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#1156

Louis Le Duff

Source of wealth: Bakeries

Net Worth

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Earnings per second

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The scale of their wealth

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Health

The price of life

Let's compare Louis Le Duff's fortune with the healthcare spending of a massive country

Louis Le Duff could fund the entire healthcare system of DR Congo, with a population of over 105,800,000 people, for approximately 1.7 years.

But even if we compare their fortune with that of a rich country

On the other end, Louis Le Duff could cover the healthcare spending of Luxembourg, considered the most heavily funded healthcare system in the world, for 0.7 years.

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Education

Buying the future

Let's also compare their fortune with education spending, first with a poor country

Louis Le Duff could cover the total cost of Nigeria's education system, the most populous country in Africa with over 243,000,000 inhabitants, for 1.1 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 Louis Le Duff could pay for it entirely for 1.5 years.

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Research

The monopoly on progress

Coming full circle, we think it's also interesting to add another gigantic country

Louis Le Duff could fully fund the state research budget of Pakistan, the fifth most populous country in the world with over 260,000,000 inhabitants, for 6.2 years.

And of course, the country that invests the most per capita worldwide

But even if we compare the total wealth of Louis Le Duff 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.

While billions of people struggle to access basic healthcare, education, and research, a single individual could fund entire national systems for centuries.

Gold

Everyday luxuries

Gold bar

Louis Le Duff's fortune is equivalent to 25 tons of gold. It's hard to process, since we don't usually keep a handful of gold bars in our piggy banks.

Gold rings

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.

Louis Le Duff could buy 6,786,923 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 Louis Le Duff will almost certainly have enough money left over to pay for the gas.

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Biography

Louis Le Duff got his start when he opened a combined restaurant-bakery in a Quebec ski resort while studying abroad for his MBA.

In 1976, he took the concept back to France and opened the first Brioche Dorée bakery in Brittany with just $2,000.

Groupe Le Duff now operates more than 1,000 bakery and restaurant locations, including La Madeleine French eateries chain in the U.S. and Del Arte in France.

The company's biggest business is Bridor, which produces high-quality breads and pastries for hotels, restaurants and catering services in more than 100 countries.

Le Duff also owns frozen food maker Gourming, and he owned the Bruegger's Bagels chain from 2011 until 2017, when he sold it to Caribou Coffee Company. 

Financial Assets

Financial assets information not available.

Monthly wealth history

Fortune comparison

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