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#1402

Sergei Popov

Source of wealth: Banking

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 Sergei Popov's fortune with the healthcare spending of a massive country

Sergei Popov could fund the entire healthcare system of DR Congo, with a population of over 105,800,000 people, for approximately 1.4 years.

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

On the other end, Sergei Popov could cover the healthcare spending of Luxembourg, considered the most heavily funded healthcare system in the world, for 0.6 years.

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Education

Buying the future

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

Sergei Popov could cover the total cost of Nigeria's education system, the most populous country in Africa with over 243,000,000 inhabitants, for 0.9 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 Sergei Popov could pay for it entirely for 1.2 years.

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Research

The monopoly on progress

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

Sergei Popov could fully fund the state research budget of Pakistan, the fifth most populous country in the world with over 260,000,000 inhabitants, for 5.1 years.

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

But even if we compare the total wealth of Sergei Popov 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.

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

Sergei Popov's fortune is equivalent to 21 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.

Sergei Popov could buy 5,517,226 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 Sergei Popov will almost certainly have enough money left over to pay for the gas.

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Biography

Sergei Popov has cashed out of all his major investments in recent years.

He and his former partner Andrei Melnichenko made a fortune managing finance and industrial group MDM.

They later created TMK, one of the world's largest oil and gas pipe manufacturers, with fellow billionaire Dmitry Pumpyansky.

They sold out to Pumpyansky in 2006. That same year the partners started to divide up their assets, a process completed in 2012.

In 2015 he sold MDM Bank to Russia's Binbank. Two years later it went bankrupt and came under the control of the Central Bank of the Russian Federation.

Financial Assets

Exchange
Ticker
Company
Noventiq Holdings (Softline) (MICEX)
Exchange
MICEX
Ticker
HYDR-RU
Company
RusHydro OJSC

Monthly wealth history

Fortune comparison

Historical data not available for comparison

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