Why paying $3,600 for a coffee with Ruslan Kogan was a bargain

Kogan founder Ruslan Kogan.

Overnight a coffee with Ruslan Kogan was auctioned off for charity for $3,600.

Now while it was for charity, the person who fronted the coin actually got a bargain. The BRW rich list, which was released today, put the tech entrepreneur at 173rd place with $335 million.

His site, Kogan.com has been running for 9 years and a source close to him claims he has worked on average 80 hours a week, 52 weeks a year. (Apparently Kogan doesn’t take holidays too often.) Working around 4,160 hours a year.

In 9 years, that’s 37,440 hours. Using the BRW figure of what Kogan is worth, that’s $8,948 an hour.

So using that logic, the person who paid $3,600 for a coffee with Kogan actually bagged a good deal.

NOW WATCH: Tech Insider videos

Want to read a more in-depth view on the trends influencing Australian business and the global economy? BI / Research is designed to help executives and industry leaders understand the major challenges and opportunities for industry, technology, strategy and the economy in the future. Sign up for free at research.businessinsider.com.au.