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#1956

Heikki Herlin

Source of wealth: Elevators, escalators

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 Heikki Herlin's fortune with the healthcare spending of a massive country

Heikki Herlin 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, Heikki Herlin 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

Heikki Herlin 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 Heikki Herlin 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

Heikki Herlin could fully fund the state research budget of Pakistan, the fifth most populous country in the world with over 260,000,000 inhabitants, for 3.6 years.

And of course, the country that invests the most per capita worldwide

But even if we compare the total wealth of Heikki Herlin 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

Heikki Herlin'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.

Heikki Herlin could buy 3,900,642 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 Heikki Herlin will almost certainly have enough money left over to pay for the gas.

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Biography

Heikki Herlin, born 1990, is an heir to the Kone fortune in Finland.

He is the great-great-grandson of Harald Herlin, who invested in Kone Elevators in 1924.

Heikki Herlin inherited shares in several Scandinavian companies from his father Niklas, who died in 2016.

His most valuable holdings are stakes in Kone and Cargotec, a producer of machinery for heavy duty cargo ships.

His two uncles and aunt, Ilkka, Antti and Iona Herlin, are all billionaires.

Financial Assets

Exchange
OMX NORDIC HELSINKI
Ticker
ALMA-FI
Company
Alma Media
Exchange
OMX NORDIC HELSINKI
Ticker
HIAB-FI
Company
Cargotec Oyj
Exchange
OMX NORDIC STOCKHOLM
Ticker
COOR-SE
Company
Coor Service Management Holding
Exchange
OMX NORDIC STOCKHOLM
Ticker
ELTEL-SE
Company
Eltel
Exchange
OMX NORDIC STOCKHOLM
Ticker
INSTAL-SE
Company
Instalco
Exchange
OMX NORDIC HELSINKI
Ticker
KNEBV-FI
Company
Kone
Exchange
OMX NORDIC HELSINKI
Ticker
OKDAV-FI
Company
Oriola KD (Class A)
Exchange
OMX NORDIC HELSINKI
Ticker
ORIOLA-FI
Company
Oriola KD (Class B)

Monthly wealth history

Fortune comparison

Historical data not available for comparison

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