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#2889

Mark Kurtser

Source of wealth: Healthcare

Net Worth

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Earnings per second

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The scale of their wealth

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Health

The price of life

Let's compare Mark Kurtser's fortune with the healthcare spending of a massive country

Mark Kurtser could fund the entire healthcare system of DR Congo, with a population of over 105,800,000 people, for approximately 0.6 years.

But even if we compare their fortune with that of a rich country

On the other end, Mark Kurtser could cover the healthcare spending of Luxembourg, considered the most heavily funded healthcare system in the world, for 0.3 years.

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Education

Buying the future

Let's also compare their fortune with education spending, first with a poor country

Mark Kurtser could cover the total cost of Nigeria's education system, the most populous country in Africa with over 243,000,000 inhabitants, for 0.4 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 Mark Kurtser could pay for it entirely for 0.5 years.

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Research

The monopoly on progress

Coming full circle, we think it's also interesting to add another gigantic country

Mark Kurtser could fully fund the state research budget of Pakistan, the fifth most populous country in the world with over 260,000,000 inhabitants, for 2.2 years.

And of course, the country that invests the most per capita worldwide

But even if we compare the total wealth of Mark Kurtser 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 0.0 years.

While billions of people struggle to access basic healthcare, education, and research, a single individual could fund entire national systems for centuries.

Gold

Everyday luxuries

Gold bar

Mark Kurtser's fortune is equivalent to 9 tons of gold. It's hard to process, since we don't usually keep a handful of gold bars in our piggy banks.

Gold rings

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.

Mark Kurtser could buy 2,395,465 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 0 trucks to transport them. Although Mark Kurtser will almost certainly have enough money left over to pay for the gas.

Biography

Mark Kurtser is the founder and majority shareholder of MD Medical Group, one of Russia's largest healthcare providers, with 90 locations operating under the brand "Mat I Ditya" (Mother and Child).

Kurtser is a physician who formerly served as head of the Centre for Family Planning and Reproduction, Moscow's largest state maternity hospital. At the same time, he was the Chief Obstetrician-gynecologist of the Moscow Healthcare Department.

A former educator with the Department of Obstetrics and Gynecology of the Pirogov Russian National Research Medical University, he founded MD in 2006, which later opened the first private maternity hospital in Moscow.

MD Medical was listed in London in 2012 and now trades on the Moscow Stock Exchange.

Kurtser, who sold shares worth $140 million in the IPO, invested in a number of Russian healthcare startups.

Financial Assets

Exchange
Ticker
Company
MD Medical Group

Monthly wealth history

Fortune comparison

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