John Paul DeJoria
Source of wealth: Hair products, tequila
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The scale of their wealth
Health
The price of life
Let's compare John Paul DeJoria's fortune with the healthcare spending of a massive country
John Paul DeJoria 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 Paul DeJoria 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 Paul DeJoria 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 Paul DeJoria 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 Paul DeJoria could fully fund the state research budget of Pakistan, the fifth most populous country in the world with over 260,000,000 inhabitants, for 5.1 years.
And of course, the country that invests the most per capita worldwide
But even if we compare the total wealth of John Paul DeJoria 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 Paul DeJoria'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 Paul DeJoria could buy 5,575,615 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 Paul DeJoria will almost certainly have enough money left over to pay for the gas.
Biography
John Paul DeJoria is the founder of tequila maker Patron Spirits Co. and cofounder of hair care company John Paul Mitchell Systems.
He slept in his car and sold shampoo door-to-door before he teamed up with Paul Mitchell in 1980 and turned $700 into John Paul Mitchell Systems.
In 1989 DeJoria and partner Martin Crowley acquired a stake in Patron, then sold it to Bacardi in 2018 in a $5.1 billion deal.
DeJoria launched a line of 3D cellphones under his ROK Stars brand in March 2019.
Since 2021, at least six companies under his ROKiT brand have filed for bankruptcy.
Financial Assets
Monthly wealth history
Fortune comparison
Historical data not available for comparison