to his two sons and ex-wife, who relinquished her shares in 2022.
Mikhaylov was elected the Chairman of Cherkizovo Group in 2016.
Financial Assets
Monthly wealth history
Fortune comparison
Historical data not available for comparison