Abdulla bin Ahmad Al Ghurair & family
Source of wealth: Diversified
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The scale of their wealth
Health
The price of life
Let's compare Abdulla bin Ahmad Al Ghurair & family's fortune with the healthcare spending of a massive country
Abdulla bin Ahmad Al Ghurair & family could fund the entire healthcare system of DR Congo, with a population of over 105,800,000 people, for approximately 2.0 years.
But even if we compare their fortune with that of a rich country
On the other end, Abdulla bin Ahmad Al Ghurair & 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 bin Ahmad Al Ghurair & family could cover the total cost of Nigeria's education system, the most populous country in Africa with over 243,000,000 inhabitants, for 1.3 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 bin Ahmad Al Ghurair & family could pay for it entirely for 1.8 years.
Research
The monopoly on progress
Coming full circle, we think it's also interesting to add another gigantic country
Abdulla bin Ahmad Al Ghurair & 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 7.5 years.
And of course, the country that invests the most per capita worldwide
But even if we compare the total wealth of Abdulla bin Ahmad Al Ghurair & 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 bin Ahmad Al Ghurair & family's fortune is equivalent to 31 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 bin Ahmad Al Ghurair & family could buy 8,182,863 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 1 trucks to transport them. Although Abdulla bin Ahmad Al Ghurair & family will almost certainly have enough money left over to pay for the gas.
Biography
Abdulla bin Ahmad Al Ghurair founded Mashreqbank, a leading U.A.E. bank, in 1967. He stepped down as chairman in 2019.
His eponymous holding company has interests in food, construction and real estate; non-family members are part of the leadership team.
His construction company did the exterior cladding of Burj Khalifa, the world's tallest building, and helped build the Dubai Metro.
His brother Saif Al Ghurair, who passed away in 2019, was also a billionaire.
Financial Assets
Monthly wealth history
Fortune comparison
Historical data not available for comparison