Anders Holch Povlsen
Source of wealth: Fashion retail
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The scale of their wealth
Health
The price of life
Let's compare Anders Holch Povlsen's fortune with the healthcare spending of a massive country
Anders Holch Povlsen could fund the entire healthcare system of DR Congo, with a population of over 105,800,000 people, for approximately 7.5 years.
But even if we compare their fortune with that of a rich country
On the other end, Anders Holch Povlsen could cover the healthcare spending of Luxembourg, considered the most heavily funded healthcare system in the world, for 3.3 years.
Education
Buying the future
Let's also compare their fortune with education spending, first with a poor country
Anders Holch Povlsen could cover the total cost of Nigeria's education system, the most populous country in Africa with over 243,000,000 inhabitants, for 4.9 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 Anders Holch Povlsen could pay for it entirely for 6.6 years.
Research
The monopoly on progress
Coming full circle, we think it's also interesting to add another gigantic country
Anders Holch Povlsen could fully fund the state research budget of Pakistan, the fifth most populous country in the world with over 260,000,000 inhabitants, for 27.9 years.
And of course, the country that invests the most per capita worldwide
But even if we compare the total wealth of Anders Holch Povlsen 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 0.6 years.
Gold
Everyday luxuries
Anders Holch Povlsen's fortune is equivalent to 114 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.
Anders Holch Povlsen could buy 30,348,110 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 5 trucks to transport them. Although Anders Holch Povlsen will almost certainly have enough money left over to pay for the gas.
Biography
Anders Holch Povlsen built his fortune on fashion, primarily from retailer Bestseller.
Povlsen's parents opened the family's first store in 1975 in the small Danish town of Ringkobing.
He took over at age 28 and is now the sole owner of Bestseller, which peddles apparel under 11 brand names, including Jack&Jones, Only and Vero Moda.
Povlsen also has significant stakes in retailer ASOS, online grocery store Nemlig and payments company Klarna.
Povlsen lost three of four children and was himself injured in a terrorist attack in Sri Lanka in 2019. He and his wife had twins the following year.
Financial Assets
Monthly wealth history
Fortune comparison
Historical data not available for comparison