Barbara Banke & family
Source of wealth: Wine
...
...
The scale of their wealth
Health
The price of life
Let's compare Barbara Banke & family's fortune with the healthcare spending of a massive country
Barbara Banke & family could fund the entire healthcare system of DR Congo, with a population of over 105,800,000 people, for approximately 0.9 years.
But even if we compare their fortune with that of a rich country
On the other end, Barbara Banke & family could cover the healthcare spending of Luxembourg, considered the most heavily funded healthcare system in the world, for 0.4 years.
Education
Buying the future
Let's also compare their fortune with education spending, first with a poor country
Barbara Banke & family could cover the total cost of Nigeria's education system, the most populous country in Africa with over 243,000,000 inhabitants, for 0.6 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 Barbara Banke & family could pay for it entirely for 0.8 years.
Research
The monopoly on progress
Coming full circle, we think it's also interesting to add another gigantic country
Barbara Banke & 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 3.5 years.
And of course, the country that invests the most per capita worldwide
But even if we compare the total wealth of Barbara Banke & 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 0.1 years.
Gold
Everyday luxuries
Barbara Banke & family's fortune is equivalent to 14 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 $549.34.
Barbara Banke & family could buy 3,748,262 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 Barbara Banke & family will almost certainly have enough money left over to pay for the gas.
Biography
Starting in the mid 1980s, Barbara Banke built Jackson Family Wines alongside her late husband, Jess Jackson (d. 2011), into a multinational enterprise.
In addition to its signature Kendall-Jackson wines from Sonoma, the group owns La Crema and nearly 40 other wineries in California, Oregon, Chile, Italy and beyond.
Banke is chairman and proprietor of the group, which she owns with her and Jess's blended family of five children.
She helps lead the family's Stonestreet Farms racing stables, with horses on farms in Kentucky and Florida.
Banke, a former land use lawyer, met Jess Jackson when they were law partners at the same firm.
Financial Assets
Financial assets information not available.
Monthly wealth history
Fortune comparison
Historical data not available for comparison