The scale of their wealth
Health
The price of life
Let's compare Gennady Timchenko's fortune with the healthcare spending of a massive country
Gennady Timchenko could fund the entire healthcare system of DR Congo, with a population of over 105,800,000 people, for approximately 10.9 years.
But even if we compare their fortune with that of a rich country
On the other end, Gennady Timchenko could cover the healthcare spending of Luxembourg, considered the most heavily funded healthcare system in the world, for 4.8 years.
Education
Buying the future
Let's also compare their fortune with education spending, first with a poor country
Gennady Timchenko could cover the total cost of Nigeria's education system, the most populous country in Africa with over 243,000,000 inhabitants, for 7.1 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 Gennady Timchenko could pay for it entirely for 9.7 years.
Research
The monopoly on progress
Coming full circle, we think it's also interesting to add another gigantic country
Gennady Timchenko could fully fund the state research budget of Pakistan, the fifth most populous country in the world with over 260,000,000 inhabitants, for 40.7 years.
And of course, the country that invests the most per capita worldwide
But even if we compare the total wealth of Gennady Timchenko 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 0.9 years.
Gold
Everyday luxuries
Gennady Timchenko's fortune is equivalent to 166 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.
Gennady Timchenko could buy 44,190,097 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 8 trucks to transport them. Although Gennady Timchenko will almost certainly have enough money left over to pay for the gas.
Biography
Gennady Timchenko has stakes in various Russian businesses, including gas company Novatek and petrochemical producer Sibur Holding.
Timchenko ran a state-owned oil exporting company and became one of its largest shareholders when it was later privatized.
One of Russia's most powerful people, he befriended Putin in the 1990s in Saint Petersburg when he and the Rotenberg brothers started a judo club called Yavara- Neva.
Timchenko was sanctioned by the U.S. in 2014 and by the EU and U.K. in 2022.
He remains chairman of the Russian national hockey league KHL and is president of the SKA Saint-Petersburg Hockey Club.
Financial Assets
Monthly wealth history
Fortune comparison
Historical data not available for comparison