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#1593

Bertil Hult

Source of wealth: Education

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 Bertil Hult's fortune with the healthcare spending of a massive country

Bertil Hult could fund the entire healthcare system of DR Congo, with a population of over 105,800,000 people, for approximately 1.2 years.

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

On the other end, Bertil Hult could cover the healthcare spending of Luxembourg, considered the most heavily funded healthcare system in the world, for 0.5 years.

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Education

Buying the future

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

Bertil Hult could cover the total cost of Nigeria's education system, the most populous country in Africa with over 243,000,000 inhabitants, for 0.8 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 Bertil Hult could pay for it entirely for 1.1 years.

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Research

The monopoly on progress

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

Bertil Hult could fully fund the state research budget of Pakistan, the fifth most populous country in the world with over 260,000,000 inhabitants, for 4.4 years.

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

But even if we compare the total wealth of Bertil Hult 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.

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

Bertil Hult's fortune is equivalent to 18 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.

Bertil Hult could buy 4,804,550 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 Bertil Hult will almost certainly have enough money left over to pay for the gas.

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Biography

Bertil Hult dropped out of college to start a business in his dormitory's basement in 1965, organizing trips to help students learn English in the UK.

Today his company, EF Education First, run by his three oldest sons, offers educational travel and language training in 111 countries.

* EF sends teens on its language, educational travel, academic, and exchange programs summer courses in such a scale that it makes EF one of the largest buyers of flights across the Atlantic

As the official supplier of language training for the 2016 Olympic games in Rio De Janeiro, EF says it helped teach English to 1 million Brazilians.

Himself severely dyslexic, he donates money to a school that focuses on innovative approaches to educating children with learning disabilities.

He is also the benefactor of the Hult Prize which awards $1 million in seed funding to the winners of a student competition.

Financial Assets

Financial assets information not available.

Monthly wealth history

Fortune comparison

Historical data not available for comparison

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