Lin Chen-hai
Source of wealth: Real estate
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The scale of their wealth
Health
The price of life
Let's compare Lin Chen-hai's fortune with the healthcare spending of a massive country
Lin Chen-hai could fund the entire healthcare system of DR Congo, with a population of over 105,800,000 people, for approximately 1.9 years.
But even if we compare their fortune with that of a rich country
On the other end, Lin Chen-hai could cover the healthcare spending of Luxembourg, considered the most heavily funded healthcare system in the world, for 0.8 years.
Education
Buying the future
Let's also compare their fortune with education spending, first with a poor country
Lin Chen-hai could cover the total cost of Nigeria's education system, the most populous country in Africa with over 243,000,000 inhabitants, for 1.2 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 Lin Chen-hai could pay for it entirely for 1.7 years.
Research
The monopoly on progress
Coming full circle, we think it's also interesting to add another gigantic country
Lin Chen-hai could fully fund the state research budget of Pakistan, the fifth most populous country in the world with over 260,000,000 inhabitants, for 7.1 years.
And of course, the country that invests the most per capita worldwide
But even if we compare the total wealth of Lin Chen-hai 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
Lin Chen-hai's fortune is equivalent to 29 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.
Lin Chen-hai could buy 7,667,887 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 Lin Chen-hai will almost certainly have enough money left over to pay for the gas.
Biography
Lin Chen-hai built his fortune by developing affordable housing for Taiwan's middle class through his privately held Pau Jar Group.
An early foray overseas also landed Lin in the middle of another hot growth story - the real estate market in Australia.
In 2018, Lin swooped up stakes in China Bills Finance, Taishin and SinoPac, sending a shudder up the spine of Taiwan's sleepy financial establishment.
He also acquired stakes in the listed Far Eastern Department Stores and castings supplier Yeong Guan group.
In 2020, through his TSE Foundation, Lin established the Taipei School of Economics and Political Science at the National Tsing Hua University.
Financial Assets
Monthly wealth history
Fortune comparison
Historical data not available for comparison