The scale of their wealth
Health
The price of life
Let's compare German Khan's fortune with the healthcare spending of a massive country
German Khan could fund the entire healthcare system of DR Congo, with a population of over 105,800,000 people, for approximately 4.8 years.
But even if we compare their fortune with that of a rich country
On the other end, German Khan could cover the healthcare spending of Luxembourg, considered the most heavily funded healthcare system in the world, for 2.1 years.
Education
Buying the future
Let's also compare their fortune with education spending, first with a poor country
German Khan could cover the total cost of Nigeria's education system, the most populous country in Africa with over 243,000,000 inhabitants, for 3.1 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 German Khan could pay for it entirely for 4.2 years.
Research
The monopoly on progress
Coming full circle, we think it's also interesting to add another gigantic country
German Khan could fully fund the state research budget of Pakistan, the fifth most populous country in the world with over 260,000,000 inhabitants, for 17.8 years.
And of course, the country that invests the most per capita worldwide
But even if we compare the total wealth of German Khan 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 0.4 years.
Gold
Everyday luxuries
German Khan's fortune is equivalent to 72 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.
German Khan could buy 19,322,548 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 3 trucks to transport them. Although German Khan will almost certainly have enough money left over to pay for the gas.
Biography
German Khan, a native of Ukraine, cofounded Alfa Group and LetterOne (Luxembourg), with fellow billionaires Mikhail Fridman and Alexei Kuzmichev.
The college pals have been partners since 1989, when they started commodities trader Alfa-Eco.
He is a cofounder of Alfa Bank, the largest non-state owned bank in Russia, which was hit with U.S. sanctions in April.
Alfa Group's Tyumen Oil company merged with BP's Russian assets in 2003 to form TNK-BP.
After 10 years, the partners sold their 25% stake in TNK-BP for $14 billion.
Fridman, Aven, Khan and Kuzmichev were all sanctioned by the EU and U.K. in February and March 2022; Khan stepped down from LetterOne's board in March.
He moved back to Moscow from London in the Summer of 2022.
Financial Assets
Monthly wealth history
Fortune comparison
Historical data not available for comparison