Jose Ermirio de Moraes Neto
Source of wealth: Diversified
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The scale of their wealth
Health
The price of life
Let's compare Jose Ermirio de Moraes Neto's fortune with the healthcare spending of a massive country
Jose Ermirio de Moraes Neto could fund the entire healthcare system of DR Congo, with a population of over 105,800,000 people, for approximately 0.7 years.
But even if we compare their fortune with that of a rich country
On the other end, Jose Ermirio de Moraes Neto could cover the healthcare spending of Luxembourg, considered the most heavily funded healthcare system in the world, for 0.3 years.
Education
Buying the future
Let's also compare their fortune with education spending, first with a poor country
Jose Ermirio de Moraes Neto could cover the total cost of Nigeria's education system, the most populous country in Africa with over 243,000,000 inhabitants, for 0.4 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 Jose Ermirio de Moraes Neto could pay for it entirely for 0.6 years.
Research
The monopoly on progress
Coming full circle, we think it's also interesting to add another gigantic country
Jose Ermirio de Moraes Neto could fully fund the state research budget of Pakistan, the fifth most populous country in the world with over 260,000,000 inhabitants, for 2.4 years.
And of course, the country that invests the most per capita worldwide
But even if we compare the total wealth of Jose Ermirio de Moraes Neto 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
Jose Ermirio de Moraes Neto's fortune is equivalent to 10 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.
Jose Ermirio de Moraes Neto could buy 2,645,531 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 0 trucks to transport them. Although Jose Ermirio de Moraes Neto will almost certainly have enough money left over to pay for the gas.
Biography
Jose Ermirio de Moraes Neto is an heir to Grupo Votorantim, a Brazilian family-owned industrial conglomerate.
His grandfather and namesake, Jose Ermirio de Moraes, founded Grupo Votorantim in 1918.
The company does business in more than 20 countries in the aluminum, pulp and paper, energy, banking and cement industries.
Jose Ermirio inherited an 8% stake in the company after his father, Jose Ermirio de Moraes Filho, died in 2001.
He previously appeared on Forbes' billionaires list in 2014; his siblings Jose Roberto Ermirio de Moraes and Neide Helena de Moraes also inherited stakes.
Financial Assets
Financial assets information not available.
Monthly wealth history
Fortune comparison
Historical data not available for comparison