Eduardo Voigt Schwartz
Source of wealth: Industrial Machinery
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The scale of their wealth
Health
The price of life
Let's compare Eduardo Voigt Schwartz's fortune with the healthcare spending of a massive country
Eduardo Voigt Schwartz 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, Eduardo Voigt Schwartz 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
Eduardo Voigt Schwartz 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 Eduardo Voigt Schwartz 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
Eduardo Voigt Schwartz could fully fund the state research budget of Pakistan, the fifth most populous country in the world with over 260,000,000 inhabitants, for 2.6 years.
And of course, the country that invests the most per capita worldwide
But even if we compare the total wealth of Eduardo Voigt Schwartz 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
Eduardo Voigt Schwartz's fortune is equivalent to 10 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.
Eduardo Voigt Schwartz could buy 2,777,028 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 Eduardo Voigt Schwartz will almost certainly have enough money left over to pay for the gas.
Biography
Eduardo Voigt Schwartz is one of the largest individual shareholders of WEG, the largest manufacturer of electrical motors in Latin America.
The company was cofounded by his grandfather Werner Ricardo Voigt along with former billionaires Eggon Joao da Silva and Geraldo Werninghaus (deceased).
A publicly-traded multinational with factories in over ten countries, WEG has annual revenue of approximately $7 billion.
Eduardo does not hold a board seat or any executive position at WEG; and performs and tours as a DJ.
Financial Assets
Monthly wealth history
Fortune comparison
Historical data not available for comparison