Laurie Tisch
Source of wealth: Loews, New York Giants
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The scale of their wealth
Health
The price of life
Let's compare Laurie Tisch's fortune with the healthcare spending of a massive country
Laurie Tisch could fund the entire healthcare system of DR Congo, with a population of over 105,800,000 people, for approximately 1.0 years.
But even if we compare their fortune with that of a rich country
On the other end, Laurie Tisch could cover the healthcare spending of Luxembourg, considered the most heavily funded healthcare system in the world, for 0.4 years.
Education
Buying the future
Let's also compare their fortune with education spending, first with a poor country
Laurie Tisch could cover the total cost of Nigeria's education system, the most populous country in Africa with over 243,000,000 inhabitants, for 0.6 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 Laurie Tisch could pay for it entirely for 0.9 years.
Research
The monopoly on progress
Coming full circle, we think it's also interesting to add another gigantic country
Laurie Tisch could fully fund the state research budget of Pakistan, the fifth most populous country in the world with over 260,000,000 inhabitants, for 3.7 years.
And of course, the country that invests the most per capita worldwide
But even if we compare the total wealth of Laurie Tisch 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 0.1 years.
Gold
Everyday luxuries
Laurie Tisch's fortune is equivalent to 15 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 $549.34.
Laurie Tisch could buy 3,993,801 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 Laurie Tisch will almost certainly have enough money left over to pay for the gas.
Biography
Laurie Tisch's late father Bob (d. 2005) started Loews Corporation with his brother Laurence (d. 2003) as a New Jersey hotel venture in 1946.
Today, Loews is active in insurance, drilling rigs, natural gas pipelines, and hotels.
Laurie's mother Joan Tisch (d. 2017) was the largest individual Loews shareholder with a 6% stake. Laurie and her two siblings inherited her mother's stake.
In 1991, her father Bob bought a 50% stake in the New York Giants for $75 million.
Laurie's brother Steve Tisch is chairman and executive vice president of the NFL team, which FORBES values at $6.3 billion (net of debt).
Financial Assets
Monthly wealth history
Fortune comparison
Historical data not available for comparison