Karthik Sarma
Source of wealth: Hedge fund
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The scale of their wealth
Health
The price of life
Let's compare Karthik Sarma's fortune with the healthcare spending of a massive country
Karthik Sarma could fund the entire healthcare system of DR Congo, with a population of over 105,800,000 people, for approximately 1.3 years.
But even if we compare their fortune with that of a rich country
On the other end, Karthik Sarma could cover the healthcare spending of Luxembourg, considered the most heavily funded healthcare system in the world, for 0.6 years.
Education
Buying the future
Let's also compare their fortune with education spending, first with a poor country
Karthik Sarma could cover the total cost of Nigeria's education system, the most populous country in Africa with over 243,000,000 inhabitants, for 0.9 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 Karthik Sarma could pay for it entirely for 1.2 years.
Research
The monopoly on progress
Coming full circle, we think it's also interesting to add another gigantic country
Karthik Sarma could fully fund the state research budget of Pakistan, the fifth most populous country in the world with over 260,000,000 inhabitants, for 4.9 years.
And of course, the country that invests the most per capita worldwide
But even if we compare the total wealth of Karthik Sarma 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
Karthik Sarma's fortune is equivalent to 20 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.
Karthik Sarma could buy 5,293,892 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 Karthik Sarma will almost certainly have enough money left over to pay for the gas.
Biography
Sarma founded hedge fund SRS Investment Management in 2006 after five years at Chase Coleman's Tiger Global and now manages $10 billion.
SRS owns 43% of Avis through common stock and equity swaps, and Sarma has served on the car rental company's board since May 2020.
Avis stock surged 456% in 2021, fueled by talk of adding electric vehicles to its fleet, which helped Sarma's flagship fund return 35%.
Sarma is an Indian immigrant who came to New York to get his master's at Princeton and spent three years as a consultant at McKinsey.
Financial Assets
Financial assets information not available.
Monthly wealth history
Fortune comparison
Historical data not available for comparison