Lam Wai-ying
Source of wealth: Smartphone screens
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The scale of their wealth
Health
The price of life
Let's compare Lam Wai-ying's fortune with the healthcare spending of a massive country
Lam Wai-ying could fund the entire healthcare system of DR Congo, with a population of over 105,800,000 people, for approximately 1.9 years.
But even if we compare their fortune with that of a rich country
On the other end, Lam Wai-ying could cover the healthcare spending of Luxembourg, considered the most heavily funded healthcare system in the world, for 0.8 years.
Education
Buying the future
Let's also compare their fortune with education spending, first with a poor country
Lam Wai-ying could cover the total cost of Nigeria's education system, the most populous country in Africa with over 243,000,000 inhabitants, for 1.2 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 Lam Wai-ying could pay for it entirely for 1.7 years.
Research
The monopoly on progress
Coming full circle, we think it's also interesting to add another gigantic country
Lam Wai-ying could fully fund the state research budget of Pakistan, the fifth most populous country in the world with over 260,000,000 inhabitants, for 7.0 years.
And of course, the country that invests the most per capita worldwide
But even if we compare the total wealth of Lam Wai-ying 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 0.2 years.
Gold
Everyday luxuries
Lam Wai-ying's fortune is equivalent to 28 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.
Lam Wai-ying could buy 7,569,325 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 Lam Wai-ying will almost certainly have enough money left over to pay for the gas.
Biography
Lam and her husband Yeung Kin-man own Hong Kong's Biel Crystal, which makes screens for smartphones.
Lam, Biel's chairman, owns 49% of the business; Yeung holds 51%.
Biel is the largest supplier of glass screens for cell phones, tablets and watches to Apple and employs 90,000 people around the world.
While weakening iPhone demand may affect shipments to Apple, they also supply to Samsung and Sony and have stated they expect stable revenue.
Since 2021 Biel has filed twice for a Hong Kong IPO but it never materialized.
Financial Assets
Financial assets information not available.
Monthly wealth history
Fortune comparison
Historical data not available for comparison