Jeff Yass
Source of wealth: Trading, investments
...
...
Biography
Jeff Yass is a cofounder of Susquehanna International Group, one of Wall Street's largest and most successful trading firms.
He went to SUNY Binghamton, became a pro gambler, then began trading on the Philadelphia Stock Exchange in 1981 backed by billionaire Israel Englander.
In 1987, he cofounded Susquehanna with a handful of partners; it's now a giant in options trading and making markets, with more than 3,000 employees worldwide.
It recruits and trains traders using poker tournaments to sharpen decision-making skills; its traders have won 3 World Series of Poker bracelets.
Susquehanna has invested in hundreds of private companies globally, including TikTok parent ByteDance, its most valuable holding based on Forbes reporting.
Perspective on their fortune
Gold
Everyday luxury
A Jeff Yass's fortune is equivalent to 455 of gold, but this may be difficult to value, as we don't usually have a handful of gold bars in our piggy bank.
A standard gold ring typically weighs between 4 and 7 grams. Let's say this one weighs 5 grams. It's usually 18k gold.
Based on today's gold price (not taking into account the jeweler's fee, shipping, or anything else), that gold ring would be worth $556.3
Jeff Yass could buy 121,220,579 gold rings. That's a lot of fingers and a lot of gifts!!
And if the number of rings is difficult to visualize, all these rings would need 22 trucks to transport them, But we can be almost certain that Jeff Yass will have enough left over to pay for the gas for those trucks.
Health
The price of life
Let's compare Jeff Yass's fortune with the healthcare spending of a huge country
Jeff Yass could fund the entire healthcare system of DR Congo with a population of over 105,800,000 of inhabitants for approximately 30.3 years.
But even if we compare their fortune to that of a rich country
At the other extreme, Jeff Yass could cover the health expenditure of Luxembourg, considered the world's most heavily invested health system, for 13.4 years
Education
Buying the future
Lowest education spending
Jeff Yass could assume the entire cost of the education system of Nigeria, the most populous country in Africa, with more than 243,000,000 inhabitants for 19.8 years.
Highest education spending
But not only could he assume the cost of a poor country, Luxembourg is considered the country with the highest per capita investment in education in the world, Jeff Yass could pay for it in full for 27.0 years.
Research
The monopoly of progress
Lowest research spending
Jeff Yass could fully fund the state research budget of Pakistan, the fifth most populous country in the world with more than 260,000,000 of inhabitants, for 113.5 years.
Highest research spending
But even if we compare the total wealth of Jeff Yass with Israel, the country that currently invests the most per capita in research in the world, it could assume the total cost of the system for 2.5 years.
Financial Assets
Financial assets information not available.
Monthly wealth history
Fortune comparison
Historical data not available for comparison