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Daryl Katz
#536

Daryl Katz

Source of wealth: Pharmacies

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 Daryl Katz's fortune with the healthcare spending of a massive country

Daryl Katz could fund the entire healthcare system of DR Congo, with a population of over 105,800,000 people, for approximately 3.2 years.

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

On the other end, Daryl Katz could cover the healthcare spending of Luxembourg, considered the most heavily funded healthcare system in the world, for 1.4 years.

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Education

Buying the future

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

Daryl Katz could cover the total cost of Nigeria's education system, the most populous country in Africa with over 243,000,000 inhabitants, for 2.1 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 Daryl Katz could pay for it entirely for 2.9 years.

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Research

The monopoly on progress

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

Daryl Katz could fully fund the state research budget of Pakistan, the fifth most populous country in the world with over 260,000,000 inhabitants, for 12.1 years.

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

But even if we compare the total wealth of Daryl Katz 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 0.3 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

Daryl Katz's fortune is equivalent to 49 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.

Daryl Katz could buy 13,093,654 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 2 trucks to transport them. Although Daryl Katz will almost certainly have enough money left over to pay for the gas.

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Biography

Daryl Katz amassed a fortune in the pharmacy business, buying the Canadian rights to U.S. franchise Medicine Shoppe in 1991.

A few years later he snatched up struggling Canadian drugstore chain Rexall, then expanded to the U.S. market.

Katz, the son of a drug store owner, has since sold off all of his pharmacy operations, pivoting his Katz Group to real estate and entertainment.

He has been co-developing a $2 billion, 25-acre complex in Edmonton's downtown that will include offices, condos and retail, among others.

Katz also owns his native city's NHL team, the Edmonton Oilers.

Financial Assets

Exchange
US OTC
Ticker
BLKLF-US
Company
Blackline Safety
Exchange
NASDAQ
Ticker
FBIO-US
Company
Fortress Biotech

Monthly wealth history

Fortune comparison

Historical data not available for comparison

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