The scale of their wealth
Health
The price of life
Let's compare Edward Bass's fortune with the healthcare spending of a massive country
Edward Bass 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, Edward Bass could cover the healthcare spending of Luxembourg, considered the most heavily funded healthcare system in the world, for 0.6 years.
Education
Buying the future
Let's also compare their fortune with education spending, first with a poor country
Edward Bass 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 Edward Bass could pay for it entirely for 1.2 years.
Research
The monopoly on progress
Coming full circle, we think it's also interesting to add another gigantic country
Edward Bass could fully fund the state research budget of Pakistan, the fifth most populous country in the world with over 260,000,000 inhabitants, for 5.1 years.
And of course, the country that invests the most per capita worldwide
But even if we compare the total wealth of Edward Bass 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
Edward Bass'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.
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.
Edward Bass could buy 5,527,496 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 Edward Bass will almost certainly have enough money left over to pay for the gas.
Biography
In 1959 Edward Bass and his three brothers inherited $2.8 million each from oil tycoon uncle Sid Richardson.
The brothers parlayed their inheritance into multi-billion dollar fortunes with the help of bets on oil and pipelines that paid off big.
In early 2017, Bass and his three brothers sold their oil company to ExxonMobil for $5.6 billion in stock. Future payouts could total $1 billion.
In 2018, Bass pledged $160 million to refurbish the Peabody Museum at Yale University.
Bass owns Sundance Square, a 37-block area of downtown Fort Worth dedicated to historical preservation and community building.
Financial Assets
Monthly wealth history
Fortune comparison
Historical data not available for comparison