Mikhail Fedyaev
Source of wealth: coal, railway transport, machinery
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The scale of their wealth
Health
The price of life
Let's compare Mikhail Fedyaev's fortune with the healthcare spending of a massive country
Mikhail Fedyaev 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, Mikhail Fedyaev could cover the healthcare spending of Luxembourg, considered the most heavily funded healthcare system in the world, for 0.3 years.
Education
Buying the future
Let's also compare their fortune with education spending, first with a poor country
Mikhail Fedyaev 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 Mikhail Fedyaev could pay for it entirely for 0.5 years.
Research
The monopoly on progress
Coming full circle, we think it's also interesting to add another gigantic country
Mikhail Fedyaev 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 Mikhail Fedyaev 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.
Gold
Everyday luxuries
Mikhail Fedyaev'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.
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.
Mikhail Fedyaev could buy 2,371,493 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 Mikhail Fedyaev will almost certainly have enough money left over to pay for the gas.
Biography
Mikhail Fedyaev is a former mechanic in a car factory who now has controlling interests in closely held Russian fertilizer and coal businesses.
In the 1990s Fedyaev met former partner Vladimir Gridin and, with support from Aman Tuleev, the governor of Kemerovo Oblast, became co-owners of a coal field in the region.
Over the next course of about two decades, they built the venture into Sibirskiy Delovoy Soyuz (Siberian Business Union), with operations in coal mining, engineering, chemicals, transportation and construction.
In 2021, a fire in a ventilation shaft of SDS coal mine, Listvyazhnaya, caused the death of 46 miners and five rescuers. In 2025, Fedyaev was sentenced to 3.5 years of probation for technical violations at the mine.
Fedyaev's son Pavel became deputy of the State Duma, low chamber of the Russian parliament, in 2011.
Financial Assets
Financial assets information not available.
Monthly wealth history
Fortune comparison
Historical data not available for comparison