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Johann Rupert & family
#189

Johann Rupert & family

Source of wealth: Luxury goods

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 Johann Rupert & family's fortune with the healthcare spending of a massive country

Johann Rupert & family could fund the entire healthcare system of DR Congo, with a population of over 105,800,000 people, for approximately 7.0 years.

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

On the other end, Johann Rupert & family could cover the healthcare spending of Luxembourg, considered the most heavily funded healthcare system in the world, for 3.1 years.

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Education

Buying the future

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

Johann Rupert & family could cover the total cost of Nigeria's education system, the most populous country in Africa with over 243,000,000 inhabitants, for 4.6 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 Johann Rupert & family could pay for it entirely for 6.2 years.

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Research

The monopoly on progress

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

Johann Rupert & 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 26.3 years.

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

But even if we compare the total wealth of Johann Rupert & 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 0.6 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

Johann Rupert & family's fortune is equivalent to 107 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.

Johann Rupert & family could buy 28,516,502 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 5 trucks to transport them. Although Johann Rupert & family will almost certainly have enough money left over to pay for the gas.

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Biography

Johann Rupert is chairman of Swiss luxury goods firm Compagnie Financiere Richemont.

The company is best known for the brands Cartier and Montblanc.

It was formed in 1998 through a spinoff of assets owned by Rembrandt Group Limited (now Remgro Limited), which his father Anton formed in the 1940s.

He owns 7% of diversified investment firm Remgro, which he chairs, as well as 26% of Reinet, an investment holding company based in Luxembourg.

Rupert has been a vocal opponent of plans to allow fracking in the Karoo, a region of South Africa where he owns land.

Financial Assets

Exchange
SIX SWISS
Ticker
CFR-CH
Company
Compagnie Financiere Richemont S.A.
Exchange
LUXEMBOURG
Ticker
REINI-LU
Company
Reinet Investments SCA
Exchange
JSE
Ticker
REM-ZA
Company
Remgro Ltd.
Exchange
JSE
Ticker
RMH-ZA
Company
RMB Holdings

Monthly wealth history

Fortune comparison

Historical data not available for comparison

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