The scale of their wealth
Health
The price of life
Let's compare Vladimir Bogdanov's fortune with the healthcare spending of a massive country
Vladimir Bogdanov could fund the entire healthcare system of DR Congo, with a population of over 105,800,000 people, for approximately 0.6 years.
But even if we compare their fortune with that of a rich country
On the other end, Vladimir Bogdanov could cover the healthcare spending of Luxembourg, considered the most heavily funded healthcare system in the world, for 0.3 years.
Education
Buying the future
Let's also compare their fortune with education spending, first with a poor country
Vladimir Bogdanov could cover the total cost of Nigeria's education system, the most populous country in Africa with over 243,000,000 inhabitants, for 0.4 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 Vladimir Bogdanov could pay for it entirely for 0.6 years.
Research
The monopoly on progress
Coming full circle, we think it's also interesting to add another gigantic country
Vladimir Bogdanov could fully fund the state research budget of Pakistan, the fifth most populous country in the world with over 260,000,000 inhabitants, for 2.4 years.
And of course, the country that invests the most per capita worldwide
But even if we compare the total wealth of Vladimir Bogdanov 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
Vladimir Bogdanov's fortune is equivalent to 10 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.
Vladimir Bogdanov could buy 2,579,455 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 0 trucks to transport them. Although Vladimir Bogdanov will almost certainly have enough money left over to pay for the gas.
Biography
Vladimir Bogdanov made his fortune in oil drilling. He was appointed chief executive of Surgutneftegas when he was 33.
In the early 1990s he and fellow managers privatized the company, which is famous for its thrift and avoiding expensive purchases.
In 2016, he was awarded Hero of Labour of the Russian Federation by Vladimir Putin "for special labor service for the country and people".
In 2018, Bogdanov was sanctioned by the U.S. and in 2022 he was sanctioned by the European Union.
Financial Assets
Monthly wealth history
Fortune comparison
Historical data not available for comparison