Mustafa Rahmi Koc
Source of wealth: Diversified
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The scale of their wealth
Health
The price of life
Let's compare Mustafa Rahmi Koc's fortune with the healthcare spending of a massive country
Mustafa Rahmi Koc could fund the entire healthcare system of DR Congo, with a population of over 105,800,000 people, for approximately 1.1 years.
But even if we compare their fortune with that of a rich country
On the other end, Mustafa Rahmi Koc could cover the healthcare spending of Luxembourg, considered the most heavily funded healthcare system in the world, for 0.5 years.
Education
Buying the future
Let's also compare their fortune with education spending, first with a poor country
Mustafa Rahmi Koc could cover the total cost of Nigeria's education system, the most populous country in Africa with over 243,000,000 inhabitants, for 0.7 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 Mustafa Rahmi Koc could pay for it entirely for 1.0 years.
Research
The monopoly on progress
Coming full circle, we think it's also interesting to add another gigantic country
Mustafa Rahmi Koc could fully fund the state research budget of Pakistan, the fifth most populous country in the world with over 260,000,000 inhabitants, for 4.2 years.
And of course, the country that invests the most per capita worldwide
But even if we compare the total wealth of Mustafa Rahmi Koc 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
Mustafa Rahmi Koc's fortune is equivalent to 17 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.
Mustafa Rahmi Koc could buy 4,514,945 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 Mustafa Rahmi Koc will almost certainly have enough money left over to pay for the gas.
Biography
Mustafa Rahmi Koc is honorary chairman of Koc Holding, a conglomerate whose main sectors are energy, automotive, durable consumer goods and finance.
Other activities include technology, food, retail, tourism, agriculture and shipbuilding. Koc Group has 14 companies traded on the Borsa İstanbul.
In 2003, after running the group's main public company, Koc Holding, for 19 years, Rahmi Koc handed the chairmanship to his eldest son, Mustafa Koc.
After Mustafa Koc had a fatal heart attack in 2016, at age 56, his brother Omer took over.
Rahmi has received numerous commendations for his contributions to business as well as foreign relations, health, education and social services.
Financial Assets
Monthly wealth history
Fortune comparison
Historical data not available for comparison