Timur Kulibayev
Source of wealth: Banking
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The scale of their wealth
Health
The price of life
Let's compare Timur Kulibayev's fortune with the healthcare spending of a massive country
Timur Kulibayev could fund the entire healthcare system of DR Congo, with a population of over 105,800,000 people, for approximately 2.4 years.
But even if we compare their fortune with that of a rich country
On the other end, Timur Kulibayev could cover the healthcare spending of Luxembourg, considered the most heavily funded healthcare system in the world, for 1.1 years.
Education
Buying the future
Let's also compare their fortune with education spending, first with a poor country
Timur Kulibayev could cover the total cost of Nigeria's education system, the most populous country in Africa with over 243,000,000 inhabitants, for 1.6 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 Timur Kulibayev could pay for it entirely for 2.1 years.
Research
The monopoly on progress
Coming full circle, we think it's also interesting to add another gigantic country
Timur Kulibayev could fully fund the state research budget of Pakistan, the fifth most populous country in the world with over 260,000,000 inhabitants, for 9.0 years.
And of course, the country that invests the most per capita worldwide
But even if we compare the total wealth of Timur Kulibayev 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 0.2 years.
Gold
Everyday luxuries
Timur Kulibayev's fortune is equivalent to 37 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.
Timur Kulibayev could buy 9,795,614 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 2 trucks to transport them. Although Timur Kulibayev will almost certainly have enough money left over to pay for the gas.
Biography
Timur Kulibayev is the founder of Altyn Alma, an investment company created in 1992 that later morphed into Almex LLP.
An investment in mobile service paid off in 2004, when a company he controlled sold Kar-Tel, operating in Kazakhstan, to VimpleCom for $350 million.
In 2014, he sold Altynalmas Gold to Polymetal, part-owned by Russian billionaire Alexander Nesis, for cash and company shares.
Kulibayev and his wife, Dinara, own a majority stake in Halyk Bank of Kazakhstan.
Kulibayev's father-in-law is Nursultan Nazarbayev, Kazakhstan's first president, from 2010 to 2019.
Financial Assets
Monthly wealth history
Fortune comparison
Historical data not available for comparison