Caroline Hagen Kjos

Source of wealth: Conglomerate

42 years female Diversified 🇳🇴 NO

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 Caroline Hagen Kjos's fortune with the healthcare spending of a massive country

Caroline Hagen Kjos could fund the entire healthcare system of DR Congo, with a population of over 105,800,000 people, for approximately 1.3 years.

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

On the other end, Caroline Hagen Kjos could cover the healthcare spending of Luxembourg, considered the most heavily funded healthcare system in the world, for 0.6 years.

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Education

Buying the future

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

Caroline Hagen Kjos could cover the total cost of Nigeria's education system, the most populous country in Africa with over 243,000,000 inhabitants, for 0.9 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 Caroline Hagen Kjos could pay for it entirely for 1.2 years.

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Research

The monopoly on progress

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

Caroline Hagen Kjos could fully fund the state research budget of Pakistan, the fifth most populous country in the world with over 260,000,000 inhabitants, for 4.9 years.

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

But even if we compare the total wealth of Caroline Hagen Kjos 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

Caroline Hagen Kjos's fortune is equivalent to 20 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.

Caroline Hagen Kjos could buy 5,351,265 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 Caroline Hagen Kjos will almost certainly have enough money left over to pay for the gas.

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Biography

Caroline Hagen Kjos became chairman of her family's Canica AS holding company in 2014.

The Swiss resident also received a majority stake in Canica at at that time.

Her father, Norwegian billionaire Stein Erik Hagen, founded discount supermarket Rimi with his father in the 1970s.

Rimi merged with Sweden's ICA group in 1998 and later with Dutch retailer Ahold; Hagen eventually sold his stake, forming Canica AS with the proceeds.

Canica AS now has a number of investments across Scandinavia, including consumer goods manufacturer Orkla ASA and hardware store chain Jernia.