Forrest Preston
Source of wealth: Health care
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The scale of their wealth
Health
The price of life
Let's compare Forrest Preston's fortune with the healthcare spending of a massive country
Forrest Preston 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, Forrest Preston 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
Forrest Preston 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 Forrest Preston 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
Forrest Preston could fully fund the state research budget of Pakistan, the fifth most populous country in the world with over 260,000,000 inhabitants, for 2.5 years.
And of course, the country that invests the most per capita worldwide
But even if we compare the total wealth of Forrest Preston 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
Forrest Preston'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.
Forrest Preston could buy 2,705,098 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 Forrest Preston will almost certainly have enough money left over to pay for the gas.
Biography
Forrest Preston founded Life Care Centers of America in 1970 and has since made a fortune with facilities that house and care for the elderly.
The private firm operates over 200 nursing homes, assisted living facilities and retirement living communities in 27 states.
Preston is the CEO and sole owner of the company, which is based in Cleveland, Tennessee.
In 2016, the company agreed to pay $145 million to settle a government lawsuit alleging that the firm had over-billed federal healthcare programs.
In February 2020, an LCCA facility in Seattle became the epicenter of Washington's Covid-19 outbreak as nursing homes across the country struggled.
Financial Assets
Financial assets information not available.
Monthly wealth history
Fortune comparison
Historical data not available for comparison