Stefan Soloviev
Source of wealth: Real estate, grains
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The scale of their wealth
Health
The price of life
Let's compare Stefan Soloviev's fortune with the healthcare spending of a massive country
Stefan Soloviev could fund the entire healthcare system of DR Congo, with a population of over 105,800,000 people, for approximately 1.0 years.
But even if we compare their fortune with that of a rich country
On the other end, Stefan Soloviev could cover the healthcare spending of Luxembourg, considered the most heavily funded healthcare system in the world, for 0.5 years.
Education
Buying the future
Let's also compare their fortune with education spending, first with a poor country
Stefan Soloviev could cover the total cost of Nigeria's education system, the most populous country in Africa with over 243,000,000 inhabitants, for 0.7 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 Stefan Soloviev could pay for it entirely for 0.9 years.
Research
The monopoly on progress
Coming full circle, we think it's also interesting to add another gigantic country
Stefan Soloviev could fully fund the state research budget of Pakistan, the fifth most populous country in the world with over 260,000,000 inhabitants, for 3.8 years.
And of course, the country that invests the most per capita worldwide
But even if we compare the total wealth of Stefan Soloviev 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
Stefan Soloviev's fortune is equivalent to 16 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.
Stefan Soloviev could buy 4,159,227 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 Stefan Soloviev will almost certainly have enough money left over to pay for the gas.
Biography
Stefan Soloviev is the chairman of the Soloviev Group, which has interests in agriculture, ranching, real estate, railroads and hospitality.
He formed the group in April 2021, merging his agriculture company with his late father Sheldon's (d. 2020) real estate firm Solow Building Co.
The Soloviev Group owns 700,000 acres of farm and ranch land in Kansas, Colorado and New Mexico, as well as two railroads in Colorado and Kansas.
The group sold several apartment buildings in New York for $1.75 billion in 2022; its properties include the iconic 9 West 57th St office tower.
Soloviev started working for his father as a teenager but the two fell out when he was 21; he then moved to Phoenix to trade commodities and grain.
Financial Assets
Financial assets information not available.
Monthly wealth history
Fortune comparison
Historical data not available for comparison