Liang Zhaoxian
Source of wealth: Appliances
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The scale of their wealth
Health
The price of life
Let's compare Liang Zhaoxian's fortune with the healthcare spending of a massive country
Liang Zhaoxian 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, Liang Zhaoxian 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
Liang Zhaoxian 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 Liang Zhaoxian 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
Liang Zhaoxian 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 Liang Zhaoxian 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
Liang Zhaoxian'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.
Liang Zhaoxian could buy 8,282,081 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 Liang Zhaoxian will almost certainly have enough money left over to pay for the gas.
Biography
Liang Zhaoxian is president of Galanz Group, one of China's largest suppliers of microwave ovens, air conditioners and household appliances.
The company traces its roots to 1978 when it was founded as a feather product plant.
Privately held Galanz is headquartered in the southern Chinese city of Foshan.
Financial Assets
Monthly wealth history
Fortune comparison
Historical data not available for comparison