Michael Dunlap & family
Source of wealth: loan servicing
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The scale of their wealth
Health
The price of life
Let's compare Michael Dunlap & family's fortune with the healthcare spending of a massive country
Michael Dunlap & family could fund the entire healthcare system of DR Congo, with a population of over 105,800,000 people, for approximately 0.5 years.
But even if we compare their fortune with that of a rich country
On the other end, Michael Dunlap & family could cover the healthcare spending of Luxembourg, considered the most heavily funded healthcare system in the world, for 0.2 years.
Education
Buying the future
Let's also compare their fortune with education spending, first with a poor country
Michael Dunlap & family could cover the total cost of Nigeria's education system, the most populous country in Africa with over 243,000,000 inhabitants, for 0.3 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 Michael Dunlap & family could pay for it entirely for 0.5 years.
Research
The monopoly on progress
Coming full circle, we think it's also interesting to add another gigantic country
Michael Dunlap & 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 1.9 years.
And of course, the country that invests the most per capita worldwide
But even if we compare the total wealth of Michael Dunlap & 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 0.0 years.
Gold
Everyday luxuries
Michael Dunlap & family's fortune is equivalent to 8 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.
Michael Dunlap & family could buy 2,085,307 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 0 trucks to transport them. Although Michael Dunlap & family will almost certainly have enough money left over to pay for the gas.
Biography
Michael Dunlap is the cofounder and executive chairman of Nelnet, a loan servicing and payment processing company based in Lincoln, Nebraska
He started the company in the late 1990s with Stephen Butterfield (d. 2018). The two took the company public in 2003.
Michael's son Matthew is the chief business development officer and serves on the board.
His nephew Jason Muhleisen is the president and CEO of Lincoln's Union Bank & Trust, owned by the Dunlap family.
A graduate of the University of Nebraska-Lincoln, Dunlap serves on the board of the Raikes School of Computer Science and Management.
Financial Assets
Monthly wealth history
Fortune comparison
Historical data not available for comparison