#96

Gina Rinehart

Source of wealth: Mining

72 years Metals & Mining 🇦🇺 AU

Net Worth

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Earnings per second

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Perspective on their fortune

Gold

Everyday luxury

A Gina Rinehart's fortune is equivalent to 175 of gold, but this may be difficult to value, as we don't usually have a handful of gold bars in our piggy bank.

A standard gold ring typically weighs between 4 and 7 grams. Let's say this one weighs 5 grams. It's usually 18k gold.

Based on today's gold price (not taking into account the jeweler's fee, shipping, or anything else), that gold ring would be worth $556.3

Gina Rinehart could buy 46,633,446 gold rings. That's a lot of fingers and a lot of gifts!!

And if the number of rings is difficult to visualize, all these rings would need 8 trucks to transport them, But we can be almost certain that Gina Rinehart will have enough left over to pay for the gas for those trucks.

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While billions of people struggle to access basic healthcare, education, and research, a single individual could fund entire national systems for centuries.

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Health

The price of life

Let's compare Gina Rinehart's fortune with the healthcare spending of a huge country

Gina Rinehart could fund the entire healthcare system of DR Congo with a population of over 105,800,000 of inhabitants for approximately 11.7 years.

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

At the other extreme, Gina Rinehart could cover the health expenditure of Luxembourg, considered the world's most heavily invested health system, for 5.2 years

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Education

Buying the future

Lowest education spending

Gina Rinehart could assume the entire cost of the education system of Nigeria, the most populous country in Africa, with more than 243,000,000 inhabitants for 7.6 years.

Highest education spending

But not only could he assume the cost of a poor country, Luxembourg is considered the country with the highest per capita investment in education in the world, Gina Rinehart could pay for it in full for 10.4 years.

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Research

The monopoly of progress

Lowest research spending

Gina Rinehart could fully fund the state research budget of Pakistan, the fifth most populous country in the world with more than 260,000,000 of inhabitants, for 43.7 years.

Highest research spending

But even if we compare the total wealth of Gina Rinehart with Israel, the country that currently invests the most per capita in research in the world, it could assume the total cost of the system for 1.0 years.