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#2437

Chen Yung-tai

Source of wealth: Real estate

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 Yung-tai's fortune with the healthcare spending of a massive country

Chen Yung-tai could fund the entire healthcare system of DR Congo, with a population of over 105,800,000 people, for approximately 0.7 years.

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

On the other end, Chen Yung-tai could cover the healthcare spending of Luxembourg, considered the most heavily funded healthcare system in the world, for 0.3 years.

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Education

Buying the future

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

Chen Yung-tai could cover the total cost of Nigeria's education system, the most populous country in Africa with over 243,000,000 inhabitants, for 0.5 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 Chen Yung-tai could pay for it entirely for 0.7 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 Yung-tai could fully fund the state research budget of Pakistan, the fifth most populous country in the world with over 260,000,000 inhabitants, for 2.8 years.

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

But even if we compare the total wealth of Chen Yung-tai 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

Chen Yung-tai's fortune is equivalent to 11 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.

Chen Yung-tai could buy 3,034,717 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 Chen Yung-tai will almost certainly have enough money left over to pay for the gas.

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Biography

Chen Yung-tai got his start selling office clocks in 1965. He later expanded into office equipment, furniture and electronics.

Today his listed Aurora Corp., chaired by wife Yuan Hui-Hua since 2018, sells electronics in over 1,500 locations in Taiwan and mainland China.

Aurora also owns real estate, including a 38-story tower, in Shanghai's Lujiazui financial district.

Chen studied economics in college. That department is now part of National Taipei University.

Financial Assets

Exchange
TAIWAN
Ticker
2373-TW
Company
Aurora Corp
Exchange
TAIWAN
Ticker
2373-TW
Company
Aurora Corp
Exchange
TAIWAN
Ticker
2433-TW
Company
Aurora Systems Corp
Exchange
TAIWAN
Ticker
2433-TW
Company
Aurora Systems Corp

Monthly wealth history

Fortune comparison

Historical data not available for comparison

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