David Kaplan
Source of wealth: Finance
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The scale of their wealth
Health
The price of life
Let's compare David Kaplan's fortune with the healthcare spending of a massive country
David Kaplan could fund the entire healthcare system of DR Congo, with a population of over 105,800,000 people, for approximately 0.8 years.
But even if we compare their fortune with that of a rich country
On the other end, David Kaplan could cover the healthcare spending of Luxembourg, considered the most heavily funded healthcare system in the world, for 0.4 years.
Education
Buying the future
Let's also compare their fortune with education spending, first with a poor country
David Kaplan could cover the total cost of Nigeria's education system, the most populous country in Africa with over 243,000,000 inhabitants, for 0.6 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 Kaplan could pay for it entirely for 0.8 years.
Research
The monopoly on progress
Coming full circle, we think it's also interesting to add another gigantic country
David Kaplan could fully fund the state research budget of Pakistan, the fifth most populous country in the world with over 260,000,000 inhabitants, for 3.2 years.
And of course, the country that invests the most per capita worldwide
But even if we compare the total wealth of David Kaplan 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 Kaplan's fortune is equivalent to 13 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 Kaplan could buy 3,431,380 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 Kaplan will almost certainly have enough money left over to pay for the gas.
Biography
David Kaplan is a cofounder of credit-focused alternative investment firm Ares Management, which manages $596 billion in assets.
Kaplan has been at Ares since 2003 and previously spent three years at venture firm Shelter Capital Partners and a decade at Apollo Global Management.
He currently serves as a director and partner of Ares and was previously co-chairman of its private equity business.
Financial Assets
Monthly wealth history
Fortune comparison
Historical data not available for comparison