David Adelman
Source of wealth: Real estate, asset management
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The scale of their wealth
Health
The price of life
Let's compare David Adelman's fortune with the healthcare spending of a massive country
David Adelman 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, David Adelman could cover the healthcare spending of Luxembourg, considered the most heavily funded healthcare system in the world, for 0.5 years.
Education
Buying the future
Let's also compare their fortune with education spending, first with a poor country
David Adelman 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 David Adelman could pay for it entirely for 1.0 years.
Research
The monopoly on progress
Coming full circle, we think it's also interesting to add another gigantic country
David Adelman 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 David Adelman 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
David Adelman'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.
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.
David Adelman could buy 4,407,005 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 David Adelman will almost certainly have enough money left over to pay for the gas.
Biography
David Adelman is a real estate, alternative investments and sports mogul.
His Campus Apartments is one of the largest providers of on- and off-campus housing in America, with some $2 billion of properties across 80 schools in 23 states.
He is also cofounded Future Standard, an alternative investments firm that manages $86 billion across mutual funds, REITs and other vehicles. He's vice chairman.
He has a 7% stake in Harris Blitzer Sports & Entertainment, which owns the NHL's New Jersey Devils and the NBA's Philadelphia 76ers. He's spearheading a plan to build the Sixers a $1.3 billion arena.
A Philadelphia native, Adelman got his start using $2,000 of bar mitzvah money to invest with student housing entrepreneur and family friend Alan Horwitz.
He then went to work for Horwitz, rising to CEO at age 25, and began taking more and more of the equity as he expanded Campus Apartments nationwide.
Financial Assets
Financial assets information not available.
Monthly wealth history
Fortune comparison
Historical data not available for comparison