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#993

Falguni Nayar

Source of wealth: Retailing

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 Falguni Nayar's fortune with the healthcare spending of a massive country

Falguni Nayar could fund the entire healthcare system of DR Congo, with a population of over 105,800,000 people, for approximately 1.9 years.

But even if we compare their fortune with that of a rich country

On the other end, Falguni Nayar could cover the healthcare spending of Luxembourg, considered the most heavily funded healthcare system in the world, for 0.9 years.

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Education

Buying the future

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

Falguni Nayar 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 Falguni Nayar could pay for it entirely for 1.7 years.

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Research

The monopoly on progress

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

Falguni Nayar could fully fund the state research budget of Pakistan, the fifth most populous country in the world with over 260,000,000 inhabitants, for 7.2 years.

And of course, the country that invests the most per capita worldwide

But even if we compare the total wealth of Falguni Nayar 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.

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

Falguni Nayar's fortune is equivalent to 29 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.

Falguni Nayar could buy 7,863,099 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 Falguni Nayar will almost certainly have enough money left over to pay for the gas.

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Biography

Former investment banker Falguni Nayar quit her job to start Nykaa, a retailer of beauty products in 2012.

Nykaa, which means "one in the spotlight," sells thousands of brands online as well through physical stores across India.

Nayar took Nykaa public in 2021, becoming India's richest self-made female entrepreneur in the process.

Her twin daughter and son both work in the business and have board seats.

Hong Kong billionaire Harry Banga is an investor in Nykaa.

Financial Assets

Exchange
BSE INDIA
Ticker
543384-IN
Company
FSN E-Commerce Ventures

Monthly wealth history

Fortune comparison

Historical data not available for comparison

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