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#622

Erich Wesjohann & family

Source of wealth: Poultry genetics

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 Erich Wesjohann & family's fortune with the healthcare spending of a massive country

Erich Wesjohann & family could fund the entire healthcare system of DR Congo, with a population of over 105,800,000 people, for approximately 2.9 years.

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

On the other end, Erich Wesjohann & family could cover the healthcare spending of Luxembourg, considered the most heavily funded healthcare system in the world, for 1.3 years.

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Education

Buying the future

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

Erich Wesjohann & family could cover the total cost of Nigeria's education system, the most populous country in Africa with over 243,000,000 inhabitants, for 1.9 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 Erich Wesjohann & family could pay for it entirely for 2.6 years.

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Research

The monopoly on progress

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

Erich Wesjohann & family could fully fund the state research budget of Pakistan, the fifth most populous country in the world with over 260,000,000 inhabitants, for 11.0 years.

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

But even if we compare the total wealth of Erich Wesjohann & family 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 0.2 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

Erich Wesjohann & family's fortune is equivalent to 45 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.

Erich Wesjohann & family could buy 11,905,891 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 2 trucks to transport them. Although Erich Wesjohann & family will almost certainly have enough money left over to pay for the gas.

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Biography

Erich Wesjohann is the chairman and namesake of Germany-based EW Group, the world's largest poultry breeding and genetics company.

EW Group was founded in 1999, when Wesjohann and his brother Paul-Heinz decided to split up their family chicken company, originally dating to 1932.

In 2020, EW Group pulled in total revenue of $3.3 billion. Two U.S. poultry breeders Aviagen and Hubbard make up key assets in EW Group's portfolio.

The low-profile billionaire and his wife have transferred a portion of ownership in EW Group to other members of their family over the years.

Financial Assets

Financial assets information not available.

Monthly wealth history

Fortune comparison

Historical data not available for comparison

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