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#2584

Alan Wilson

Source of wealth: Retailing

Net Worth

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Earnings per second

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The scale of their wealth

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Health

The price of life

Let's compare Alan Wilson's fortune with the healthcare spending of a massive country

Alan Wilson could fund the entire healthcare system of DR Congo, with a population of over 105,800,000 people, for approximately 0.7 years.

But even if we compare their fortune with that of a rich country

On the other end, Alan Wilson could cover the healthcare spending of Luxembourg, considered the most heavily funded healthcare system in the world, for 0.3 years.

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Education

Buying the future

Let's also compare their fortune with education spending, first with a poor country

Alan Wilson could cover the total cost of Nigeria's education system, the most populous country in Africa with over 243,000,000 inhabitants, for 0.5 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 Alan Wilson could pay for it entirely for 0.6 years.

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Research

The monopoly on progress

Coming full circle, we think it's also interesting to add another gigantic country

Alan Wilson could fully fund the state research budget of Pakistan, the fifth most populous country in the world with over 260,000,000 inhabitants, for 2.6 years.

And of course, the country that invests the most per capita worldwide

But even if we compare the total wealth of Alan Wilson 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.

While billions of people struggle to access basic healthcare, education, and research, a single individual could fund entire national systems for centuries.

Gold

Everyday luxuries

Gold bar

Alan Wilson's fortune is equivalent to 11 tons of gold. It's hard to process, since we don't usually keep a handful of gold bars in our piggy banks.

Gold rings

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.

Alan Wilson could buy 2,818,128 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 Alan Wilson will almost certainly have enough money left over to pay for the gas.

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Biography

Alan Wilson gets his wealth from a stake in Reece Group, Australia's biggest bathroom and plumbing supplies chain.

Reece also provides HVAC-R (heating, ventilation, air conditioning and refrigeration) to commercial and residential customers.

The company, which has more than 800 outlets across Australia, New Zealand and the U.S, celebrated its centennial in 2020.

Alan became Reece's chairman in 2008 and his son Peter became chief executive. In 2022, Alan stepped down as chairman but remains an executive director. Today Peter serves as chairman and CEO.

His brothers, John and Bruce, also have stakes in Reece and are billionaires.

Financial Assets

Exchange
ASX
Ticker
REH-AU
Company
Reece Australia

Monthly wealth history

Fortune comparison

Historical data not available for comparison

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