Motilal Oswal
Source of wealth: Financial services
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The scale of their wealth
Health
The price of life
Let's compare Motilal Oswal's fortune with the healthcare spending of a massive country
Motilal Oswal could fund the entire healthcare system of DR Congo, with a population of over 105,800,000 people, for approximately 0.8 years.
But even if we compare their fortune with that of a rich country
On the other end, Motilal Oswal 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
Motilal Oswal could cover the total cost of Nigeria's education system, the most populous country in Africa with over 243,000,000 inhabitants, for 0.5 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 Motilal Oswal could pay for it entirely for 0.7 years.
Research
The monopoly on progress
Coming full circle, we think it's also interesting to add another gigantic country
Motilal Oswal could fully fund the state research budget of Pakistan, the fifth most populous country in the world with over 260,000,000 inhabitants, for 2.8 years.
And of course, the country that invests the most per capita worldwide
But even if we compare the total wealth of Motilal Oswal 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
Motilal Oswal's fortune is equivalent to 12 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.
Motilal Oswal could buy 3,070,209 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 Motilal Oswal will almost certainly have enough money left over to pay for the gas.
Biography
Chartered accountant Motilal Oswal cofounded and chairs Mumbai-headquartered Motilal Oswal Financial Services.
From a small stock brooking outfit, Oswal and his billionaire business partner Raamdeo Agrawal, grew it into a financial services firm.
In their early days, the duo would walk a mile from the Bombay Stock Exchange to the nearest payphone to take orders from clients.
Son of a grain trader, Oswal was the first person in his family to go to college.
In 2023, he and cofounder Agrawal pledged to donate 5% of their respective holdings in Motilal Oswal for philanthropic causes such as education, health and rural upliftment.
Financial Assets
Monthly wealth history
Fortune comparison
Historical data not available for comparison