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Michael Sabel
#215

Michael Sabel

Source of wealth: oil & gas

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 Michael Sabel's fortune with the healthcare spending of a massive country

Michael Sabel could fund the entire healthcare system of DR Congo, with a population of over 105,800,000 people, for approximately 6.3 years.

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

On the other end, Michael Sabel could cover the healthcare spending of Luxembourg, considered the most heavily funded healthcare system in the world, for 2.8 years.

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Education

Buying the future

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

Michael Sabel could cover the total cost of Nigeria's education system, the most populous country in Africa with over 243,000,000 inhabitants, for 4.1 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 Sabel could pay for it entirely for 5.6 years.

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Research

The monopoly on progress

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

Michael Sabel could fully fund the state research budget of Pakistan, the fifth most populous country in the world with over 260,000,000 inhabitants, for 23.6 years.

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

But even if we compare the total wealth of Michael Sabel 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 0.5 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

Gold bar

Michael Sabel's fortune is equivalent to 96 tons of gold. It's hard to process, since we don't usually keep a handful of gold bars in our piggy banks.

Gold rings

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 Sabel could buy 25,612,966 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 5 trucks to transport them. Although Michael Sabel will almost certainly have enough money left over to pay for the gas.

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Biography

Mike Sabel cofounded liquified natural gas exporter Venture Global with former lawyer Bob Pender in 2013.

Together they own more than 80% of the company, which went public at a nearly $60 billion valuation in January 2025.

Sabel and Pender serve as Venture Global's executive co-chairmen. They worked together as co-CEOs until 2020 when Pender retired from the role and Sabel became sole chief executive.

Before cofounding Venture Global, Sabel worked as an investment banker.

Financial Assets

Exchange
NYSE
Ticker
VG-US
Company
Venture Global, Inc. Class A

Monthly wealth history

Fortune comparison

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