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#1883

Guo Guangchang

Source of wealth: Diversified

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 Guo Guangchang's fortune with the healthcare spending of a massive country

Guo Guangchang 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, Guo Guangchang could cover the healthcare spending of Luxembourg, considered the most heavily funded healthcare system in the world, for 0.4 years.

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Education

Buying the future

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

Guo Guangchang 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 Guo Guangchang could pay for it entirely for 0.9 years.

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Research

The monopoly on progress

Coming full circle, we think it's also interesting to add another gigantic country

Guo Guangchang 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 Guo Guangchang 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

Guo Guangchang'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.

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.

Guo Guangchang could buy 4,055,536 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 Guo Guangchang will almost certainly have enough money left over to pay for the gas.

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Biography

Guo Guangchang is the chairman of Fosun International, an investment group whose interests cover pharmaceuticals, insurance, tourism and mining.

Fosun was set up in Shanghai in 1992. Today the group has nearly 110,000 employees across the globe.

Fosun purchased a 74% stake in Indian pharmaceuticals company Gland Pharma in 2017.

It is reportedly in talks to sell a minority stake in luxury resort chain Club Med to Singapore's CapitaLand Investment.

Fosun cofounder Liang Xinjun is also a billionaire.

Financial Assets

Exchange
HONG KONG
Ticker
656-HK
Company
Fosun International
Exchange
SHENZHEN
Ticker
300226-CN
Company
Shanghai Ganglian E-Commerce Holdings Co., Ltd.
Exchange
SHENZHEN
Ticker
300226-CN
Company
Shanghai Ganglian E-Commerce Holdings Co., Ltd.
Exchange
SHENZHEN
Ticker
300414-CN
Company
Sichuan Zhongguang Lightning Protection Technologies

Monthly wealth history

Fortune comparison

Historical data not available for comparison

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