Derek Stevens
Source of wealth: Casinos
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The scale of their wealth
Health
The price of life
Let's compare Derek Stevens's fortune with the healthcare spending of a massive country
Derek Stevens could fund the entire healthcare system of DR Congo, with a population of over 105,800,000 people, for approximately 0.6 years.
But even if we compare their fortune with that of a rich country
On the other end, Derek Stevens 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
Derek Stevens 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 Derek Stevens 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
Derek Stevens could fully fund the state research budget of Pakistan, the fifth most populous country in the world with over 260,000,000 inhabitants, for 2.1 years.
And of course, the country that invests the most per capita worldwide
But even if we compare the total wealth of Derek Stevens 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
Derek Stevens's fortune is equivalent to 9 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.
Derek Stevens could buy 2,282,554 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 Derek Stevens will almost certainly have enough money left over to pay for the gas.
Biography
Derek Stevens is the CEO and majority owner of three casinos in Downtown Las Vegas, The Golden Gate, The D and his crown jewel, Circa.
Stevens, who co-owns these properties with his brother, opened Circa in October 2020 at a cost of $1 billion. It was the first new casino in Downtown Las Vegas since the 1980s.
Born in Grosse Point, Michigan, Stevens is also the CEO of Cold Heading Co., a leading manufacturer and supplier of fasteners for the auto industry that his family started in the early 1900s.
Stevens first bought 50% of The Golden Gate on Fremont Street, which opened in 1906 as Sin City's first hotel and casino. A few years later, he bought the rest.
In 2011, Stevens bought Fitzgerald's, an Irish-themed casino, and completed a 36-story renovation and renamed it The D.
Stevens also owns Circa Sports, a sports betting company that is live across seven states.
Financial Assets
Financial assets information not available.
Monthly wealth history
Fortune comparison
Historical data not available for comparison