P.P. Reddy
Source of wealth: Infrastructure
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The scale of their wealth
Health
The price of life
Let's compare P.P. Reddy's fortune with the healthcare spending of a massive country
P.P. Reddy 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, P.P. Reddy could cover the healthcare spending of Luxembourg, considered the most heavily funded healthcare system in the world, for 0.4 years.
Education
Buying the future
Let's also compare their fortune with education spending, first with a poor country
P.P. Reddy could cover the total cost of Nigeria's education system, the most populous country in Africa with over 243,000,000 inhabitants, for 0.6 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 P.P. Reddy 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
P.P. Reddy could fully fund the state research budget of Pakistan, the fifth most populous country in the world with over 260,000,000 inhabitants, for 3.2 years.
And of course, the country that invests the most per capita worldwide
But even if we compare the total wealth of P.P. Reddy 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
P.P. Reddy's fortune is equivalent to 13 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.
P.P. Reddy could buy 3,422,054 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 P.P. Reddy will almost certainly have enough money left over to pay for the gas.
Biography
Farmer's son P.P. Reddy founded Megha Engineering Enterprises to build small pipes for municipalities in 1989.
He soon expanded into building infrastructure such as dams, natural gas distribution networks, power plants and roads.
In 2006, he changed the company's name to Megha Engineering and Infrastructure.
His nephew P.V. Krishna Reddy runs the company.
Financial Assets
Financial assets information not available.
Monthly wealth history
Fortune comparison
Historical data not available for comparison