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#1039

Antti Herlin

Source of wealth: Elevators, escalators

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 Antti Herlin's fortune with the healthcare spending of a massive country

Antti Herlin could fund the entire healthcare system of DR Congo, with a population of over 105,800,000 people, for approximately 1.8 years.

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

On the other end, Antti Herlin 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

Antti Herlin could cover the total cost of Nigeria's education system, the most populous country in Africa with over 243,000,000 inhabitants, for 1.2 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 Antti Herlin could pay for it entirely for 1.6 years.

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Research

The monopoly on progress

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

Antti Herlin could fully fund the state research budget of Pakistan, the fifth most populous country in the world with over 260,000,000 inhabitants, for 6.9 years.

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

But even if we compare the total wealth of Antti Herlin 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 0.2 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

Antti Herlin's fortune is equivalent to 28 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.

Antti Herlin could buy 7,488,582 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 Antti Herlin will almost certainly have enough money left over to pay for the gas.

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Biography

Finland's richest person, Antti Herlin, is chairman of Kone Corporation, the world's third-largest maker of elevators and escalators.

His great-grandfather initially invested in Kone in 1924, and Herlin served as CEO from 1996 to 2006.

Kone's products appear around the world in such places as Shanghai Hongqiao International Airport and Makkah Clock Royal Tower hotel in Saudi Arabia.

During his tenure as CEO, he expanded operations through acquisitions and alliances, and was given control of the firm as reward by his father Pekka.

Herlin holds shares in Finnish media firm Sanoma, owner of Finland's largest newspaper Helsingin Sanomat.

Herlin's son Jussi is Kone's vice chairman, and his daughter Iiris is on the board of directors.

Financial Assets

Exchange
OMX NORDIC HELSINKI
Ticker
CAV1V-FI
Company
Caverion
Exchange
OMX NORDIC HELSINKI
Ticker
HUH1V-FI
Company
Huhtamäki
Exchange
OMX NORDIC HELSINKI
Ticker
KEMIRA-FI
Company
Kemira
Exchange
OMX NORDIC HELSINKI
Ticker
KNEBV-FI
Company
Kone
Exchange
OMX NORDIC HELSINKI
Ticker
KCR-FI
Company
Konecranes
Exchange
OMX NORDIC HELSINKI
Ticker
METSO-FI
Company
Metso
Exchange
OMX NORDIC HELSINKI
Ticker
NOKIA-FI
Company
Nokia
Exchange
OMX NORDIC HELSINKI
Ticker
SANOMA-FI
Company
SanomaWSOY
Exchange
OMX NORDIC HELSINKI
Ticker
UPM-FI
Company
UPM-Kymmene Oyj
Exchange
OMX NORDIC HELSINKI
Ticker
WRT1V-FI
Company
Wartsila
Exchange
OMX NORDIC HELSINKI
Ticker
YIT-FI
Company
YIT Group

Monthly wealth history

Fortune comparison

Historical data not available for comparison

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