Emre Tezmen

Source of wealth: Finance

53 years male Finance & Investments 🇹🇷 TR

Net Worth

...

Earnings per second

...

The scale of their wealth

🏥

Health

The price of life

Let's compare Emre Tezmen's fortune with the healthcare spending of a massive country

Emre Tezmen could fund the entire healthcare system of DR Congo, with a population of over 105,800,000 people, for approximately 0.5 years.

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

On the other end, Emre Tezmen 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

Emre Tezmen 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 Emre Tezmen 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

Emre Tezmen could fully fund the state research budget of Pakistan, the fifth most populous country in the world with over 260,000,000 inhabitants, for 2.0 years.

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

But even if we compare the total wealth of Emre Tezmen 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.

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

Emre Tezmen's fortune is equivalent to 8 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.

Emre Tezmen could buy 2,221,661 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 Emre Tezmen will almost certainly have enough money left over to pay for the gas.

Biography

Emre Tezmen is the founder and largest shareholder of Tera Yatırım Bankası, a Turkish investment company.

After earning an economic degree from Université Libre de Bruxelles and an MBA at Vrije Universiteit Brussel, Tezmen began a career in finance sector, working in research, institutional sales, and management.

He founded Tera in 2005, selling his house and car to finance it, later using all of his savings for the acquisition of brokerage firm Stok Menkul.

He added to his portfolio of finance assets with businesses focused on factoring (2015), and portfolio management and information technologies (2020).