Timur Turlov
Source of wealth: Stock brokerage
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The scale of their wealth
Health
The price of life
Let's compare Timur Turlov's fortune with the healthcare spending of a massive country
Timur Turlov could fund the entire healthcare system of DR Congo, with a population of over 105,800,000 people, for approximately 2.7 years.
But even if we compare their fortune with that of a rich country
On the other end, Timur Turlov could cover the healthcare spending of Luxembourg, considered the most heavily funded healthcare system in the world, for 1.2 years.
Education
Buying the future
Let's also compare their fortune with education spending, first with a poor country
Timur Turlov could cover the total cost of Nigeria's education system, the most populous country in Africa with over 243,000,000 inhabitants, for 1.8 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 Timur Turlov could pay for it entirely for 2.4 years.
Research
The monopoly on progress
Coming full circle, we think it's also interesting to add another gigantic country
Timur Turlov could fully fund the state research budget of Pakistan, the fifth most populous country in the world with over 260,000,000 inhabitants, for 10.1 years.
And of course, the country that invests the most per capita worldwide
But even if we compare the total wealth of Timur Turlov 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 Turlov's fortune is equivalent to 41 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 Turlov could buy 10,957,328 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 Turlov will almost certainly have enough money left over to pay for the gas.
Biography
Timur Turlov is the CEO and founder of Freedom Holding, a Kazakhstan-based retail brokerage; it operates in Central Asia, Europe and the U.S.
Freedom Holding gives post-Soviet citizens access to American and European stock exchanges and specializes in IPOs.
The company entered the U.S. in 2015 through a shell of a Kazakh oil and gas exploration entity located in Nevada.
Freedom Holding began trading on the Nasdaq in 2019, an event that Turlov calls his proudest accomplishment to date.
Turlov says he started the company in 2008 (before he finished college) with $100,000 pooled with his cofounders.
Financial Assets
Monthly wealth history
Fortune comparison
Historical data not available for comparison