Marc Ladreit de Lacharriere
Source of wealth: Finance
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The scale of their wealth
Health
The price of life
Let's compare Marc Ladreit de Lacharriere's fortune with the healthcare spending of a massive country
Marc Ladreit de Lacharriere could fund the entire healthcare system of DR Congo, with a population of over 105,800,000 people, for approximately 2.1 years.
But even if we compare their fortune with that of a rich country
On the other end, Marc Ladreit de Lacharriere could cover the healthcare spending of Luxembourg, considered the most heavily funded healthcare system in the world, for 0.9 years.
Education
Buying the future
Let's also compare their fortune with education spending, first with a poor country
Marc Ladreit de Lacharriere 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 Marc Ladreit de Lacharriere could pay for it entirely for 1.8 years.
Research
The monopoly on progress
Coming full circle, we think it's also interesting to add another gigantic country
Marc Ladreit de Lacharriere could fully fund the state research budget of Pakistan, the fifth most populous country in the world with over 260,000,000 inhabitants, for 7.7 years.
And of course, the country that invests the most per capita worldwide
But even if we compare the total wealth of Marc Ladreit de Lacharriere 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
Marc Ladreit de Lacharriere'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.
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.
Marc Ladreit de Lacharriere could buy 8,349,863 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 Marc Ladreit de Lacharriere will almost certainly have enough money left over to pay for the gas.
Biography
Marc Ladreit de Lacharriere is chief executive and chairman of Fimalac, an investment group primarily focused on digital media and real estate.
Ladreit de Lacharriere purchased all of Fimalac's shares and took the company private in July 2017.
He founded Fimalac in 1991 and bought a stake in Fitch Ratings in 1998.
Fimalac sold 30% of Fitch Ratings to media firm Hearst for $1.97 billion at the beginning of 2015, bringing Hearst's stake to 80%.
It sold Hearst its remaining 20% stake in Fitch for $2.8 billion in 2018; the firm now operates live entertainment shows and venues.
Financial Assets
Financial assets information not available.
Monthly wealth history
Fortune comparison
Historical data not available for comparison