Mohammed Dewji
Source of wealth: Diversified
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The scale of their wealth
Health
The price of life
Let's compare Mohammed Dewji's fortune with the healthcare spending of a massive country
Mohammed Dewji could fund the entire healthcare system of DR Congo, with a population of over 105,800,000 people, for approximately 0.9 years.
But even if we compare their fortune with that of a rich country
On the other end, Mohammed Dewji could cover the healthcare spending of Luxembourg, considered the most heavily funded healthcare system in the world, for 0.4 years.
Education
Buying the future
Let's also compare their fortune with education spending, first with a poor country
Mohammed Dewji could cover the total cost of Nigeria's education system, the most populous country in Africa with over 243,000,000 inhabitants, for 0.6 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 Mohammed Dewji could pay for it entirely for 0.8 years.
Research
The monopoly on progress
Coming full circle, we think it's also interesting to add another gigantic country
Mohammed Dewji could fully fund the state research budget of Pakistan, the fifth most populous country in the world with over 260,000,000 inhabitants, for 3.5 years.
And of course, the country that invests the most per capita worldwide
But even if we compare the total wealth of Mohammed Dewji 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
Mohammed Dewji's fortune is equivalent to 14 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 $549.34.
Mohammed Dewji could buy 3,811,757 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 Mohammed Dewji will almost certainly have enough money left over to pay for the gas.
Biography
Mohammed Dewji is the CEO of METL, a Tanzanian conglomerate founded by his father in the 1970s.
METL is active in textile manufacturing, flour milling, beverages and edible oils in eastern, southern and central Africa.
In additional to Tanzania, METL operates in 10 African countries including Uganda, Ethiopia and Kenya.
Dewji, Tanzania's only billionaire, signed the Giving Pledge in 2016, promising to donate at least half his fortune to philanthropic causes.
Dewji was reportedly kidnapped at gunpoint in Dar es Salaam, Tanzania in October 2018 and released after nine days.
Financial Assets
Financial assets information not available.
Monthly wealth history
Fortune comparison
Historical data not available for comparison