The scale of their wealth
Health
The price of life
Let's compare David Fattal & family's fortune with the healthcare spending of a massive country
David Fattal & family 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 Fattal & family 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 Fattal & family 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 Fattal & family 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 Fattal & family 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 Fattal & family 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 Fattal & family'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 Fattal & family could buy 4,443,389 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 Fattal & family will almost certainly have enough money left over to pay for the gas.
Biography
David Fattal founded Fattal Hotels, Israel's largest hotel organization.
Fattal got his start as a waiter and bellboy and rose through management ranks before starting Fattal Hotels in 1998 at age 41.
He took the chain's parent company, Fattal Holdings 1998, public on the Tel Aviv Stock Exchange in 2018.
The company owns 47 hotels in Israel with 9,000 rooms, and manages 255 hotels with a total of more than 50,000 rooms across Israel, Europe and the Mediterranean region.
Fattal owns about 51% of Fattal Holdings and nearly 9% of Mediterranean Towers, which is also listed on the Tel Aviv Stock Exchange.
Financial Assets
Monthly wealth history
Fortune comparison
Historical data not available for comparison