John Elkann
Source of wealth: FIAT, investments
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The scale of their wealth
Health
The price of life
Let's compare John Elkann's fortune with the healthcare spending of a massive country
John Elkann could fund the entire healthcare system of DR Congo, with a population of over 105,800,000 people, for approximately 1.1 years.
But even if we compare their fortune with that of a rich country
On the other end, John Elkann could cover the healthcare spending of Luxembourg, considered the most heavily funded healthcare system in the world, for 0.5 years.
Education
Buying the future
Let's also compare their fortune with education spending, first with a poor country
John Elkann could cover the total cost of Nigeria's education system, the most populous country in Africa with over 243,000,000 inhabitants, for 0.7 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 Elkann could pay for it entirely for 1.0 years.
Research
The monopoly on progress
Coming full circle, we think it's also interesting to add another gigantic country
John Elkann could fully fund the state research budget of Pakistan, the fifth most populous country in the world with over 260,000,000 inhabitants, for 4.2 years.
And of course, the country that invests the most per capita worldwide
But even if we compare the total wealth of John Elkann 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 Elkann's fortune is equivalent to 17 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 Elkann could buy 4,572,646 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 Elkann will almost certainly have enough money left over to pay for the gas.
Biography
John Elkann is the chairman and CEO of Exor, the holding company of Italy's Agnelli family, which owns stakes in Ferrari, the Economist magazine and Italian automaker Fiat.
Elkann took the leadership role in the family and at Fiat in 2004, one year after the death of his grandfather and family patriarch Gianni Agnelli.
He oversaw deals including FIAT's 2009 acquisition of a stake in Chrysler and its merger with Peugeot in January 2021 to form Stellantis.
Exor's portfolio includes Italian football team Juventus and media organizations including the Economist and several leading Italian newspapers.
The family dynasty began in 1899 when Giovanni Agnelli, John's great-great-grandfather, founded FIAT in the northern Italian city of Turin.
Financial Assets
Monthly wealth history
Fortune comparison
Historical data not available for comparison