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#1103

Amos Hostetter Jr

Source of wealth: Cable television

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 Amos Hostetter Jr's fortune with the healthcare spending of a massive country

Amos Hostetter Jr could fund the entire healthcare system of DR Congo, with a population of over 105,800,000 people, for approximately 1.7 years.

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

On the other end, Amos Hostetter Jr could cover the healthcare spending of Luxembourg, considered the most heavily funded healthcare system in the world, for 0.8 years.

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Education

Buying the future

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

Amos Hostetter Jr could cover the total cost of Nigeria's education system, the most populous country in Africa with over 243,000,000 inhabitants, for 1.1 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 Amos Hostetter Jr could pay for it entirely for 1.5 years.

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Research

The monopoly on progress

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

Amos Hostetter Jr could fully fund the state research budget of Pakistan, the fifth most populous country in the world with over 260,000,000 inhabitants, for 6.5 years.

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

But even if we compare the total wealth of Amos Hostetter Jr 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

Amos Hostetter Jr's fortune is equivalent to 27 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.

Amos Hostetter Jr could buy 7,078,721 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 Amos Hostetter Jr will almost certainly have enough money left over to pay for the gas.

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Biography

Amos Hostetter Jr. made a fortune in the 1990s as cable TV pioneer and now is most active in philanthropy.

He set out with an MBA and $1,500 in the 1960s to invest in a cable TV company that eventually became Continental Cablevision.

He sold it to US West for $11 billion in 1996.

His family's Barr Foundation has donated more than $1.7 billion to support the arts and education and to fight climate change.

Hostetter also runs Pilot House Ventures, an early-stage investment firm.

Financial Assets

Exchange
NYSE
Ticker
T-US
Company
AT&T Inc.
Exchange
NASDAQ
Ticker
CMCSA-US
Company
Comcast

Monthly wealth history

Fortune comparison

Historical data not available for comparison

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