The scale of their wealth
Health
The price of life
Let's compare Said Gutseriev's fortune with the healthcare spending of a massive country
Said Gutseriev 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, Said Gutseriev 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
Said Gutseriev could cover the total cost of Nigeria's education system, the most populous country in Africa with over 243,000,000 inhabitants, for 0.5 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 Said Gutseriev 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
Said Gutseriev could fully fund the state research budget of Pakistan, the fifth most populous country in the world with over 260,000,000 inhabitants, for 3.1 years.
And of course, the country that invests the most per capita worldwide
But even if we compare the total wealth of Said Gutseriev 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
Said Gutseriev's fortune is equivalent to 12 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.
Said Gutseriev could buy 3,317,959 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 Said Gutseriev will almost certainly have enough money left over to pay for the gas.
Biography
Said Gutseriev's is the son of Russian coal and retail billionaire, Mikhail Gutseriev, who gave him stakes in the retail and financial businesses of Safmar Group.
Said, who studied at the Harrow School, then Oxford and Plymouth, lived in London until 2022, where he founded venture capital firm Larnabel Ventures.
He previously worked as an analyst in the London office of the commodities giant Glencore, which is a shareholder in oil company Russneft, founded by his father.
He served as CEO of Russian oil refinery ForteInvest, part of his father's Safmar Group, until stepping down in 2021.
In 2019, Said became one of the first investors in Belarussian cryptocurrency exchange Currency.com.
Financial Assets
Monthly wealth history
Fortune comparison
Historical data not available for comparison