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#2645

George Marcus

Source of wealth: Real estate

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

George Marcus 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, George Marcus could cover the healthcare spending of Luxembourg, considered the most heavily funded healthcare system in the world, for 0.3 years.

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Education

Buying the future

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

George Marcus 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 George Marcus could pay for it entirely for 0.6 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 Marcus 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 George Marcus 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 Marcus'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.

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 Marcus could buy 2,739,067 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 George Marcus will almost certainly have enough money left over to pay for the gas.

Biography

San Francisco Bay Area real estate broker George Marcus has been in the business for over 40 years.

Most of his fortune lies in a 35% stake in Marcus & Millichap, the publicly-traded real estate brokerage he founded in 1971.

Marcus & Millichap specializes in commercial real estate in the U.S. and Canada, closing nearly 9,000 transactions valued at $42.3 billion in 2016.

Marcus also controls a 3% stake in Essex Property Trust, a REIT he founded that owns more than 60,000 apartments along the West Coast.

Marcus also has a stake in several private real-estate and investment companies, including SummerHill Housing Group and Pacific Urban Residential.

Financial Assets

Exchange
NYSE
Ticker
ESS-US
Company
Essex Property Trust
Exchange
NYSE
Ticker
ESS-US
Company
Essex Property Trust
Exchange
NYSE
Ticker
MMI-US
Company
Marcus & Millichap, Inc.
Exchange
NYSE
Ticker
WFC-US
Company
Wells Fargo

Monthly wealth history

Fortune comparison

Historical data not available for comparison

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