Chen Baozhen

Source of wealth: internet services

83 years female Technology 🇨🇳 CN

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 Chen Baozhen's fortune with the healthcare spending of a massive country

Chen Baozhen could fund the entire healthcare system of DR Congo, with a population of over 105,800,000 people, for approximately 0.5 years.

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

On the other end, Chen Baozhen could cover the healthcare spending of Luxembourg, considered the most heavily funded healthcare system in the world, for 0.2 years.

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Education

Buying the future

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

Chen Baozhen could cover the total cost of Nigeria's education system, the most populous country in Africa with over 243,000,000 inhabitants, for 0.3 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 Chen Baozhen could pay for it entirely for 0.4 years.

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Research

The monopoly on progress

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

Chen Baozhen could fully fund the state research budget of Pakistan, the fifth most populous country in the world with over 260,000,000 inhabitants, for 1.8 years.

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

But even if we compare the total wealth of Chen Baozhen 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 0.0 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

Chen Baozhen's fortune is equivalent to 7 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.

Chen Baozhen could buy 1,987,537 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 0 trucks to transport them. Although Chen Baozhen will almost certainly have enough money left over to pay for the gas.

Biography

Chen Baozhen derives her wealth from Shenzhen-listed Internet service platform provider Wangsu Science.

Chen started working for an electrical instrument factory in Fujian Province in 1960 and stayed there for 30 years. In 2000 she cofounded the predecessor to Wangsu Science.

Chen sold a substantial part of her stake in Wangsu Science & Technology between 2018 and 2020.