Jorge Perez
Source of wealth: Real estate
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The scale of their wealth
Health
The price of life
Let's compare Jorge Perez's fortune with the healthcare spending of a massive country
Jorge Perez could fund the entire healthcare system of DR Congo, with a population of over 105,800,000 people, for approximately 1.2 years.
But even if we compare their fortune with that of a rich country
On the other end, Jorge Perez 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
Jorge Perez could cover the total cost of Nigeria's education system, the most populous country in Africa with over 243,000,000 inhabitants, for 0.8 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 Jorge Perez could pay for it entirely for 1.1 years.
Research
The monopoly on progress
Coming full circle, we think it's also interesting to add another gigantic country
Jorge Perez could fully fund the state research budget of Pakistan, the fifth most populous country in the world with over 260,000,000 inhabitants, for 4.4 years.
And of course, the country that invests the most per capita worldwide
But even if we compare the total wealth of Jorge Perez 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
Jorge Perez's fortune is equivalent to 18 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.
Jorge Perez could buy 4,830,750 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 Jorge Perez will almost certainly have enough money left over to pay for the gas.
Biography
Jorge Perez runs Miami-based real estate developer Related Group, which claims to have developed more than 100,000 condos and apartments since it was founded in 1979.
As a young urban planner, Perez met developer Stephen Ross, which led to a partnership. Ross' Related Companies held a 25% stake until 2022, when Perez bought it out.
They built affordable housing in the 1980s, then expanded to market-rate rental apartments and high-end condo construction in the 1990s.
Perez has started diversifying where he develops, branching out elsewhere in Florida as well as in Arizona, Georgia and North Carolina plus Brazil and Mexico.
Financial Assets
Financial assets information not available.
Monthly wealth history
Fortune comparison
Historical data not available for comparison