#297

Josh Harris

Source of wealth: Private equity

61 years male Finance & Investments 🇺🇸 US

Net Worth

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Earnings per second

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The scale of their wealth

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Health

The price of life

Let's compare Josh Harris's fortune with the healthcare spending of a massive country

Josh Harris could fund the entire healthcare system of DR Congo, with a population of over 105,800,000 people, for approximately 5.0 years.

But even if we compare their fortune with that of a rich country

On the other end, Josh Harris could cover the healthcare spending of Luxembourg, considered the most heavily funded healthcare system in the world, for 2.2 years.

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Education

Buying the future

Let's also compare their fortune with education spending, first with a poor country

Josh Harris could cover the total cost of Nigeria's education system, the most populous country in Africa with over 243,000,000 inhabitants, for 3.2 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 Josh Harris could pay for it entirely for 4.4 years.

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Research

The monopoly on progress

Coming full circle, we think it's also interesting to add another gigantic country

Josh Harris could fully fund the state research budget of Pakistan, the fifth most populous country in the world with over 260,000,000 inhabitants, for 18.5 years.

And of course, the country that invests the most per capita worldwide

But even if we compare the total wealth of Josh Harris 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 0.4 years.

While billions of people struggle to access basic healthcare, education, and research, a single individual could fund entire national systems for centuries.

Gold

Everyday luxuries

Josh Harris's fortune is equivalent to 76 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.

Josh Harris could buy 20,141,099 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 4 trucks to transport them. Although Josh Harris will almost certainly have enough money left over to pay for the gas.

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Biography

Josh Harris cofounded alternative investment firm Apollo Global Management in 1990 with fellow billionaires Leon Black and Marc Rowan.

The trio met at investment bank Drexel Burnham Lambert, and struck out on their own after the troubled firm filed for bankruptcy.

After stepping down from Apollo in 2022, Harris founded 26North, another investment firm which now has $28 billion in assets under management.

Harris led a group that bought the NFL's Washington Commanders for $6.05 billion in 2023 and serves as the team's managing partner.

He and David Blitzer also founded Harris Bltizer Sports & Entertainment, which owns the Philadelphia 76ers, New Jersey Devils and other sports assets.