Hubert Burda
Source of wealth: Publishing
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The scale of their wealth
Health
The price of life
Let's compare Hubert Burda's fortune with the healthcare spending of a massive country
Hubert Burda 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, Hubert Burda could cover the healthcare spending of Luxembourg, considered the most heavily funded healthcare system in the world, for 0.8 years.
Education
Buying the future
Let's also compare their fortune with education spending, first with a poor country
Hubert Burda 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 Hubert Burda could pay for it entirely for 1.7 years.
Research
The monopoly on progress
Coming full circle, we think it's also interesting to add another gigantic country
Hubert Burda could fully fund the state research budget of Pakistan, the fifth most populous country in the world with over 260,000,000 inhabitants, for 7.0 years.
And of course, the country that invests the most per capita worldwide
But even if we compare the total wealth of Hubert Burda 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.
Gold
Everyday luxuries
Hubert Burda'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.
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.
Hubert Burda could buy 7,622,493 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 Hubert Burda will almost certainly have enough money left over to pay for the gas.
Biography
Known for his glamorous lifestyle, Hubert Burda inherited and ran his family's media company for over 20 years before handing over management of the company to Paul-Bernhard Kallen in 2010.
He has transferred Burda Media shares to his two children, Elisabeth and Jacob (each now hold 37.4% of the company).
However, because "rights of usufruct" entitle Hubert to receive economic benefits from those shares, Forbes attributes the ownership to him.
Burda Media's portfolio consists of 500 media products in 14 countries, including Focus and Bunte and the German editions of Harper's Bazaar, ELLE and InStyle.
While continuing to invest in its magazine business, the group has built up its digital business, which now accounts for well over half of sales.
Financial Assets
Financial assets information not available.
Monthly wealth history
Fortune comparison
Historical data not available for comparison