Josef Boquoi & family
Source of wealth: Frozen foods
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The scale of their wealth
Health
The price of life
Let's compare Josef Boquoi & family's fortune with the healthcare spending of a massive country
Josef Boquoi & family could fund the entire healthcare system of DR Congo, with a population of over 105,800,000 people, for approximately 0.6 years.
But even if we compare their fortune with that of a rich country
On the other end, Josef Boquoi & family 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
Josef Boquoi & family 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 Josef Boquoi & family could pay for it entirely for 0.5 years.
Research
The monopoly on progress
Coming full circle, we think it's also interesting to add another gigantic country
Josef Boquoi & family could fully fund the state research budget of Pakistan, the fifth most populous country in the world with over 260,000,000 inhabitants, for 2.3 years.
And of course, the country that invests the most per capita worldwide
But even if we compare the total wealth of Josef Boquoi & family 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
Josef Boquoi & family's fortune is equivalent to 9 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.
Josef Boquoi & family could buy 2,501,131 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 Josef Boquoi & family will almost certainly have enough money left over to pay for the gas.
Biography
Frozen-food king Josef Boquoi presides over bofrost, which has approximately 11,000 employees, four million customers and $1.4 billion in revenue.
He joined his father's small coffee- and grain-roasting firm in 1953, after receiving a business degree and completing an apprenticeship in Hamburg.
He founded bofrost in 1966, and its first refrigerated vans hit the streets of Germany in 1969.
He introduced new items and developed a business model based on freezing and packaging a variety of fresh food, and delivering direct to households.
Today, bofrost, based in Straelen, offers upwards of 1,000 different foods in Europe, delivered by a fleet of 5,500 sales vehicles.
Financial Assets
Financial assets information not available.
Monthly wealth history
Fortune comparison
Historical data not available for comparison