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Roman Abramovich & family
#359

Roman Abramovich & family

Source of wealth: Steel, investments

Net Worth

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Earnings per second

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The scale of their wealth

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Health

The price of life

Let's compare Roman Abramovich & family's fortune with the healthcare spending of a massive country

Roman Abramovich & family could fund the entire healthcare system of DR Congo, with a population of over 105,800,000 people, for approximately 4.2 years.

But even if we compare their fortune with that of a rich country

On the other end, Roman Abramovich & family could cover the healthcare spending of Luxembourg, considered the most heavily funded healthcare system in the world, for 1.9 years.

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Education

Buying the future

Let's also compare their fortune with education spending, first with a poor country

Roman Abramovich & family could cover the total cost of Nigeria's education system, the most populous country in Africa with over 243,000,000 inhabitants, for 2.7 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 Roman Abramovich & family could pay for it entirely for 3.7 years.

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Research

The monopoly on progress

Coming full circle, we think it's also interesting to add another gigantic country

Roman Abramovich & family could fully fund the state research budget of Pakistan, the fifth most populous country in the world with over 260,000,000 inhabitants, for 15.7 years.

And of course, the country that invests the most per capita worldwide

But even if we compare the total wealth of Roman Abramovich & family 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 0.4 years.

While billions of people struggle to access basic healthcare, education, and research, a single individual could fund entire national systems for centuries.

Gold

Everyday luxuries

Gold bar

Roman Abramovich & family's fortune is equivalent to 64 tons of gold. It's hard to process, since we don't usually keep a handful of gold bars in our piggy banks.

Gold rings

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.

Roman Abramovich & family could buy 17,089,714 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 3 trucks to transport them. Although Roman Abramovich & family will almost certainly have enough money left over to pay for the gas.

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Biography

Roman Abramovich, who owns stakes in Russian steel giant Evraz and nickel producer Norilsk Nickel, has been sanctioned by the U.K., EU, Canada, Australia and Switzerland.

His Chelsea FC was sold for nearly $5 billion in May 2022 to a group led by American billionaire Todd Boehly; he didn't get proceeds from the sale.

He sold a 73% stake in Russian oil firm Sibneft to state-owned gas titan Gazprom for $13 billion in 2005.

He spent more than $1 billion in Russia's Far East Chukotka region, where he was governor (reportedly at Putin's behest) from 2000 to 2008.

After his British investor visa expired in 2018, he became an Israeli citizen and, in 2021, a Portuguese citizen.

He acted as a mediator between Kyiv and Moscow whe the war started. He helped hundreds of war prisoners, including 10 foreigners, return home.

Financial Assets

Exchange
MICEX
Ticker
GMKN-RU
Company
Norilsk Nickel Mining & Metallurgica
Exchange
MICEX
Ticker
RENI-RU
Company
Renaissance Insurance Group
Exchange
Ticker
Company
Yandex (MICEX)

Monthly wealth history

Fortune comparison

Historical data not available for comparison

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