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#480

Maria Fernanda Amorim & family

Source of wealth: Energy, 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 Maria Fernanda Amorim & family's fortune with the healthcare spending of a massive country

Maria Fernanda Amorim & family could fund the entire healthcare system of DR Congo, with a population of over 105,800,000 people, for approximately 3.5 years.

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

On the other end, Maria Fernanda Amorim & family could cover the healthcare spending of Luxembourg, considered the most heavily funded healthcare system in the world, for 1.5 years.

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Education

Buying the future

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

Maria Fernanda Amorim & family could cover the total cost of Nigeria's education system, the most populous country in Africa with over 243,000,000 inhabitants, for 2.3 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 Maria Fernanda Amorim & family could pay for it entirely for 3.1 years.

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Research

The monopoly on progress

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

Maria Fernanda Amorim & 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 13.0 years.

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

But even if we compare the total wealth of Maria Fernanda Amorim & 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 0.3 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

Maria Fernanda Amorim & family's fortune is equivalent to 53 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.

Maria Fernanda Amorim & family could buy 14,139,680 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 3 trucks to transport them. Although Maria Fernanda Amorim & family will almost certainly have enough money left over to pay for the gas.

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Biography

Maria Fernanda Amorim is the widow of Americo Amorim, who died in 2017. She and her three daughters inherited his fortune.

Americo Amorim spent six decades in his family's cork business, Corticeira Amorim, and invested in an energy company and banks in several countries.

His grandfather started Corticeira Amorim in 1870; the company has dominated the cork industry ever since.

Amorim's biggest asset is an approximate 20% stake in Portuguese oil and gas company Galp Energia, which is chaired by her eldest daughter Paula.

Financial Assets

Exchange
EURONEXT LISBON
Ticker
COR-PT
Company
Corticeira Amorim
Exchange
EURONEXT LISBON
Ticker
GALP-PT
Company
Galp Energia

Monthly wealth history

Fortune comparison

Historical data not available for comparison

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