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#1311

Gerry Harvey

Source of wealth: Retail

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 Gerry Harvey's fortune with the healthcare spending of a massive country

Gerry Harvey could fund the entire healthcare system of DR Congo, with a population of over 105,800,000 people, for approximately 1.5 years.

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

On the other end, Gerry Harvey 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

Gerry Harvey 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 Gerry Harvey 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

Gerry Harvey 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 Gerry Harvey 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

Gerry Harvey'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.

Gerry Harvey could buy 5,901,791 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 Gerry Harvey will almost certainly have enough money left over to pay for the gas.

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Biography

Gerry Harvey is cofounder and executive chairman of furniture and electrical goods chain Harvey Norman.

He also controls a property portfolio and owns the Magic Millions racehorse auction market.

He describes his wife Katie Page, who runs Harvey Norman, as "the mastermind" of the operation.

Page also holds shares in the company.

Harvey Norman has more than 100 company operated stores overseas, in countries like New Zealand, Singapore, Malaysia, Slovenia and the UK.

Financial Assets

Exchange
NEW ZEALAND
Ticker
BGP-NZ
Company
Briscoe Group
Exchange
ASX
Ticker
HVN-AU
Company
Harvey Norman Holdings Ltd.
Exchange
ASX
Ticker
HVN-AU
Company
Harvey Norman Holdings Ltd.

Monthly wealth history

Fortune comparison

Historical data not available for comparison

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