J. Tomilson Hill
Source of wealth: Investments
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The scale of their wealth
Health
The price of life
Let's compare J. Tomilson Hill's fortune with the healthcare spending of a massive country
J. Tomilson Hill could fund the entire healthcare system of DR Congo, with a population of over 105,800,000 people, for approximately 1.4 years.
But even if we compare their fortune with that of a rich country
On the other end, J. Tomilson Hill could cover the healthcare spending of Luxembourg, considered the most heavily funded healthcare system in the world, for 0.6 years.
Education
Buying the future
Let's also compare their fortune with education spending, first with a poor country
J. Tomilson Hill could cover the total cost of Nigeria's education system, the most populous country in Africa with over 243,000,000 inhabitants, for 0.9 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. Tomilson Hill could pay for it entirely for 1.2 years.
Research
The monopoly on progress
Coming full circle, we think it's also interesting to add another gigantic country
J. Tomilson Hill could fully fund the state research budget of Pakistan, the fifth most populous country in the world with over 260,000,000 inhabitants, for 5.1 years.
And of course, the country that invests the most per capita worldwide
But even if we compare the total wealth of J. Tomilson Hill 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.
Gold
Everyday luxuries
J. Tomilson Hill's fortune is equivalent to 21 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. Tomilson Hill could buy 5,576,617 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. Tomilson Hill will almost certainly have enough money left over to pay for the gas.
Biography
Mergers and acquisitions maven J. Tomilson "Tom" Hill started off his career at investment bank First Boston, where he cofounded the M&A department.
Hill later became a partner at Lehman Brothers in the 1980s, where he befriended Blackstone cofounders Pete Peterson and Stephen Schwarzman.
In 1993, after being ousted as co-CEO at Lehman, he joined Peterson and Schwarzman at Blackstone, their growing private equity firm.
Hill, who took over Blackstone's hedge fund group in 2000 and became vice chairman in 2007, stepped down from his position in 2019.
He now heads the Hill Art Foundation and is CEO of hedge fund Two Sigma's real estate business and chairman of its private investments business.
Financial Assets
Monthly wealth history
Fortune comparison
Historical data not available for comparison