Abdullah Amer Al Nahdi
Source of wealth: Pharmacies
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The scale of their wealth
Health
The price of life
Let's compare Abdullah Amer Al Nahdi's fortune with the healthcare spending of a massive country
Abdullah Amer Al Nahdi could fund the entire healthcare system of DR Congo, with a population of over 105,800,000 people, for approximately 0.9 years.
But even if we compare their fortune with that of a rich country
On the other end, Abdullah Amer Al Nahdi could cover the healthcare spending of Luxembourg, considered the most heavily funded healthcare system in the world, for 0.4 years.
Education
Buying the future
Let's also compare their fortune with education spending, first with a poor country
Abdullah Amer Al Nahdi could cover the total cost of Nigeria's education system, the most populous country in Africa with over 243,000,000 inhabitants, for 0.6 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 Abdullah Amer Al Nahdi could pay for it entirely for 0.8 years.
Research
The monopoly on progress
Coming full circle, we think it's also interesting to add another gigantic country
Abdullah Amer Al Nahdi could fully fund the state research budget of Pakistan, the fifth most populous country in the world with over 260,000,000 inhabitants, for 3.3 years.
And of course, the country that invests the most per capita worldwide
But even if we compare the total wealth of Abdullah Amer Al Nahdi 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
Abdullah Amer Al Nahdi's fortune is equivalent to 14 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.
Abdullah Amer Al Nahdi could buy 3,636,995 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 Abdullah Amer Al Nahdi will almost certainly have enough money left over to pay for the gas.
Biography
Abdullah Amer Al Nahdi founded and is vice chairman of Nahdi Medical, Saudi Arabia's largest chain of pharmacies.
Nahdi Medical, which had $2.3 billion in 2023 revenue, went public on the Saudi stock exchange in 2022.
Al Nahdi started the company by purchasing two pharmacies in Jeddah in 1986, a year after he graduated from university.
The company has more than 1,100 pharmacies, mostly in Saudi Arabia and some in the UAE.
Nahdi Medical has expanded into offering primary healthcare services through a number of health clinics.
Financial Assets
Monthly wealth history
Fortune comparison
Historical data not available for comparison