Jose Joao Abdalla Filho
Source of wealth: Investments
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The scale of their wealth
Health
The price of life
Let's compare Jose Joao Abdalla Filho's fortune with the healthcare spending of a massive country
Jose Joao Abdalla Filho could fund the entire healthcare system of DR Congo, with a population of over 105,800,000 people, for approximately 2.0 years.
But even if we compare their fortune with that of a rich country
On the other end, Jose Joao Abdalla Filho could cover the healthcare spending of Luxembourg, considered the most heavily funded healthcare system in the world, for 0.9 years.
Education
Buying the future
Let's also compare their fortune with education spending, first with a poor country
Jose Joao Abdalla Filho could cover the total cost of Nigeria's education system, the most populous country in Africa with over 243,000,000 inhabitants, for 1.3 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 Joao Abdalla Filho could pay for it entirely for 1.8 years.
Research
The monopoly on progress
Coming full circle, we think it's also interesting to add another gigantic country
Jose Joao Abdalla Filho could fully fund the state research budget of Pakistan, the fifth most populous country in the world with over 260,000,000 inhabitants, for 7.5 years.
And of course, the country that invests the most per capita worldwide
But even if we compare the total wealth of Jose Joao Abdalla Filho 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 0.2 years.
Gold
Everyday luxuries
Jose Joao Abdalla Filho's fortune is equivalent to 30 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 Joao Abdalla Filho could buy 8,095,165 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 Jose Joao Abdalla Filho will almost certainly have enough money left over to pay for the gas.
Biography
Jose Joao Abdalla Filho is the son of J. J. Abdalla, a Brazilian entrepreneur and politician who built a real estate and textile company.
In the 1950s, the group his father led became one the largest manufacturers of cement in the country, employing over 40,000 people.
Abdalla Filho used the money he inherited to open Banco Classico, which owns stakes in a number of Brazilian companies.
His Banco Classico owns 5% of Eletrobras, Brazil's largest electric utility, and almost 7% of Cemig, an energy giant that owns over 200 companies.
Financial Assets
Monthly wealth history
Fortune comparison
Historical data not available for comparison