Lin Muqin & family
Source of wealth: Beverages
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The scale of their wealth
Health
The price of life
Let's compare Lin Muqin & family's fortune with the healthcare spending of a massive country
Lin Muqin & family could fund the entire healthcare system of DR Congo, with a population of over 105,800,000 people, for approximately 3.5 years.
But even if we compare their fortune with that of a rich country
On the other end, Lin Muqin & family could cover the healthcare spending of Luxembourg, considered the most heavily funded healthcare system in the world, for 1.6 years.
Education
Buying the future
Let's also compare their fortune with education spending, first with a poor country
Lin Muqin & family could cover the total cost of Nigeria's education system, the most populous country in Africa with over 243,000,000 inhabitants, for 2.3 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 Lin Muqin & family could pay for it entirely for 3.1 years.
Research
The monopoly on progress
Coming full circle, we think it's also interesting to add another gigantic country
Lin Muqin & 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 13.2 years.
And of course, the country that invests the most per capita worldwide
But even if we compare the total wealth of Lin Muqin & 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 0.3 years.
Gold
Everyday luxuries
Lin Muqin & family's fortune is equivalent to 54 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 Muqin & family could buy 14,346,074 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 3 trucks to transport them. Although Lin Muqin & family will almost certainly have enough money left over to pay for the gas.
Biography
Lin Muqin is the chairman and CEO of Shanghai-listed energy drinks maker Eastroc Beverage.
The mogul started out as a technician at a state-owned construction firm, and later found a job at a Shenzhen-based beverage company.
In 1997 he joined Eastroc, then a state-run beverage business, as its vice president. Lin reportedly scraped together more than 4 million yuan ($570,000) to acquire that firm in early 2000s.
The mogul soon focused on making energy drinks. He managed to build Eastroc into China's largest energy drinks maker by sales volume partly through offering products at cheaper prices.
Eastroc has diversified into other market segments including coffee and tea-based beverages.
Financial Assets
Monthly wealth history
Fortune comparison
Historical data not available for comparison