The scale of their wealth
Health
The price of life
Let's compare Dean Solon's fortune with the healthcare spending of a massive country
Dean Solon could fund the entire healthcare system of DR Congo, with a population of over 105,800,000 people, for approximately 0.7 years.
But even if we compare their fortune with that of a rich country
On the other end, Dean Solon could cover the healthcare spending of Luxembourg, considered the most heavily funded healthcare system in the world, for 0.3 years.
Education
Buying the future
Let's also compare their fortune with education spending, first with a poor country
Dean Solon could cover the total cost of Nigeria's education system, the most populous country in Africa with over 243,000,000 inhabitants, for 0.5 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 Dean Solon could pay for it entirely for 0.6 years.
Research
The monopoly on progress
Coming full circle, we think it's also interesting to add another gigantic country
Dean Solon could fully fund the state research budget of Pakistan, the fifth most populous country in the world with over 260,000,000 inhabitants, for 2.7 years.
And of course, the country that invests the most per capita worldwide
But even if we compare the total wealth of Dean Solon 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
Dean Solon's fortune is equivalent to 11 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.
Dean Solon could buy 2,911,183 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 Dean Solon will almost certainly have enough money left over to pay for the gas.
Biography
Dean Solon founded Shoals Technologies in 1996; it makes electrical gear for some of the biggest U.S. solar installations.
Solon, who stepped down as CEO to join the board, owns 40% of Shoals Technologies Group, which had its IPO in January 2021.
Solon got his start at age 8 carrying his dad's toolbox to repair air conditioners; by 16 he had his own customers.
He dropped out of Purdue University and was soon designing and manufacturing automotive parts.
He is the author of two dozen patents pertaining to solar gear.
Financial Assets
Monthly wealth history
Fortune comparison
Historical data not available for comparison