Cyrus Madon
Source of wealth: private equity
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The scale of their wealth
Health
The price of life
Let's compare Cyrus Madon's fortune with the healthcare spending of a massive country
Cyrus Madon 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, Cyrus Madon 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
Cyrus Madon 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 Cyrus Madon could pay for it entirely for 0.4 years.
Research
The monopoly on progress
Coming full circle, we think it's also interesting to add another gigantic country
Cyrus Madon could fully fund the state research budget of Pakistan, the fifth most populous country in the world with over 260,000,000 inhabitants, for 1.9 years.
And of course, the country that invests the most per capita worldwide
But even if we compare the total wealth of Cyrus Madon 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
Cyrus Madon's fortune is equivalent to 8 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.
Cyrus Madon could buy 2,040,743 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 Cyrus Madon will almost certainly have enough money left over to pay for the gas.
Biography
Cyrus Madon is the executive vice chair of Brookfield Asset Management, a Toronto-based spinoff of Brookfield Corp. which manages $1 trillion in assets.
Madon joined Brookfield in 1998 and was previously the CEO of its private equity business. He remains its executive chair of private equity.
He began his career working in corporate finance at PricewaterhouseCoopers and initially joined Brookfield as CFO of its real estate brokerage business.
Madon also serves on the board of the C.D. Howe Institute, an influential Canadian think tank.
Financial Assets
Monthly wealth history
Fortune comparison
Historical data not available for comparison