Gideon Hamburger
Source of wealth: Financial Services
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The scale of their wealth
Health
The price of life
Let's compare Gideon Hamburger's fortune with the healthcare spending of a massive country
Gideon Hamburger could fund the entire healthcare system of DR Congo, with a population of over 105,800,000 people, for approximately 1.0 years.
But even if we compare their fortune with that of a rich country
On the other end, Gideon Hamburger could cover the healthcare spending of Luxembourg, considered the most heavily funded healthcare system in the world, for 0.4 years.
Education
Buying the future
Let's also compare their fortune with education spending, first with a poor country
Gideon Hamburger could cover the total cost of Nigeria's education system, the most populous country in Africa with over 243,000,000 inhabitants, for 0.7 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 Gideon Hamburger could pay for it entirely for 0.9 years.
Research
The monopoly on progress
Coming full circle, we think it's also interesting to add another gigantic country
Gideon Hamburger could fully fund the state research budget of Pakistan, the fifth most populous country in the world with over 260,000,000 inhabitants, for 3.7 years.
And of course, the country that invests the most per capita worldwide
But even if we compare the total wealth of Gideon Hamburger 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.
Gold
Everyday luxuries
Gideon Hamburger's fortune is equivalent to 15 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.
Gideon Hamburger could buy 4,056,957 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 Gideon Hamburger will almost certainly have enough money left over to pay for the gas.
Biography
Gideon Hamburger is the president of Harel Insurance, an Israeli insurance and financial services company.
He is one of three siblings - alongside Yair Hamburger and Nurit Manor - who control Harel through G.Y.N Consulting, the family's privately held company.
Harel, now one of Israel's biggest institutional financial firms, was founded in 1939 and has remained under family control.
Harel manages assets valued at NIS 571 billion ($176 billion) and operates across health, motor, life insurance, pensions and asset management.
Financial Assets
Monthly wealth history
Fortune comparison
Historical data not available for comparison