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#3350

Jiagui Deng

Source of wealth: Quartz materials

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 Jiagui Deng's fortune with the healthcare spending of a massive country

Jiagui Deng could fund the entire healthcare system of DR Congo, with a population of over 105,800,000 people, for approximately 0.5 years.

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

On the other end, Jiagui Deng could cover the healthcare spending of Luxembourg, considered the most heavily funded healthcare system in the world, for 0.2 years.

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Education

Buying the future

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

Jiagui Deng could cover the total cost of Nigeria's education system, the most populous country in Africa with over 243,000,000 inhabitants, for 0.3 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 Jiagui Deng could pay for it entirely for 0.4 years.

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Research

The monopoly on progress

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

Jiagui Deng could fully fund the state research budget of Pakistan, the fifth most populous country in the world with over 260,000,000 inhabitants, for 1.7 years.

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

But even if we compare the total wealth of Jiagui Deng 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 0.0 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

Jiagui Deng's fortune is equivalent to 7 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.

Jiagui Deng could buy 1,866,703 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 0 trucks to transport them. Although Jiagui Deng will almost certainly have enough money left over to pay for the gas.

Biography

Deng Jiagui is one of the controlling shareholders of Hubei Feilihua Quartz Glass, a supplier of high-purity quartz glass materials.

Deng stepped down as chairman in 2017 after working in the company for 50 years.

Hubei Feilihua Quartz Glass listed on the Shenzhen Stock Exchange in 2014.

Financial Assets

Exchange
SHENZHEN
Ticker
300395-CN
Company
Hubei Feilihua Quartz Glass
Exchange
SHENZHEN
Ticker
300395-CN
Company
Hubei Feilihua Quartz Glass

Fortune comparison

Historical data not available for comparison

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