Abdulla Al Futtaim & family
Source of wealth: Auto dealers, investments
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The scale of their wealth
Health
The price of life
Let's compare Abdulla Al Futtaim & family's fortune with the healthcare spending of a massive country
Abdulla Al Futtaim & family could fund the entire healthcare system of DR Congo, with a population of over 105,800,000 people, for approximately 2.1 years.
But even if we compare their fortune with that of a rich country
On the other end, Abdulla Al Futtaim & family could cover the healthcare spending of Luxembourg, considered the most heavily funded healthcare system in the world, for 0.9 years.
Education
Buying the future
Let's also compare their fortune with education spending, first with a poor country
Abdulla Al Futtaim & family could cover the total cost of Nigeria's education system, the most populous country in Africa with over 243,000,000 inhabitants, for 1.4 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 Abdulla Al Futtaim & family could pay for it entirely for 1.9 years.
Research
The monopoly on progress
Coming full circle, we think it's also interesting to add another gigantic country
Abdulla Al Futtaim & family could fully fund the state research budget of Pakistan, the fifth most populous country in the world with over 260,000,000 inhabitants, for 7.8 years.
And of course, the country that invests the most per capita worldwide
But even if we compare the total wealth of Abdulla Al Futtaim & family 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
Abdulla Al Futtaim & family's fortune is equivalent to 32 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.
Abdulla Al Futtaim & family could buy 8,484,508 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 Abdulla Al Futtaim & family will almost certainly have enough money left over to pay for the gas.
Biography
Abdulla Al Futtaim owns conglomerate Al Futtaim Group, run by his son Omar, who is vice chairman and CEO.
In 1955, the group became the exclusive distributor in the U.A.E. of Toyota-- and still has the distributorship today.
Al Futtaim also has the license to operate Hertz, Ikea and Toys "R" Us and Marks and Spencer in the U.A.E.
The retailers anchor its malls, which include Dubai Festival City, Dubai Festival Plaza, Doha Festival City and Cairo Festival City.
His cousin Majid Al Futtaim, who died in 2021, was also a billionaire.
Financial Assets
Monthly wealth history
Fortune comparison
Historical data not available for comparison