Chris Ellison
Source of wealth: Mining
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The scale of their wealth
Health
The price of life
Let's compare Chris Ellison's fortune with the healthcare spending of a massive country
Chris Ellison could fund the entire healthcare system of DR Congo, with a population of over 105,800,000 people, for approximately 0.6 years.
But even if we compare their fortune with that of a rich country
On the other end, Chris Ellison could cover the healthcare spending of Luxembourg, considered the most heavily funded healthcare system in the world, for 0.2 years.
Education
Buying the future
Let's also compare their fortune with education spending, first with a poor country
Chris Ellison could cover the total cost of Nigeria's education system, the most populous country in Africa with over 243,000,000 inhabitants, for 0.4 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 Chris Ellison could pay for it entirely for 0.5 years.
Research
The monopoly on progress
Coming full circle, we think it's also interesting to add another gigantic country
Chris Ellison could fully fund the state research budget of Pakistan, the fifth most populous country in the world with over 260,000,000 inhabitants, for 2.1 years.
And of course, the country that invests the most per capita worldwide
But even if we compare the total wealth of Chris Ellison 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.
Gold
Everyday luxuries
Chris Ellison's fortune is equivalent to 9 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.
Chris Ellison could buy 2,292,354 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 Chris Ellison will almost certainly have enough money left over to pay for the gas.
Biography
Chris Ellison is a veteran of the Australian mining sector, who draws his wealth from a minority stake in listed Mineral Resources.
The company mines both iron ore and a mineral called spodumene, which contains lithium.
In 2021, Mineral Resources together with U.S. lithium giant Albemarle re-opened the Wodinga mine in the Pilbara, in north-west Australia. It holds 29% of the world's spodumene.
Ellison was appointed non-executive chairman of lithium explorer Delta Lithium in September 2023, after Mineral Resources increased its stake to 23%.
Ellison grew up in a poor family in rural New Zealand where his father was a pig farmer and later worked in a quarry.
Financial Assets
Monthly wealth history
Fortune comparison
Historical data not available for comparison