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#1343

Frank VanderSloot

Source of wealth: Nutrition, wellness products

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 Frank VanderSloot's fortune with the healthcare spending of a massive country

Frank VanderSloot 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, Frank VanderSloot could cover the healthcare spending of Luxembourg, considered the most heavily funded healthcare system in the world, for 0.6 years.

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Education

Buying the future

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

Frank VanderSloot 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 Frank VanderSloot could pay for it entirely for 1.3 years.

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Research

The monopoly on progress

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

Frank VanderSloot could fully fund the state research budget of Pakistan, the fifth most populous country in the world with over 260,000,000 inhabitants, for 5.4 years.

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

But even if we compare the total wealth of Frank VanderSloot 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.

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

Frank VanderSloot's fortune is equivalent to 22 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.

Frank VanderSloot could buy 5,818,422 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 Frank VanderSloot will almost certainly have enough money left over to pay for the gas.

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Biography

Frank VanderSloot founded and runs Melaleuca, which makes more than 450 products ranging from health supplements to eco-friendly household cleaners.

Melaleuca sells direct from the factory to more than one million consumers every month through its online store.

Born into a poor farming family, VanderSloot ran the farm while his father worked a railroad job, then lived in a laundromat to pay his way through school.

He is a major landowner -- with an estimated 148,000 acres across Idaho, Utah and Montana -- and he runs a leading purebred angus cattle operation.

He is also an active political donor, giving millions to Republicans. He was a national finance co-chair for Mitt Romney's two presidential bids.

Financial Assets

Financial assets information not available.

Monthly wealth history

Fortune comparison

Historical data not available for comparison

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