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#1405

George Argyros & family

Source of wealth: Real estate, investments

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 George Argyros & family's fortune with the healthcare spending of a massive country

George Argyros & family 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, George Argyros & family 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

George Argyros & family 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 George Argyros & family could pay for it entirely for 1.2 years.

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Research

The monopoly on progress

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

George Argyros & 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 5.1 years.

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

But even if we compare the total wealth of George Argyros & 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 0.1 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

George Argyros & family's fortune is equivalent to 21 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.

George Argyros & family could buy 5,505,037 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 George Argyros & family will almost certainly have enough money left over to pay for the gas.

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Biography

The grandson of Greek immigrants, George Argyros worked his way through high school and college in southern California as a paperboy and grocery clerk.

Argyros, a real estate mogul, founded property firm Arnel & Affiliates in southern California in 1968 and serves as its CEO.

The company owns 5,500 apartments in Orange County, California and nearly 2 million square feet of commercial real estate in southern California.

Argyros served as the U.S. Ambassador to Spain and Andorra from 2001 to 2004.

Financial Assets

Exchange
NYSE
Ticker
BRK.A-US
Company
Berkshire Hathaway Inc. (Cl A)
Exchange
NASDAQ
Ticker
COST-US
Company
Costco Wholesale
Exchange
NYSE
Ticker
FAF-US
Company
First American Corp.
Exchange
NYSE
Ticker
KSU-US
Company
Kansas City Southern
Exchange
NASDAQ
Ticker
PMBC-US
Company
Pacific Mercantile Bancorp

Monthly wealth history

Fortune comparison

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