The scale of their wealth
Health
The price of life
Let's compare Arturo Moreno's fortune with the healthcare spending of a massive country
Arturo Moreno could fund the entire healthcare system of DR Congo, with a population of over 105,800,000 people, for approximately 2.2 years.
But even if we compare their fortune with that of a rich country
On the other end, Arturo Moreno could cover the healthcare spending of Luxembourg, considered the most heavily funded healthcare system in the world, for 1.0 years.
Education
Buying the future
Let's also compare their fortune with education spending, first with a poor country
Arturo Moreno could cover the total cost of Nigeria's education system, the most populous country in Africa with over 243,000,000 inhabitants, for 1.5 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 Arturo Moreno could pay for it entirely for 2.0 years.
Research
The monopoly on progress
Coming full circle, we think it's also interesting to add another gigantic country
Arturo Moreno could fully fund the state research budget of Pakistan, the fifth most populous country in the world with over 260,000,000 inhabitants, for 8.4 years.
And of course, the country that invests the most per capita worldwide
But even if we compare the total wealth of Arturo Moreno 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
Arturo Moreno's fortune is equivalent to 34 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.
Arturo Moreno could buy 9,136,573 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 Arturo Moreno will almost certainly have enough money left over to pay for the gas.
Biography
Arturo Moreno is the owner of the Los Angeles Angels baseball team, which he bought in 2003 for $184 million. It is now worth about $2.75 billion.
Moreno's initial fortune came from billboard advertising company Outdoor Systems, which he sold to Infinity Broadcasting in 1999 for $8.3 billion.
He has stakes in other billboard advertising companies, as well as commercial real estate holdings throughout Phoenix.
Moreno's $325 million plan to develop a new Angels baseball stadium was scuttled in 2022, by Anaheim's City Council.
A few months later, Moreno announced he intended to sell the Angels to the highest bidder but later changed his mind.
Financial Assets
Monthly wealth history
Fortune comparison
Historical data not available for comparison