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#952

Lynn Schusterman & family

Source of wealth: Oil & gas, investments

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 Lynn Schusterman & family's fortune with the healthcare spending of a massive country

Lynn Schusterman & family could fund the entire healthcare system of DR Congo, with a population of over 105,800,000 people, for approximately 2.0 years.

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

On the other end, Lynn Schusterman & family could cover the healthcare spending of Luxembourg, considered the most heavily funded healthcare system in the world, for 0.9 years.

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Education

Buying the future

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

Lynn Schusterman & family could cover the total cost of Nigeria's education system, the most populous country in Africa with over 243,000,000 inhabitants, for 1.3 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 Lynn Schusterman & family could pay for it entirely for 1.8 years.

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Research

The monopoly on progress

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

Lynn Schusterman & 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 7.5 years.

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

But even if we compare the total wealth of Lynn Schusterman & 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 0.2 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

Lynn Schusterman & family's fortune is equivalent to 31 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.

Lynn Schusterman & family could buy 8,135,260 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 Lynn Schusterman & family will almost certainly have enough money left over to pay for the gas.

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Biography

Lynn Schusterman's husband Charles Schusterman founded Samson Resources in 1971 and grew it until his death from leukemia in 2000.

Lynn and Charles' daughter Stacy became co-CEO of Samson Resources in 1999 and the sole CEO in 2005.

Under Stacy Schusterman's leadership, the family sold most of the company's assets to a KKR-led group for $7.2 billion in 2011.

Lynn Schusterman held onto some oil and gas assets, which are part of Samson Energy, chaired by her daughter Stacy.

Of the Samson proceeds, $2.3 billion went to Charles and Lynn Schusterman Family Philanthropies, which works to promote equity in the U.S. and strengthen the state of Israel.

Financial Assets

Financial assets information not available.

Monthly wealth history

Fortune comparison

Historical data not available for comparison

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