The scale of their wealth
Health
The price of life
Let's compare Farkhad Akhmedov's fortune with the healthcare spending of a massive country
Farkhad Akhmedov could fund the entire healthcare system of DR Congo, with a population of over 105,800,000 people, for approximately 0.8 years.
But even if we compare their fortune with that of a rich country
On the other end, Farkhad Akhmedov could cover the healthcare spending of Luxembourg, considered the most heavily funded healthcare system in the world, for 0.3 years.
Education
Buying the future
Let's also compare their fortune with education spending, first with a poor country
Farkhad Akhmedov could cover the total cost of Nigeria's education system, the most populous country in Africa with over 243,000,000 inhabitants, for 0.5 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 Farkhad Akhmedov could pay for it entirely for 0.7 years.
Research
The monopoly on progress
Coming full circle, we think it's also interesting to add another gigantic country
Farkhad Akhmedov could fully fund the state research budget of Pakistan, the fifth most populous country in the world with over 260,000,000 inhabitants, for 2.8 years.
And of course, the country that invests the most per capita worldwide
But even if we compare the total wealth of Farkhad Akhmedov 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.
Gold
Everyday luxuries
Farkhad Akhmedov's fortune is equivalent to 12 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.
Farkhad Akhmedov could buy 3,084,903 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 Farkhad Akhmedov will almost certainly have enough money left over to pay for the gas.
Biography
Farkhad Akhmedov got his start selling Russian sables at the London commodity exchange.
In 1987 he founded Tansley Trading, which supplied equipment to Russian gas producers.
Six years later, he became a minority shareholder in Nortgas, an oil and gas company in Siberia.
In 1998, he bought out the 44% stake of another investor, Bechtel Energy, and became chairman of Nortgas.
He sold that stake in 2012 for $1.4 billion.
In 2016, a U.K. High Court judge ordered Akhmedov to pay his ex-wife 454 million British pounds, but he refused. In 2021 Tatiana accepted cash and art and the divorce dispute was settled.
He is under EU and U.K. sanctions since April 2022. In June 2022 his yacht Luna, valued at about $500 million, was frozen in Germany; In September 2023 the EU removed its sanctions against Akhmedov.
Financial Assets
Financial assets information not available.
Monthly wealth history
Fortune comparison
Historical data not available for comparison