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#1698

Dan Wilks

Source of wealth: Natural gas

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 Dan Wilks's fortune with the healthcare spending of a massive country

Dan Wilks could fund the entire healthcare system of DR Congo, with a population of over 105,800,000 people, for approximately 1.1 years.

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

On the other end, Dan Wilks could cover the healthcare spending of Luxembourg, considered the most heavily funded healthcare system in the world, for 0.5 years.

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Education

Buying the future

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

Dan Wilks could cover the total cost of Nigeria's education system, the most populous country in Africa with over 243,000,000 inhabitants, for 0.7 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 Dan Wilks could pay for it entirely for 1.0 years.

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Research

The monopoly on progress

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

Dan Wilks could fully fund the state research budget of Pakistan, the fifth most populous country in the world with over 260,000,000 inhabitants, for 4.1 years.

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

But even if we compare the total wealth of Dan Wilks 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

Dan Wilks's fortune is equivalent to 17 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.

Dan Wilks could buy 4,494,933 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 Dan Wilks will almost certainly have enough money left over to pay for the gas.

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Biography

Dan and his brother Farris got a combined $3.5 billion (pretax) in 2011 selling their fracking company to a group led by Singapore-based firm Temasek.

The brothers have acquired more than 672,000 acres of land in six different states across the West, becoming America's 12th-largest landowners.

They first founded Wilks Masonry in 1995, following in their stone mason father's footsteps.

In 2002 they went into fracking, launching Frac Tech and growing it into an oil and natural gas giant before cashing out less than a decade later.

The brothers are also investing in oil and gas businesses, including fracking company U.S. Well Services and data provider Dawson Geophysical Company.

Financial Assets

Exchange
TORONTO
Ticker
ACX-CA
Company
ACT Energy Technologies
Exchange
NYSE AMERICAN
Ticker
BATL-US
Company
Battalion Oil
Exchange
NYSE
Ticker
CPE-US
Company
Callon Petroleum Co (sold)
Exchange
NASDAQ
Ticker
DWSN-US
Company
Dawson Geophysical
Exchange
NYSE
Ticker
FTK-US
Company
FTK Flotek Industries Inc
Exchange
NYSE
Ticker
FTK-US
Company
FTK Flotek Industries Inc
Exchange
NASDAQ
Ticker
PTEN-US
Company
Patterson-UTI Energy
Exchange
NASDAQ
Ticker
ACDC-US
Company
ProFrac Holding Corp.
Exchange
NYSE
Ticker
PUMP-US
Company
ProPetro Holding
Exchange
NYSE
Ticker
SEI-US
Company
Solaris Energy Infrastructure
Exchange
NASDAQ
Ticker
USWS-US
Company
US Well Services

Monthly wealth history

Fortune comparison

Historical data not available for comparison

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