Judy Faulkner
Source of wealth: Healthcare software
...
...
The scale of their wealth
Health
The price of life
Let's compare Judy Faulkner's fortune with the healthcare spending of a massive country
Judy Faulkner could fund the entire healthcare system of DR Congo, with a population of over 105,800,000 people, for approximately 4.3 years.
But even if we compare their fortune with that of a rich country
On the other end, Judy Faulkner could cover the healthcare spending of Luxembourg, considered the most heavily funded healthcare system in the world, for 1.9 years.
Education
Buying the future
Let's also compare their fortune with education spending, first with a poor country
Judy Faulkner could cover the total cost of Nigeria's education system, the most populous country in Africa with over 243,000,000 inhabitants, for 2.8 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 Judy Faulkner could pay for it entirely for 3.9 years.
Research
The monopoly on progress
Coming full circle, we think it's also interesting to add another gigantic country
Judy Faulkner could fully fund the state research budget of Pakistan, the fifth most populous country in the world with over 260,000,000 inhabitants, for 16.2 years.
And of course, the country that invests the most per capita worldwide
But even if we compare the total wealth of Judy Faulkner 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.
Gold
Everyday luxuries
Judy Faulkner's fortune is equivalent to 66 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.
Judy Faulkner could buy 17,604,613 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 3 trucks to transport them. Although Judy Faulkner will almost certainly have enough money left over to pay for the gas.
Biography
Judy Faulkner founded medical-record software provider Epic Systems in a Wisconsin basement in 1979.
Faulkner, a computer programmer, is CEO of the $5.7 billion (2024 sales) company, of which she owns an estimated 43%.
Epic supports the medical records of over 250 million patients and is used by top medical centers such as Johns Hopkins and Mayo Clinic.
The company has never raised venture capital or made an acquisition, and develops all its software in-house.
Faulkner signed the Giving Pledge in 2015 and has agreed to eventually give 99% of her assets to a private charitable foundation.
In 2024 she told Forbes that she was regularly selling around $100 million of her Epic shares a year back to the company, with proceeds going to her charitable foundation, Roots & Wings.
Financial Assets
Financial assets information not available.
Monthly wealth history
Fortune comparison
Historical data not available for comparison