Lauren Leichtman
Source of wealth: Private equity
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The scale of their wealth
Health
The price of life
Let's compare Lauren Leichtman's fortune with the healthcare spending of a massive country
Lauren Leichtman could fund the entire healthcare system of DR Congo, with a population of over 105,800,000 people, for approximately 0.6 years.
But even if we compare their fortune with that of a rich country
On the other end, Lauren Leichtman could cover the healthcare spending of Luxembourg, considered the most heavily funded healthcare system in the world, for 0.3 years.
Education
Buying the future
Let's also compare their fortune with education spending, first with a poor country
Lauren Leichtman could cover the total cost of Nigeria's education system, the most populous country in Africa with over 243,000,000 inhabitants, for 0.4 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 Lauren Leichtman could pay for it entirely for 0.5 years.
Research
The monopoly on progress
Coming full circle, we think it's also interesting to add another gigantic country
Lauren Leichtman could fully fund the state research budget of Pakistan, the fifth most populous country in the world with over 260,000,000 inhabitants, for 2.1 years.
And of course, the country that invests the most per capita worldwide
But even if we compare the total wealth of Lauren Leichtman 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 0.0 years.
Gold
Everyday luxuries
Lauren Leichtman's fortune is equivalent to 9 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.
Lauren Leichtman could buy 2,298,591 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 0 trucks to transport them. Although Lauren Leichtman will almost certainly have enough money left over to pay for the gas.
Biography
Lauren Leichtman cofounded the buyout firm Levine Leichtman Capital Partners with her husband Arthur Levine in 1984, five years after the couple got married.
LLCP has managed $16.4 billion of institutional capital across 15 funds since inception, and currently manages $11 billion in assets.
The firm's target sectors include business services, franchising, education and training, and engineered products and manufacturing.
Successful exits have included Tropical Smoothie Cafe, Wetzel's Pretzels and Nothing Bundt Cakes.
Prior to entering private equity, Leichtman worked as a lawyer, including with the enforcement division of the U.S. Securities and Exchange Commission.
As a couple, Leichtman and Levine share a fortune worth an estimated $2.6 billion.
Financial Assets
Financial assets information not available.
Monthly wealth history
Fortune comparison
Historical data not available for comparison