Semahat Sevim Arsel
Source of wealth: Diversified
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The scale of their wealth
Health
The price of life
Let's compare Semahat Sevim Arsel's fortune with the healthcare spending of a massive country
Semahat Sevim Arsel could fund the entire healthcare system of DR Congo, with a population of over 105,800,000 people, for approximately 1.3 years.
But even if we compare their fortune with that of a rich country
On the other end, Semahat Sevim Arsel could cover the healthcare spending of Luxembourg, considered the most heavily funded healthcare system in the world, for 0.6 years.
Education
Buying the future
Let's also compare their fortune with education spending, first with a poor country
Semahat Sevim Arsel could cover the total cost of Nigeria's education system, the most populous country in Africa with over 243,000,000 inhabitants, for 0.8 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 Semahat Sevim Arsel could pay for it entirely for 1.1 years.
Research
The monopoly on progress
Coming full circle, we think it's also interesting to add another gigantic country
Semahat Sevim Arsel could fully fund the state research budget of Pakistan, the fifth most populous country in the world with over 260,000,000 inhabitants, for 4.8 years.
And of course, the country that invests the most per capita worldwide
But even if we compare the total wealth of Semahat Sevim Arsel 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
Semahat Sevim Arsel's fortune is equivalent to 19 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.
Semahat Sevim Arsel could buy 5,179,386 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 Semahat Sevim Arsel will almost certainly have enough money left over to pay for the gas.
Biography
Semahat Sevim Arsel is an heir to the Koc family fortune. She's the oldest member of the clan and the largest shareholder in its main holding company.
Besides energy, automotive, durable consumer goods and finance, Koc is active in technology, food, retail, tourism, agriculture and shipbuilding.
Semahat Arsel serves on the board of Koc Holding and is chairman of its tourism company, Setur. Her husband, Dr. Nusret Arsel, died in 2014 at age 92.
He left all of his wealth to the Vehbi Koc Foundation, named after his father-in-law. Semahat Arsel is president of the foundation.
She also serves as the vice president of the Florence Nightingale Foundation and is the founder of Koc University's School of Nursing.
Financial Assets
Monthly wealth history
Fortune comparison
Historical data not available for comparison