Luciano Benetton
Source of wealth: Fashion retail, investments
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The scale of their wealth
Health
The price of life
Let's compare Luciano Benetton's fortune with the healthcare spending of a massive country
Luciano Benetton could fund the entire healthcare system of DR Congo, with a population of over 105,800,000 people, for approximately 1.8 years.
But even if we compare their fortune with that of a rich country
On the other end, Luciano Benetton 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
Luciano Benetton 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 Luciano Benetton could pay for it entirely for 1.6 years.
Research
The monopoly on progress
Coming full circle, we think it's also interesting to add another gigantic country
Luciano Benetton could fully fund the state research budget of Pakistan, the fifth most populous country in the world with over 260,000,000 inhabitants, for 6.9 years.
And of course, the country that invests the most per capita worldwide
But even if we compare the total wealth of Luciano Benetton 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
Luciano Benetton's fortune is equivalent to 28 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.
Luciano Benetton could buy 7,480,282 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 Luciano Benetton will almost certainly have enough money left over to pay for the gas.
Biography
Luciano Benetton started the Benetton Group in 1965 with his three siblings, Carlo (d.2018), Gilberto (d.2018) and Giuliana.
Known for their colorful sweaters, Benetton won over parts of the world, opening its first store in Paris in 1969 and reaching New York in 1980.
In 2018, 12 years after leaving and allowing outside managers to take on greater roles, Luciano returned to help turn the company around.
The family has invested in Italian businesses including Mundys, a highway infrastructure company that accounts for more than half their fortune.
Financial Assets
Monthly wealth history
Fortune comparison
Historical data not available for comparison