Fredrik Lundberg
Source of wealth: Real estate, investments
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The scale of their wealth
Health
The price of life
Let's compare Fredrik Lundberg's fortune with the healthcare spending of a massive country
Fredrik Lundberg could fund the entire healthcare system of DR Congo, with a population of over 105,800,000 people, for approximately 4.1 years.
But even if we compare their fortune with that of a rich country
On the other end, Fredrik Lundberg could cover the healthcare spending of Luxembourg, considered the most heavily funded healthcare system in the world, for 1.8 years.
Education
Buying the future
Let's also compare their fortune with education spending, first with a poor country
Fredrik Lundberg could cover the total cost of Nigeria's education system, the most populous country in Africa with over 243,000,000 inhabitants, for 2.6 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 Fredrik Lundberg could pay for it entirely for 3.6 years.
Research
The monopoly on progress
Coming full circle, we think it's also interesting to add another gigantic country
Fredrik Lundberg could fully fund the state research budget of Pakistan, the fifth most populous country in the world with over 260,000,000 inhabitants, for 15.2 years.
And of course, the country that invests the most per capita worldwide
But even if we compare the total wealth of Fredrik Lundberg 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 0.3 years.
Gold
Everyday luxuries
Fredrik Lundberg's fortune is equivalent to 62 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.
Fredrik Lundberg could buy 16,474,333 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 3 trucks to transport them. Although Fredrik Lundberg will almost certainly have enough money left over to pay for the gas.
Biography
Fredrik Lundberg is CEO and chairman of L.E. Lundbergforetagen AB, founded by his father Lars in 1944 as a construction outfit.
Fredrik took over management of the firm in 1981.
Today it's a diversified holding company with investments in property management and other businesses.
Daughters Louise and Katarina, also billionaires, both sit on the board and each own a 15% stake in the group.
Through his holdings, Lundberg has a strong say in a dozen of Sweden's largest firms, including construction company Skanska, pulp and paper companies Holmen, as well as truck-maker Volvo.
Financial Assets
Monthly wealth history
Fortune comparison
Historical data not available for comparison