Raamdeo Agrawal
Source of wealth: Financial services
...
...
The scale of their wealth
Health
The price of life
Let's compare Raamdeo Agrawal's fortune with the healthcare spending of a massive country
Raamdeo Agrawal could fund the entire healthcare system of DR Congo, with a population of over 105,800,000 people, for approximately 0.9 years.
But even if we compare their fortune with that of a rich country
On the other end, Raamdeo Agrawal 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
Raamdeo Agrawal 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 Raamdeo Agrawal could pay for it entirely for 0.8 years.
Research
The monopoly on progress
Coming full circle, we think it's also interesting to add another gigantic country
Raamdeo Agrawal could fully fund the state research budget of Pakistan, the fifth most populous country in the world with over 260,000,000 inhabitants, for 3.3 years.
And of course, the country that invests the most per capita worldwide
But even if we compare the total wealth of Raamdeo Agrawal 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
Raamdeo Agrawal'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.
Raamdeo Agrawal could buy 3,545,834 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 Raamdeo Agrawal will almost certainly have enough money left over to pay for the gas.
Biography
Raamdeo Agrawal cofounded Motilal Oswal Financial Services as a small securities firm with his pal Motilal Oswal in 1987.
The company now offers a range of services including investment banking and mutual funds.
Agrawal grew up in a village in Chattisgarh in central India and came to Mumbai for his accountancy studies.
In 2023, Agrawal made a pledge to donate 5% of his stake in Motilal Oswal to philanthropic causes, such as education, health and rural upliftment.
Financial Assets
Monthly wealth history
Fortune comparison
Historical data not available for comparison