Sezai Bacaksiz
Source of wealth: Diversified
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The scale of their wealth
Health
The price of life
Let's compare Sezai Bacaksiz's fortune with the healthcare spending of a massive country
Sezai Bacaksiz 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, Sezai Bacaksiz 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
Sezai Bacaksiz 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 Sezai Bacaksiz 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
Sezai Bacaksiz could fully fund the state research budget of Pakistan, the fifth most populous country in the world with over 260,000,000 inhabitants, for 3.5 years.
And of course, the country that invests the most per capita worldwide
But even if we compare the total wealth of Sezai Bacaksiz 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
Sezai Bacaksiz's fortune is equivalent to 14 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.
Sezai Bacaksiz could buy 3,773,631 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 Sezai Bacaksiz will almost certainly have enough money left over to pay for the gas.
Biography
Sezai Bacaksiz and his billionaire partner, Nihat Ozdemir, met as students at Gazi University and founded Limak Construction in 1976.
Besides being contractor for some of the world's largest infrastructure projects, Limak has operations in energy, tourism, transportation and cement.
It's part of a consortium building Istanbul's new airport. When all phases are complete, it will be the world's largest based on passenger capacity.
Limak is a major builder and operator of hydroelectric power plants, ranking among Turkey's top ten electricity producers.
Besides Turkey, Limak operates in Kuwait, Egypt, Kosovo, Turkish Republic of Northern Cyprus, Eastern Europe, Africa, Pakistan, Ukraine and Russia.
Financial Assets
Financial assets information not available.
Monthly wealth history
Fortune comparison
Historical data not available for comparison