Vladimir Lisin
Source of wealth: Steel, transport
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The scale of their wealth
Health
The price of life
Let's compare Vladimir Lisin's fortune with the healthcare spending of a massive country
Vladimir Lisin could fund the entire healthcare system of DR Congo, with a population of over 105,800,000 people, for approximately 11.5 years.
But even if we compare their fortune with that of a rich country
On the other end, Vladimir Lisin could cover the healthcare spending of Luxembourg, considered the most heavily funded healthcare system in the world, for 5.1 years.
Education
Buying the future
Let's also compare their fortune with education spending, first with a poor country
Vladimir Lisin could cover the total cost of Nigeria's education system, the most populous country in Africa with over 243,000,000 inhabitants, for 7.5 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 Lisin could pay for it entirely for 10.2 years.
Research
The monopoly on progress
Coming full circle, we think it's also interesting to add another gigantic country
Vladimir Lisin could fully fund the state research budget of Pakistan, the fifth most populous country in the world with over 260,000,000 inhabitants, for 43.0 years.
And of course, the country that invests the most per capita worldwide
But even if we compare the total wealth of Vladimir Lisin 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 1.0 years.
Gold
Everyday luxuries
Vladimir Lisin's fortune is equivalent to 175 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 Lisin could buy 46,689,503 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 8 trucks to transport them. Although Vladimir Lisin will almost certainly have enough money left over to pay for the gas.
Biography
Vladimir Lisin is chairman of NLMK Group, a leading manufacturer of steel products.
Lisin started out as an electrical fitter in a coal mine in Siberia and then worked as a steelworker in Central Russia.
Starting from 1993, Lisin cooperated with the Trans World Group (TWG) as a partner.
Later, he became a shareholder of one of the factories, NLMK. The TWG company attempted to challenge Lisin's actions in court but lost.
Lisin also owns port management company Port One, which has subsidiaries in the Baltic and Black Sea basins.
In 2023 he sold one of the largest Russian railway operators, Freight One, to Russian investors.
Financial Assets
Monthly wealth history
Fortune comparison
Historical data not available for comparison