Lillian Teh Li Ming
Source of wealth: Banking
...
...
The scale of their wealth
Health
The price of life
Let's compare Lillian Teh Li Ming's fortune with the healthcare spending of a massive country
Lillian Teh Li Ming could fund the entire healthcare system of DR Congo, with a population of over 105,800,000 people, for approximately 0.9 years.
But even if we compare their fortune with that of a rich country
On the other end, Lillian Teh Li Ming 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
Lillian Teh Li Ming 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 Lillian Teh Li Ming could pay for it entirely for 0.8 years.
Research
The monopoly on progress
Coming full circle, we think it's also interesting to add another gigantic country
Lillian Teh Li Ming could fully fund the state research budget of Pakistan, the fifth most populous country in the world with over 260,000,000 inhabitants, for 3.3 years.
And of course, the country that invests the most per capita worldwide
But even if we compare the total wealth of Lillian Teh Li Ming 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
Lillian Teh Li Ming's fortune is equivalent to 14 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.
Lillian Teh Li Ming could buy 3,606,419 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 Lillian Teh Li Ming will almost certainly have enough money left over to pay for the gas.
Biography
Lilian Teh Li Ming is the daughter of late banker Teh Hong Piow, who chaired Malaysian banking behemoth Public Bank for several decades
Teh Hong Piow founded the bank in 1966. He died in December 2022 at age 92.
In addition to Malaysia, the bank serves millions of customers across Cambodia, China, Hong Kong, Sri Lanka and Vietnam.
Teh had a substantial minority stake in the bank as well as in the listed insurance business, LPI Capital.
Financial Assets
Monthly wealth history
Fortune comparison
Historical data not available for comparison