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Antony Ressler
#287

Antony Ressler

Source of wealth: Finance

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 Antony Ressler's fortune with the healthcare spending of a massive country

Antony Ressler could fund the entire healthcare system of DR Congo, with a population of over 105,800,000 people, for approximately 5.0 years.

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

On the other end, Antony Ressler could cover the healthcare spending of Luxembourg, considered the most heavily funded healthcare system in the world, for 2.2 years.

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Education

Buying the future

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

Antony Ressler could cover the total cost of Nigeria's education system, the most populous country in Africa with over 243,000,000 inhabitants, for 3.3 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 Antony Ressler could pay for it entirely for 4.5 years.

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Research

The monopoly on progress

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

Antony Ressler could fully fund the state research budget of Pakistan, the fifth most populous country in the world with over 260,000,000 inhabitants, for 18.8 years.

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

But even if we compare the total wealth of Antony Ressler 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 0.4 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

Antony Ressler's fortune is equivalent to 77 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.

Antony Ressler could buy 20,413,517 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 Antony Ressler will almost certainly have enough money left over to pay for the gas.

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Biography

Antony "Tony" Ressler cofounded private equity giant Apollo Global Management with brother-in-law and fellow billionaire Leon Black in 1990.

Like Black, he had previously worked at Wall Street firm Drexel Burnham Lambert, where he was known for his role in the bond department.

In 1997, he cofounded private equity firm Ares Management. He stepped down as CEO in December 2017 and became executive chairman.

Ressler owns a minority stake in the Milwaukee Brewers baseball team and is the majority owner of the NBA's Atlanta Hawks.

Ressler sits on the boards of the Los Angeles County Museum of Art and Cedars-Sinai Medical Center

Financial Assets

Exchange
NYSE
Ticker
ACRE-US
Company
Ares Commercial Real Estate Corporation
Exchange
NYSE
Ticker
ARES-US
Company
Ares Management LP

Monthly wealth history

Fortune comparison

Historical data not available for comparison

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