Joesley Batista
Source of wealth: Beef processing
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The scale of their wealth
Health
The price of life
Let's compare Joesley Batista's fortune with the healthcare spending of a massive country
Joesley Batista could fund the entire healthcare system of DR Congo, with a population of over 105,800,000 people, for approximately 2.0 years.
But even if we compare their fortune with that of a rich country
On the other end, Joesley Batista could cover the healthcare spending of Luxembourg, considered the most heavily funded healthcare system in the world, for 0.9 years.
Education
Buying the future
Let's also compare their fortune with education spending, first with a poor country
Joesley Batista could cover the total cost of Nigeria's education system, the most populous country in Africa with over 243,000,000 inhabitants, for 1.3 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 Joesley Batista could pay for it entirely for 1.8 years.
Research
The monopoly on progress
Coming full circle, we think it's also interesting to add another gigantic country
Joesley Batista could fully fund the state research budget of Pakistan, the fifth most populous country in the world with over 260,000,000 inhabitants, for 7.6 years.
And of course, the country that invests the most per capita worldwide
But even if we compare the total wealth of Joesley Batista 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.
Gold
Everyday luxuries
Joesley Batista's fortune is equivalent to 31 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.
Joesley Batista could buy 8,217,014 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 Joesley Batista will almost certainly have enough money left over to pay for the gas.
Biography
Joesley Batista is one of two billionaire brothers who control publicly traded JBS S.A., one of the world's largest meat processing companies.
Their father, Jose Batista Sobrinho, started the business with a small butcher shop in Anapolis, in central Brazil. It grew by acquiring slaughterhouses in the region.
Joesley and his brother Wesley took control of JBS in the 2000s, leading to its 2007 acquisition of U.S. pork and beef processor Swift & Co. for $225 million.
He led the international expansion of JBS and and its main agricultural business, which became one of the biggest in Brazil.
In 2017 Joesley was arrested as part of a large Brazilian bribery probe and reportedly held for six months.
In May 2017, the brothers agreed to pay a $3.2 billion fine to Brazilian authorities because of their role in a large corruption scandal.
Financial Assets
Monthly wealth history
Fortune comparison
Historical data not available for comparison