Matthias Reinhart
Source of wealth: Financial services
...
...
The scale of their wealth
Health
The price of life
Let's compare Matthias Reinhart's fortune with the healthcare spending of a massive country
Matthias Reinhart could fund the entire healthcare system of DR Congo, with a population of over 105,800,000 people, for approximately 2.4 years.
But even if we compare their fortune with that of a rich country
On the other end, Matthias Reinhart could cover the healthcare spending of Luxembourg, considered the most heavily funded healthcare system in the world, for 1.1 years.
Education
Buying the future
Let's also compare their fortune with education spending, first with a poor country
Matthias Reinhart could cover the total cost of Nigeria's education system, the most populous country in Africa with over 243,000,000 inhabitants, for 1.6 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 Matthias Reinhart could pay for it entirely for 2.2 years.
Research
The monopoly on progress
Coming full circle, we think it's also interesting to add another gigantic country
Matthias Reinhart could fully fund the state research budget of Pakistan, the fifth most populous country in the world with over 260,000,000 inhabitants, for 9.1 years.
And of course, the country that invests the most per capita worldwide
But even if we compare the total wealth of Matthias Reinhart 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
Matthias Reinhart's fortune is equivalent to 37 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.
Matthias Reinhart could buy 9,869,092 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 2 trucks to transport them. Although Matthias Reinhart will almost certainly have enough money left over to pay for the gas.
Biography
Matthias Reinhart is chairman and majority shareholder of VZ Holding Ltd., a Swiss financial services company he took public in 2007.
After getting his MBA at University of St. Gallen, he worked at McKinsey & Co. in Zurich and Chicago before co-founding VZ in 1993.
VZ's key proposition: bringing transparency to a market that made it hard for customers to compare the prices and benefits of financial products.
The firm does not broker financial products; instead, customers pay a fee for advisory and portfolio-management services.
Financial Assets
Monthly wealth history
Fortune comparison
Historical data not available for comparison