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#1005

Herbert Wertheim

Source of wealth: Investments

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 Herbert Wertheim's fortune with the healthcare spending of a massive country

Herbert Wertheim could fund the entire healthcare system of DR Congo, with a population of over 105,800,000 people, for approximately 1.9 years.

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

On the other end, Herbert Wertheim could cover the healthcare spending of Luxembourg, considered the most heavily funded healthcare system in the world, for 0.8 years.

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Education

Buying the future

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

Herbert Wertheim could cover the total cost of Nigeria's education system, the most populous country in Africa with over 243,000,000 inhabitants, for 1.2 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 Herbert Wertheim could pay for it entirely for 1.7 years.

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Research

The monopoly on progress

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

Herbert Wertheim could fully fund the state research budget of Pakistan, the fifth most populous country in the world with over 260,000,000 inhabitants, for 7.1 years.

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

But even if we compare the total wealth of Herbert Wertheim 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 0.2 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

Herbert Wertheim's fortune is equivalent to 29 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.

Herbert Wertheim could buy 7,740,988 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 Herbert Wertheim will almost certainly have enough money left over to pay for the gas.

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Biography

Herbert "Herbie" Wertheim is an optometrist and inventor who built a fortune over five decades of investing in stocks.

Wertheim, who is dyslexic and struggled in school, joined the U.S. Navy at age 17 after facing truancy charges.

He founded and still runs Brain Power Inc., a manufacturer of optical tints for eyeglasses; it holds more than 100 patents and copyrights.

Since 1970, he has invested his profits from Brain Power into the stock market and is the largest individual shareholder in aerospace firm Heico.

Financial Assets

Exchange
NASDAQ
Ticker
GOOGL-US
Company
Alphabet
Exchange
NASDAQ
Ticker
AAPL-US
Company
Apple
Exchange
NYSE
Ticker
GEV-US
Company
GE Vernova
Exchange
NYSE
Ticker
GE-US
Company
General Electric
Exchange
NASDAQ
Ticker
GOOG-US
Company
Google Inc. (Cl C)
Exchange
NYSE
Ticker
HEI-US
Company
Heico
Exchange
NYSE
Ticker
HEI.A-US
Company
Heico Corporation Class A
Exchange
NASDAQ
Ticker
META-US
Company
Meta Platforms
Exchange
NASDAQ
Ticker
MSFT-US
Company
Microsoft

Monthly wealth history

Fortune comparison

Historical data not available for comparison

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