Archie Aldis Emmerson & family
Source of wealth: Timberland, lumber mills
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The scale of their wealth
Health
The price of life
Let's compare Archie Aldis Emmerson & family's fortune with the healthcare spending of a massive country
Archie Aldis Emmerson & family could fund the entire healthcare system of DR Congo, with a population of over 105,800,000 people, for approximately 2.5 years.
But even if we compare their fortune with that of a rich country
On the other end, Archie Aldis Emmerson & family could cover the healthcare spending of Luxembourg, considered the most heavily funded healthcare system in the world, for 1.1 years.
Education
Buying the future
Let's also compare their fortune with education spending, first with a poor country
Archie Aldis Emmerson & family could cover the total cost of Nigeria's education system, the most populous country in Africa with over 243,000,000 inhabitants, for 1.6 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 Archie Aldis Emmerson & family could pay for it entirely for 2.2 years.
Research
The monopoly on progress
Coming full circle, we think it's also interesting to add another gigantic country
Archie Aldis Emmerson & 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 9.4 years.
And of course, the country that invests the most per capita worldwide
But even if we compare the total wealth of Archie Aldis Emmerson & 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 0.2 years.
Gold
Everyday luxuries
Archie Aldis Emmerson & family's fortune is equivalent to 38 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.
Archie Aldis Emmerson & family could buy 10,165,849 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 2 trucks to transport them. Although Archie Aldis Emmerson & family will almost certainly have enough money left over to pay for the gas.
Biography
The country's third largest landowner, Archie Aldis "Red" Emmerson and his family own some 2.5 million acres across the nation.
His Sierra Pacific Industries is the largest private lumber production firm in the nation, with 14 sawmills across California, Oregon and Washington.
Emmerson and his father Curly started SPI in 1949. It went public in 1969 but four years later they bought out their partner and took it private.
Today, Red's sons George and Mark run the firm as president and chairman, respectively, though Red is still at the office nearly every day.
Financial Assets
Financial assets information not available.
Monthly wealth history
Fortune comparison
Historical data not available for comparison