Mathias Doepfner
Source of wealth: Media
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The scale of their wealth
Health
The price of life
Let's compare Mathias Doepfner's fortune with the healthcare spending of a massive country
Mathias Doepfner could fund the entire healthcare system of DR Congo, with a population of over 105,800,000 people, for approximately 1.2 years.
But even if we compare their fortune with that of a rich country
On the other end, Mathias Doepfner could cover the healthcare spending of Luxembourg, considered the most heavily funded healthcare system in the world, for 0.5 years.
Education
Buying the future
Let's also compare their fortune with education spending, first with a poor country
Mathias Doepfner could cover the total cost of Nigeria's education system, the most populous country in Africa with over 243,000,000 inhabitants, for 0.8 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 Mathias Doepfner could pay for it entirely for 1.1 years.
Research
The monopoly on progress
Coming full circle, we think it's also interesting to add another gigantic country
Mathias Doepfner could fully fund the state research budget of Pakistan, the fifth most populous country in the world with over 260,000,000 inhabitants, for 4.6 years.
And of course, the country that invests the most per capita worldwide
But even if we compare the total wealth of Mathias Doepfner 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.
Gold
Everyday luxuries
Mathias Doepfner's fortune is equivalent to 19 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.
Mathias Doepfner could buy 5,042,671 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 Mathias Doepfner will almost certainly have enough money left over to pay for the gas.
Biography
Mathias Doepfner is chairman and CEO of German media giant Axel Springer, which is active in over 40 countries and employs more than 16,000 people.
Axel Springer hired him in 1988 as Editor-in-Chief of its newspaper Die Welt. He joined the company's executive board in 2000 and became CEO in 2002.
His success in building revenue from digital activities, from under $150 million to around $3 billion, helped earn the trust of controlling shareholder Friede Springer.
To ensure continuity, in 2020 Friede Springer gave him a 15% stake in Axel Springer and sold him an additional 4.1%. He was awarded additional stock and now owns nearly 22%.
Axel Springer went public in 1985. In 2020, it went private again in a KKR-funded buyout that valued the company at around $8 billion.
Financial Assets
Financial assets information not available.
Monthly wealth history
Fortune comparison
Historical data not available for comparison