Murat Ulker
Source of wealth: Food
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The scale of their wealth
Health
The price of life
Let's compare Murat Ulker's fortune with the healthcare spending of a massive country
Murat Ulker 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, Murat Ulker could cover the healthcare spending of Luxembourg, considered the most heavily funded healthcare system in the world, for 1.0 years.
Education
Buying the future
Let's also compare their fortune with education spending, first with a poor country
Murat Ulker could cover the total cost of Nigeria's education system, the most populous country in Africa with over 243,000,000 inhabitants, for 1.5 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 Murat Ulker could pay for it entirely for 2.1 years.
Research
The monopoly on progress
Coming full circle, we think it's also interesting to add another gigantic country
Murat Ulker could fully fund the state research budget of Pakistan, the fifth most populous country in the world with over 260,000,000 inhabitants, for 8.8 years.
And of course, the country that invests the most per capita worldwide
But even if we compare the total wealth of Murat Ulker 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
Murat Ulker's fortune is equivalent to 36 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.
Murat Ulker could buy 9,603,880 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 Murat Ulker will almost certainly have enough money left over to pay for the gas.
Biography
Murat Ulker owns 63% of Yildiz Holding, which produces a wide range of food products and non-alcoholic beverages.
Yildiz spent $850 million to buy Belgian chocolatier Godiva in 2007 and $3.2 billion to buy United Biscuits of the U.K. in 2014.
To establish a more global structure, he merged United Biscuit, Ulker Biscuit and DeMet's Candy under the roof of London-based Pladis Foods.
In early 2019, Godiva announced the sale of parts of its Asia-Pacific business, along with a production facility in Belgium, to PE firm MBK Partners.
Yildiz is using some of the proceeds from the sale to expand Godiva's cafe business from 20 stores to more than 2,000 globally by 2025.
Financial Assets
Monthly wealth history
Fortune comparison
Historical data not available for comparison