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#844

Ion Stoica

Source of wealth: Data analytics

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 Ion Stoica's fortune with the healthcare spending of a massive country

Ion Stoica could fund the entire healthcare system of DR Congo, with a population of over 105,800,000 people, for approximately 2.3 years.

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

On the other end, Ion Stoica could cover the healthcare spending of Luxembourg, considered the most heavily funded healthcare system in the world, for 1.0 years.

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Education

Buying the future

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

Ion Stoica could cover the total cost of Nigeria's education system, the most populous country in Africa with over 243,000,000 inhabitants, for 1.5 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 Ion Stoica could pay for it entirely for 2.0 years.

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Research

The monopoly on progress

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

Ion Stoica could fully fund the state research budget of Pakistan, the fifth most populous country in the world with over 260,000,000 inhabitants, for 8.5 years.

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

But even if we compare the total wealth of Ion Stoica 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

Ion Stoica's fortune is equivalent to 34 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.

Ion Stoica could buy 9,199,851 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 2 trucks to transport them. Although Ion Stoica will almost certainly have enough money left over to pay for the gas.

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Biography

Ion Stoica is cofounder and executive chairman of software startup Databricks, which private investors valued at $134 billion in February.

He served as the original CEO from its inception in 2013 until early 2016, when he ceded the position to cofounder Ali Ghodsi.

Prior to Databricks, Stoica cofounded video streaming startup Conviva. He is also a UC Berkeley computer science professor.

Stoica cofounded Databricks alongside six UC Berkeley academics who had built the popular data analytics engine Apache Spark.

Databricks is built on top of the Apache Spark framework and uses AI to help companies store and utilize their data.

Financial Assets

Financial assets information not available.

Monthly wealth history

Fortune comparison

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