John Coates
Source of wealth: Online gambling
...
...
The scale of their wealth
Health
The price of life
Let's compare John Coates's fortune with the healthcare spending of a massive country
John Coates 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, John Coates 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
John Coates 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 John Coates 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
John Coates could fully fund the state research budget of Pakistan, the fifth most populous country in the world with over 260,000,000 inhabitants, for 5.2 years.
And of course, the country that invests the most per capita worldwide
But even if we compare the total wealth of John Coates 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
John Coates'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.
John Coates could buy 5,626,392 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 John Coates will almost certainly have enough money left over to pay for the gas.
Biography
John Coates is the co-CEO of U.K. company Bet365, one of the world's largest online gambling businesses.
He joined his billionaire sister and co-CEO, Denise, in 2001 to launch Bet365 after she sold some of their father's betting shops.
Bet365 has since become a global player, with over 53 million customers across 200 countries; John owns a quarter of the firm.
In July 2015, he became the vice chairman of English Premier League's Stoke City Football Club, in which Bet365 has a majority stake.
Financial Assets
Financial assets information not available.
Monthly wealth history
Fortune comparison
Historical data not available for comparison