David Humphreys & family
Source of wealth: Residential roofing
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The scale of their wealth
Health
The price of life
Let's compare David Humphreys & family's fortune with the healthcare spending of a massive country
David Humphreys & family 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, David Humphreys & family 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
David Humphreys & family could cover the total cost of Nigeria's education system, the most populous country in Africa with over 243,000,000 inhabitants, for 0.4 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 Humphreys & family could pay for it entirely for 0.5 years.
Research
The monopoly on progress
Coming full circle, we think it's also interesting to add another gigantic country
David Humphreys & 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 2.0 years.
And of course, the country that invests the most per capita worldwide
But even if we compare the total wealth of David Humphreys & 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 0.0 years.
Gold
Everyday luxuries
David Humphreys & family'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.
David Humphreys & family could buy 2,212,519 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 David Humphreys & family will almost certainly have enough money left over to pay for the gas.
Biography
David Humphreys is an heir to the Galena, Kansas-based Tamko roofing fortune.
His grandfather E. L. Craig started the company in 1944 at the age of 69 in an old streetcar barn in Joplin, Missouri.
Today, Tamko is the fourth-largest manufacturer of roofing shingles in the United States. The company recorded $1.2 billion in 2023 revenue.
David took over as president and CEO of Tamko in 1994 after his father's death; he and his wife Debra both serve on Tamko's board of directors.
The Humphreys family sold a 25% stake in the business to the Carlyle Group, a $447 billion (assets under management) private equity firm, for an undisclosed sum in 2019.
David and his sister Sarah, and their respective families, split the remaining 75%.
Financial Assets
Financial assets information not available.
Monthly wealth history
Fortune comparison
Historical data not available for comparison