Gregg Hymowitz
Source of wealth: Asset management
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The scale of their wealth
Health
The price of life
Let's compare Gregg Hymowitz's fortune with the healthcare spending of a massive country
Gregg Hymowitz could fund the entire healthcare system of DR Congo, with a population of over 105,800,000 people, for approximately 0.9 years.
But even if we compare their fortune with that of a rich country
On the other end, Gregg Hymowitz 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
Gregg Hymowitz could cover the total cost of Nigeria's education system, the most populous country in Africa with over 243,000,000 inhabitants, for 0.6 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 Gregg Hymowitz could pay for it entirely for 0.8 years.
Research
The monopoly on progress
Coming full circle, we think it's also interesting to add another gigantic country
Gregg Hymowitz could fully fund the state research budget of Pakistan, the fifth most populous country in the world with over 260,000,000 inhabitants, for 3.4 years.
And of course, the country that invests the most per capita worldwide
But even if we compare the total wealth of Gregg Hymowitz 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
Gregg Hymowitz's fortune is equivalent to 14 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.
Gregg Hymowitz could buy 3,649,951 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 Gregg Hymowitz will almost certainly have enough money left over to pay for the gas.
Biography
Gregg S. Hymowitz is chairman and CEO of EnTrust Global, an alternative asset management firm with $15.2B in assets under management.
He founded the firm in 1997, sold a majority stake to Legg Mason in 2016 and repurchased the entire interest from Franklin Templeton in 2020.
Hymowitz joined Goldman, Sachs & Co. In 1992 and became a vice president at the firm before leaving in 1997.
He graduated cum laude from Harvard Law School in 1990, and received a BA, Phi Beta Kappa, from the State University of New York at Binghamton in 1987.
Hymowitz most recently sold an additional minority stake in EnTrust to the Brunei Sovereign Wealth Fund, which now owns 20%.
Financial Assets
Financial assets information not available.
Monthly wealth history
Fortune comparison
Historical data not available for comparison