Pyotr Aven
Source of wealth: Oil, banking, telecom
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The scale of their wealth
Health
The price of life
Let's compare Pyotr Aven's fortune with the healthcare spending of a massive country
Pyotr Aven could fund the entire healthcare system of DR Congo, with a population of over 105,800,000 people, for approximately 2.3 years.
But even if we compare their fortune with that of a rich country
On the other end, Pyotr Aven could cover the healthcare spending of Luxembourg, considered the most heavily funded healthcare system in the world, for 1.0 years.
Education
Buying the future
Let's also compare their fortune with education spending, first with a poor country
Pyotr Aven could cover the total cost of Nigeria's education system, the most populous country in Africa with over 243,000,000 inhabitants, for 1.5 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 Pyotr Aven could pay for it entirely for 2.0 years.
Research
The monopoly on progress
Coming full circle, we think it's also interesting to add another gigantic country
Pyotr Aven could fully fund the state research budget of Pakistan, the fifth most populous country in the world with over 260,000,000 inhabitants, for 8.6 years.
And of course, the country that invests the most per capita worldwide
But even if we compare the total wealth of Pyotr Aven 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 0.2 years.
Gold
Everyday luxuries
Pyotr Aven's fortune is equivalent to 35 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.
Pyotr Aven could buy 9,346,566 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 2 trucks to transport them. Although Pyotr Aven will almost certainly have enough money left over to pay for the gas.
Biography
Pyotr Aven is a co-owner of Alfa Bank and LetterOne along with Mikhail Fridman, Khan and fellow billionaires Alexei Kuzmichev and Andrei Kosogov.
Aven and his partners were all sanctioned by the EU and U.K. in February and March 2022; Aven stepped down from LetterOne's board in March.
He grew up in Moscow, graduated from Moscow State University, and worked at the Institute for Systems Studies at the Soviet Academy of Sciences.
In 1989 he went to work at the Ministry of Foreign Affairs; two years later he was tapped to be Putin's minister of foreign economic relations.
Aven was president of Russia's largest privately held bank, Alfa-Bank, which was hit with sanctions in April 2022, from 1994 to 2011.
Financial Assets
Monthly wealth history
Fortune comparison
Historical data not available for comparison