Laurence Graff & family
Source of wealth: Diamond jewelry
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The scale of their wealth
Health
The price of life
Let's compare Laurence Graff & family's fortune with the healthcare spending of a massive country
Laurence Graff & family could fund the entire healthcare system of DR Congo, with a population of over 105,800,000 people, for approximately 2.0 years.
But even if we compare their fortune with that of a rich country
On the other end, Laurence Graff & family could cover the healthcare spending of Luxembourg, considered the most heavily funded healthcare system in the world, for 0.9 years.
Education
Buying the future
Let's also compare their fortune with education spending, first with a poor country
Laurence Graff & family could cover the total cost of Nigeria's education system, the most populous country in Africa with over 243,000,000 inhabitants, for 1.3 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 Laurence Graff & family could pay for it entirely for 1.8 years.
Research
The monopoly on progress
Coming full circle, we think it's also interesting to add another gigantic country
Laurence Graff & family could fully fund the state research budget of Pakistan, the fifth most populous country in the world with over 260,000,000 inhabitants, for 7.6 years.
And of course, the country that invests the most per capita worldwide
But even if we compare the total wealth of Laurence Graff & family 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
Laurence Graff & family's fortune is equivalent to 31 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.
Laurence Graff & family could buy 8,281,878 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 Laurence Graff & family will almost certainly have enough money left over to pay for the gas.
Biography
Graff Diamonds International chairman Laurence Graff operates at the top of the diamond jewelry market, with more than 60 retail stores worldwide.
Graff clients have included Donald Trump, Oprah Winfrey, Larry Ellison, Elizabeth Taylor and the Sultan of Brunei.
He built his business from nothing, after dropping out of school at 14 and scrubbing toilets as a jeweler's apprentice in London's Hatton Garden.
He owns a polished diamond trading firm in Switzerland, real estate in London's Mayfair district and a stake in a S. African diamond wholesaler.
He also owns Delaire Graff Estate, a vineyard and winery with a boutique hotel and restaurant in Stellenbosch, the Napa Valley of South Africa.
Financial Assets
Financial assets information not available.
Monthly wealth history
Fortune comparison
Historical data not available for comparison