Michael Rees

Source of wealth: Private equity

51 years male Finance & Investments 🇺🇸 US

Net Worth

...

Earnings per second

...

The scale of their wealth

🏥

Health

The price of life

Let's compare Michael Rees's fortune with the healthcare spending of a massive country

Michael Rees 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 Rees 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 Rees 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 Rees 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 Rees 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 Rees 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.

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

Michael Rees'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 Rees could buy 2,096,922 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 Rees will almost certainly have enough money left over to pay for the gas.

Biography

Michael Rees is cofounder and co-president of Blue Owl, which manages $250 billion and formed in 2021 when his Dyal Capital merged with Owl Rock Capital.

Dyal, since renamed Blue Owl GP Strategic Capital, is known for buying minority stakes in more than 60 other private equity firms.

Rees' division also invests in professional sports, with a fund that owns pieces of the NBA's Phoenix Suns, Sacramento Kings and Atlanta Hawks.

Rees still heads Blue Owl GP Strategic Capital, which oversees $66 billion. The rest of the firm's assets are in private credit and real estate.

Rees spent seven years at Lehman Brothers and started Dyal as a subsidiary of Neuberger Berman, which bought out parts of the bankrupt Lehman in 2009.