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#1365

Duke Reyes

Source of wealth: Beer distribution

Net Worth

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Earnings per second

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The scale of their wealth

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Health

The price of life

Let's compare Duke Reyes's fortune with the healthcare spending of a massive country

Duke Reyes could fund the entire healthcare system of DR Congo, with a population of over 105,800,000 people, for approximately 1.4 years.

But even if we compare their fortune with that of a rich country

On the other end, Duke Reyes could cover the healthcare spending of Luxembourg, considered the most heavily funded healthcare system in the world, for 0.6 years.

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Education

Buying the future

Let's also compare their fortune with education spending, first with a poor country

Duke Reyes could cover the total cost of Nigeria's education system, the most populous country in Africa with over 243,000,000 inhabitants, for 0.9 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 Duke Reyes could pay for it entirely for 1.2 years.

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Research

The monopoly on progress

Coming full circle, we think it's also interesting to add another gigantic country

Duke Reyes could fully fund the state research budget of Pakistan, the fifth most populous country in the world with over 260,000,000 inhabitants, for 5.3 years.

And of course, the country that invests the most per capita worldwide

But even if we compare the total wealth of Duke Reyes 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.

While billions of people struggle to access basic healthcare, education, and research, a single individual could fund entire national systems for centuries.

Gold

Everyday luxuries

Gold bar

Duke Reyes's fortune is equivalent to 21 tons of gold. It's hard to process, since we don't usually keep a handful of gold bars in our piggy banks.

Gold rings

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.

Duke Reyes could buy 5,710,820 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 Duke Reyes will almost certainly have enough money left over to pay for the gas.

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Biography

Duke Reyes is CEO of Reyes Holdings, a food and beverage distribution company with more than $40 billion in sales and nearly 30,000 employees.

His older brothers Chris and Jude Reyes are co-chairmen, while younger brothers James and Tom are executives at a beer distribution subsidiary.

His older brothers and their father started the group in 1974 with a small Schlitz beer distributor in South Carolina purchased for $740,000.

Reyes Holdings owns food distributor Martin-Brower, beer distributor Reyes Beverage Group and two Coca-Cola bottlers.

Reyes Holdings sold its food distribution subsidiary Reinhardt to another distributor, Perfomance Food Group, in 2019 for $2 billion.

Financial Assets

Financial assets information not available.

Monthly wealth history

Fortune comparison

Historical data not available for comparison

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