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#2157

Luiz Frias

Source of wealth: Media

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 Luiz Frias's fortune with the healthcare spending of a massive country

Luiz Frias 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, Luiz Frias could cover the healthcare spending of Luxembourg, considered the most heavily funded healthcare system in the world, for 0.4 years.

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Education

Buying the future

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

Luiz Frias 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 Luiz Frias could pay for it entirely for 0.8 years.

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Research

The monopoly on progress

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

Luiz Frias 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 Luiz Frias 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

Luiz Frias's fortune is equivalent to 13 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.

Luiz Frias could buy 3,539,242 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 Luiz Frias will almost certainly have enough money left over to pay for the gas.

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Biography

Luiz Frias is chairman of PagSeguro Digital, a payments company that went public on the New York Stock Exchange in 2018, raising over $2 billion.

Frias' late father acquired one of Brazil's most popular daily newspapers in the 1960s, today known as Folha de S. Paulo.

Group Folha became one of Brazil's largest media conglomerates; Frias joined in 1981, was appointed CEO in 1989 and chairman in 1991.

In 1996, Frias founded UOL, a pioneering Brazilian Internet company, and one of the most visited websites in the country.

PagSeguro Digital is a subsidiary of UOL.

Financial Assets

Exchange
NYSE
Ticker
PAGS-US
Company
PagSeguro

Monthly wealth history

Fortune comparison

Historical data not available for comparison

Modules

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