Juan Abello
Source of wealth: Investments
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The scale of their wealth
Health
The price of life
Let's compare Juan Abello's fortune with the healthcare spending of a massive country
Juan Abello could fund the entire healthcare system of DR Congo, with a population of over 105,800,000 people, for approximately 1.6 years.
But even if we compare their fortune with that of a rich country
On the other end, Juan Abello could cover the healthcare spending of Luxembourg, considered the most heavily funded healthcare system in the world, for 0.7 years.
Education
Buying the future
Let's also compare their fortune with education spending, first with a poor country
Juan Abello could cover the total cost of Nigeria's education system, the most populous country in Africa with over 243,000,000 inhabitants, for 1.0 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 Juan Abello could pay for it entirely for 1.4 years.
Research
The monopoly on progress
Coming full circle, we think it's also interesting to add another gigantic country
Juan Abello could fully fund the state research budget of Pakistan, the fifth most populous country in the world with over 260,000,000 inhabitants, for 6.0 years.
And of course, the country that invests the most per capita worldwide
But even if we compare the total wealth of Juan Abello 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
Juan Abello's fortune is equivalent to 24 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.
Juan Abello could buy 6,484,789 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 Juan Abello will almost certainly have enough money left over to pay for the gas.
Biography
Juan Abelló's fortune is derived from Torreal, a family-owned global investment firm, which he founded after selling off his family's pharmaceutical assets in the early 1980s.
Established in 1990, Torreal invests broadly across sectors and regions and owns stakes in both public and private companies.
In 2020, Miguel Abelló, Juan's son, was appointed as the executive president of Torreal, while Juan Abelló assumed the role of honorary president.
Abelló has an extensive art collection which includes about 800 works, including those by Rembrandt, Goya, Picasso and Francis Bacon.
Financial Assets
Monthly wealth history
Fortune comparison
Historical data not available for comparison