Martin Viessmann

Source of wealth: Heating and cooling equipment

72 years male Manufacturing 🇩🇪 DE

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 Martin Viessmann's fortune with the healthcare spending of a massive country

Martin Viessmann could fund the entire healthcare system of DR Congo, with a population of over 105,800,000 people, for approximately 1.3 years.

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

On the other end, Martin Viessmann could cover the healthcare spending of Luxembourg, considered the most heavily funded healthcare system in the world, for 0.6 years.

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Education

Buying the future

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

Martin Viessmann could cover the total cost of Nigeria's education system, the most populous country in Africa with over 243,000,000 inhabitants, for 0.9 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 Martin Viessmann could pay for it entirely for 1.2 years.

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Research

The monopoly on progress

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

Martin Viessmann could fully fund the state research budget of Pakistan, the fifth most populous country in the world with over 260,000,000 inhabitants, for 5.0 years.

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

But even if we compare the total wealth of Martin Viessmann 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

Martin Viessmann's fortune is equivalent to 21 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.

Martin Viessmann could buy 5,474,471 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 Martin Viessmann will almost certainly have enough money left over to pay for the gas.

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Biography

Martin Viessmann is chairman of the executive board of Viessmann Generations Group, a family-owned investment company with the self-stated goal of "co-creating living spaces for future generations."

He is the grandson of founder Johann Viessmann. The private company has 12,000 employees and 23 production divisions in 12 countries.

Martin envisions a world where CO2 emissions are reduced by 80% and the consumption of fossil energy by two-thirds.

In 2012, the firm received the Energy Globe Award for Sustainability in the "Air" category. In 2013, Martin was named Greentech Manager of the Year.

Martin's son, Maximilian, is the company's co-CEO. His daughter, Anna Katharina, is a non-executive member of the board of the family holding company.