Faruk Eczacibasi
Source of wealth: Pharmaceuticals, diversified
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The scale of their wealth
Health
The price of life
Let's compare Faruk Eczacibasi's fortune with the healthcare spending of a massive country
Faruk Eczacibasi could fund the entire healthcare system of DR Congo, with a population of over 105,800,000 people, for approximately 0.6 years.
But even if we compare their fortune with that of a rich country
On the other end, Faruk Eczacibasi 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
Faruk Eczacibasi 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 Faruk Eczacibasi 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
Faruk Eczacibasi could fully fund the state research budget of Pakistan, the fifth most populous country in the world with over 260,000,000 inhabitants, for 2.3 years.
And of course, the country that invests the most per capita worldwide
But even if we compare the total wealth of Faruk Eczacibasi 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
Faruk Eczacibasi's fortune is equivalent to 9 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.
Faruk Eczacibasi could buy 2,450,260 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 Faruk Eczacibasi will almost certainly have enough money left over to pay for the gas.
Biography
Faruk Eczacibasi and brother Bulent are partners in a conglomerate that has 25 production facilities in Turkey and 16 abroad.
It is a global exporter of ceramic and wall tiles, plus bathroom fixtures and accessories (brands include VitrA, Villeroy & Boch and Engers Keramik).
Faruk and Bulent's father, Dr. Nejat F. Eczacibasi, focused on pharmaceuticals before expanding into personal health care and other businesses.
Eczacibasi Holding also operate in healthcare services and the production and distribution of medical products to hospitals.
Other key sectors are consumer products, finance, IT, mining and real estate development. Eczacibasi is Turkey's leading producer of toilet paper.
Financial Assets
Monthly wealth history
Fortune comparison
Historical data not available for comparison