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Kelcy Warren
#432

Kelcy Warren

Source of wealth: Pipelines

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 Kelcy Warren's fortune with the healthcare spending of a massive country

Kelcy Warren could fund the entire healthcare system of DR Congo, with a population of over 105,800,000 people, for approximately 3.7 years.

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

On the other end, Kelcy Warren could cover the healthcare spending of Luxembourg, considered the most heavily funded healthcare system in the world, for 1.6 years.

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Education

Buying the future

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

Kelcy Warren could cover the total cost of Nigeria's education system, the most populous country in Africa with over 243,000,000 inhabitants, for 2.4 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 Kelcy Warren could pay for it entirely for 3.3 years.

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Research

The monopoly on progress

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

Kelcy Warren could fully fund the state research budget of Pakistan, the fifth most populous country in the world with over 260,000,000 inhabitants, for 13.8 years.

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

But even if we compare the total wealth of Kelcy Warren 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 0.3 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

Gold bar

Kelcy Warren's fortune is equivalent to 56 tons of gold. It's hard to process, since we don't usually keep a handful of gold bars in our piggy banks.

Gold rings

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.

Kelcy Warren could buy 15,031,946 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 Kelcy Warren will almost certainly have enough money left over to pay for the gas.

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Biography

Kelcy Warren cofounded pipeline company Energy Transfer in 1996.

Warren, who launched the company with fellow billionaire Ray Davis, stepped down as CEO in 2020 but remains executive chairman.

Energy Transfer is one of the largest energy companies in the U.S., operating about 130,000 miles of pipeline for oil and natural gas.

In 2017, despite protests, Energy Transfer finished building the $3.8 billion Dakota Access Pipeline after an executive order by President Donald Trump.

Warren began his career in energy sweeping out warehouses for Sun Oil, where his father was a supply clerk.

Financial Assets

Exchange
NYSE
Ticker
ET-US
Company
Energy Transfer Equity L.P.

Monthly wealth history

Fortune comparison

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