Ho Te Yu
Source of wealth: Electronic connectors
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The scale of their wealth
Health
The price of life
Let's compare Ho Te Yu's fortune with the healthcare spending of a massive country
Ho Te Yu could fund the entire healthcare system of DR Congo, with a population of over 105,800,000 people, for approximately 0.6 years.
But even if we compare their fortune with that of a rich country
On the other end, Ho Te Yu could cover the healthcare spending of Luxembourg, considered the most heavily funded healthcare system in the world, for 0.2 years.
Education
Buying the future
Let's also compare their fortune with education spending, first with a poor country
Ho Te Yu could cover the total cost of Nigeria's education system, the most populous country in Africa with over 243,000,000 inhabitants, for 0.4 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 Ho Te Yu could pay for it entirely for 0.5 years.
Research
The monopoly on progress
Coming full circle, we think it's also interesting to add another gigantic country
Ho Te Yu could fully fund the state research budget of Pakistan, the fifth most populous country in the world with over 260,000,000 inhabitants, for 2.1 years.
And of course, the country that invests the most per capita worldwide
But even if we compare the total wealth of Ho Te Yu 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 0.0 years.
Gold
Everyday luxuries
Ho Te Yu's fortune is equivalent to 9 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.
Ho Te Yu could buy 2,289,167 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 0 trucks to transport them. Although Ho Te Yu will almost certainly have enough money left over to pay for the gas.
Biography
Ho Te Yu, along with his brother Chu Te Hsiang (Ho took their mother's surname), cofounded Lotes in 1986 as a maker of copper pins used in electronic connectors.
Three years later, it started producing electronic connectors, the essential nuts and bolts for all the electronic goods from cars to mobile devices to AI servers, and has become one of the world's largest manufacturers.
A breakthrough came in 2012 when it successfully developed cable products certified by Intel and Apple.
Today, Lotes' connectors are fitted in semiconductor chips produced by Intel and AMD.
Financial Assets
Fortune comparison
Historical data not available for comparison