J. Frank Harrison III & family

Source of wealth: Coca-Cola bottling

71 years male Food & Beverage 🇺🇸 US

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 J. Frank Harrison III & family's fortune with the healthcare spending of a massive country

J. Frank Harrison III & family could fund the entire healthcare system of DR Congo, with a population of over 105,800,000 people, for approximately 0.8 years.

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

On the other end, J. Frank Harrison III & family could cover the healthcare spending of Luxembourg, considered the most heavily funded healthcare system in the world, for 0.3 years.

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Education

Buying the future

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

J. Frank Harrison III & family could cover the total cost of Nigeria's education system, the most populous country in Africa with over 243,000,000 inhabitants, for 0.5 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 J. Frank Harrison III & family could pay for it entirely for 0.7 years.

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Research

The monopoly on progress

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

J. Frank Harrison III & family could fully fund the state research budget of Pakistan, the fifth most populous country in the world with over 260,000,000 inhabitants, for 2.9 years.

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

But even if we compare the total wealth of J. Frank Harrison III & family 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

J. Frank Harrison III & family's fortune is equivalent to 12 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.

J. Frank Harrison III & family could buy 3,127,295 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 J. Frank Harrison III & family will almost certainly have enough money left over to pay for the gas.

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Biography

J. Frank Harrison, III is the long-time chairman and CEO of Coca-Cola Consolidated, the largest independent Coca-Cola bottler in the U.S.

He owns 15% of the publicly traded company, which his great-grandfather J.B. Harrison founded in 1902, but has majority voting control.

He succeeded his father J. Frank Harrison, Jr. (d. 2002) as CEO in 1994 and chairman in 1996.

A graduate of the University of North Carolina and Duke MBA, he joined the Charlotte-based company in 1977 and got his start running routes and operating bottling lines.

A devout Christian, he cofounded a missionary organization called Open Eyes with his son James Harrison IV, who died while doing relief work in Kenya in 2010.