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Antonia Ax:son Johnson & family
#224

Antonia Ax:son Johnson & family

Source of wealth: Diversified

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 Antonia Ax:son Johnson & family's fortune with the healthcare spending of a massive country

Antonia Ax:son Johnson & family could fund the entire healthcare system of DR Congo, with a population of over 105,800,000 people, for approximately 6.1 years.

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

On the other end, Antonia Ax:son Johnson & family could cover the healthcare spending of Luxembourg, considered the most heavily funded healthcare system in the world, for 2.7 years.

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Education

Buying the future

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

Antonia Ax:son Johnson & family could cover the total cost of Nigeria's education system, the most populous country in Africa with over 243,000,000 inhabitants, for 4.0 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 Antonia Ax:son Johnson & family could pay for it entirely for 5.4 years.

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Research

The monopoly on progress

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

Antonia Ax:son Johnson & 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 22.9 years.

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

But even if we compare the total wealth of Antonia Ax:son Johnson & 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 0.5 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

Antonia Ax:son Johnson & family's fortune is equivalent to 93 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.

Antonia Ax:son Johnson & family could buy 24,856,416 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 4 trucks to transport them. Although Antonia Ax:son Johnson & family will almost certainly have enough money left over to pay for the gas.

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Biography

Antonia Ax:son Johnson is the fourth generation member of her family to own conglomerate Axel Johnson.

Ax:son Johnson succeeded her father as head of the privately held, diversified trading company in 1982.

She stepped down as chairman in March 2015 and handed the reins over to her daughter, Caroline Berg.

She still has a seat on the board, and most of the ownership.

Founded by her great-grandfather in 1873, the conglomerate now has interests in energy, real estate, industrial products and grocery store chains.

It also holds a 50% stake in Axfood AB, one of the largest food companies in Scandinavia.

Financial Assets

Exchange
OMX NORDIC STOCKHOLM
Ticker
AXFO-SE
Company
Axfood AB
Exchange
OMX NORDIC STOCKHOLM
Ticker
DUST-SE
Company
Dustin Group
Exchange
OMX NORDIC STOCKHOLM
Ticker
MEKO-SE
Company
Mekonomen AB
Exchange
OMX NORDIC STOCKHOLM
Ticker
NCC.B-SE
Company
NCC B
Exchange
OSLO
Ticker
OTOVO-NO
Company
Otovo
Exchange
NYSE
Ticker
SRLP-US
Company
Sprague Resources LP

Monthly wealth history

Fortune comparison

Historical data not available for comparison

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