Mikhail Prokhorov
Source of wealth: Investments
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The scale of their wealth
Health
The price of life
Let's compare Mikhail Prokhorov's fortune with the healthcare spending of a massive country
Mikhail Prokhorov could fund the entire healthcare system of DR Congo, with a population of over 105,800,000 people, for approximately 4.9 years.
But even if we compare their fortune with that of a rich country
On the other end, Mikhail Prokhorov could cover the healthcare spending of Luxembourg, considered the most heavily funded healthcare system in the world, for 2.2 years.
Education
Buying the future
Let's also compare their fortune with education spending, first with a poor country
Mikhail Prokhorov could cover the total cost of Nigeria's education system, the most populous country in Africa with over 243,000,000 inhabitants, for 3.2 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 Prokhorov could pay for it entirely for 4.4 years.
Research
The monopoly on progress
Coming full circle, we think it's also interesting to add another gigantic country
Mikhail Prokhorov could fully fund the state research budget of Pakistan, the fifth most populous country in the world with over 260,000,000 inhabitants, for 18.5 years.
And of course, the country that invests the most per capita worldwide
But even if we compare the total wealth of Mikhail Prokhorov 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
Mikhail Prokhorov's fortune is equivalent to 75 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 Prokhorov could buy 20,095,500 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 4 trucks to transport them. Although Mikhail Prokhorov will almost certainly have enough money left over to pay for the gas.
Biography
Mikhail Prokhorov sold a 49% stake in the Brooklyn Nets to Alibaba executive Joseph Tsai in a $2.3 billion deal in 2018.
Much of Prokhorov's fortune stems from the 2008 sale of his stake in metals giant Norilsk Nickel.
He has stakes in Russian insurance and banking sectors.
He ran against Vladimir Putin in Russia's 2012 presidential race, gaining 8% of the vote.
He sold his last block of shares in UC Rusal one month before sanctions were imposed against the company by the US Treasury.
Financial Assets
Financial assets information not available.
Monthly wealth history
Fortune comparison
Historical data not available for comparison