Christian Haub
Source of wealth: Retail
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The scale of their wealth
Health
The price of life
Let's compare Christian Haub's fortune with the healthcare spending of a massive country
Christian Haub could fund the entire healthcare system of DR Congo, with a population of over 105,800,000 people, for approximately 1.5 years.
But even if we compare their fortune with that of a rich country
On the other end, Christian Haub could cover the healthcare spending of Luxembourg, considered the most heavily funded healthcare system in the world, for 0.7 years.
Education
Buying the future
Let's also compare their fortune with education spending, first with a poor country
Christian Haub could cover the total cost of Nigeria's education system, the most populous country in Africa with over 243,000,000 inhabitants, for 1.0 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 Christian Haub could pay for it entirely for 1.4 years.
Research
The monopoly on progress
Coming full circle, we think it's also interesting to add another gigantic country
Christian Haub could fully fund the state research budget of Pakistan, the fifth most populous country in the world with over 260,000,000 inhabitants, for 5.7 years.
And of course, the country that invests the most per capita worldwide
But even if we compare the total wealth of Christian Haub 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.
Gold
Everyday luxuries
Christian Haub's fortune is equivalent to 23 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.
Christian Haub could buy 6,244,320 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 Christian Haub will almost certainly have enough money left over to pay for the gas.
Biography
Christian Haub runs his family's Tengelmann Group, a retail conglomerate that began with a shop opened in Muelheim an der Ruhr in 1867 and today employs more than 70,000.
Its operations include home-improvement chain OBI; clothing and non-food discounter KiK; online retailer babymarkt.de; and food production company No Meat Factory.
The group also invests in startups and is active in services (energy, plus audits and consulting), property management and real estate development.
Older brother Karl-Erivan and Christian had taken over as co-CEOs in 2000. In 2018, Karl-Erivan went missing while on a ski tour. In 2021, he was declared dead.
In 2021 Christian bought an additional stake in Tengelmann 21 from Karl-Erivan's two children, reportedly paying as much as $1.6 billion. He is now its largest shareholder with a 68.67% stake.
Financial Assets
Financial assets information not available.
Monthly wealth history
Fortune comparison
Historical data not available for comparison