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#907

George Bishop

Source of wealth: Oil & gas

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 Bishop's fortune with the healthcare spending of a massive country

George Bishop could fund the entire healthcare system of DR Congo, with a population of over 105,800,000 people, for approximately 2.1 years.

But even if we compare their fortune with that of a rich country

On the other end, George Bishop could cover the healthcare spending of Luxembourg, considered the most heavily funded healthcare system in the world, for 0.9 years.

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Education

Buying the future

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

George Bishop could cover the total cost of Nigeria's education system, the most populous country in Africa with over 243,000,000 inhabitants, for 1.4 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 George Bishop could pay for it entirely for 1.9 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 Bishop could fully fund the state research budget of Pakistan, the fifth most populous country in the world with over 260,000,000 inhabitants, for 7.9 years.

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

But even if we compare the total wealth of George Bishop 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 0.2 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 Bishop's fortune is equivalent to 32 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 Bishop could buy 8,596,584 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 2 trucks to transport them. Although George Bishop will almost certainly have enough money left over to pay for the gas.

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Biography

George Bishop founded oil and gas producer GeoSouthern Energy in 1981.

In one of the biggest scores of the oil boom, GeoSouthern sold its south Texas fields to Devon Energy in 2013 for $6 billion.

In 2015, Bishop redeployed some capital into a shale natural gas play in Louisiana, in a JV with Blackstone Credit called GEP Haynesville.

He sold his stake in GEP Haynesville in 2021, when Southwestern Energy acquired the company for $1.85 billion.

In 2021 he also launched GEP Haynesville II, a joint venture with Williams Companies, also focused on the Haynesville shale in Louisiana.

Bishop reportedly owns Chub Cay, a 29-room resort in the Bahamas with a yacht marina that can accommodate up to 160 yachts.

Financial Assets

Financial assets information not available.

Monthly wealth history

Fortune comparison

Historical data not available for comparison

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