Leonid Boguslavsky
Source of wealth: Venture capital
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The scale of their wealth
Health
The price of life
Let's compare Leonid Boguslavsky's fortune with the healthcare spending of a massive country
Leonid Boguslavsky could fund the entire healthcare system of DR Congo, with a population of over 105,800,000 people, for approximately 3.5 years.
But even if we compare their fortune with that of a rich country
On the other end, Leonid Boguslavsky could cover the healthcare spending of Luxembourg, considered the most heavily funded healthcare system in the world, for 1.6 years.
Education
Buying the future
Let's also compare their fortune with education spending, first with a poor country
Leonid Boguslavsky could cover the total cost of Nigeria's education system, the most populous country in Africa with over 243,000,000 inhabitants, for 2.3 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 Leonid Boguslavsky could pay for it entirely for 3.1 years.
Research
The monopoly on progress
Coming full circle, we think it's also interesting to add another gigantic country
Leonid Boguslavsky could fully fund the state research budget of Pakistan, the fifth most populous country in the world with over 260,000,000 inhabitants, for 13.2 years.
And of course, the country that invests the most per capita worldwide
But even if we compare the total wealth of Leonid Boguslavsky 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 0.3 years.
Gold
Everyday luxuries
Leonid Boguslavsky's fortune is equivalent to 54 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.
Leonid Boguslavsky could buy 14,384,000 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 Leonid Boguslavsky will almost certainly have enough money left over to pay for the gas.
Biography
Leonid Boguslavsky is founder of early stage venture capital firm RTP Global, founded as ru-Net in 2000 in Russia.
One of his first investments was an early bet on Russian search engine firm Yandex, on which he apparently made 400 times his initial money upon exit.
RTP has invested in more than 150 companies, five of which became multibillion dollar public companies: Yandex, EPAM, Delivery Hero, RingCentral and Datadog.
In the early 1990s, he built one of Russia's largest IT solutions integrators, which he sold to PwC in 1996. He stayed on initially as a senior partner.
Financial Assets
Monthly wealth history
Fortune comparison
Historical data not available for comparison