Niva Gurevitch

Source of wealth: FInancial Services

54 years female Finance & Investments 🇮🇱 IL

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 Niva Gurevitch's fortune with the healthcare spending of a massive country

Niva Gurevitch could fund the entire healthcare system of DR Congo, with a population of over 105,800,000 people, for approximately 1.7 years.

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

On the other end, Niva Gurevitch could cover the healthcare spending of Luxembourg, considered the most heavily funded healthcare system in the world, for 0.8 years.

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Education

Buying the future

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

Niva Gurevitch could cover the total cost of Nigeria's education system, the most populous country in Africa with over 243,000,000 inhabitants, for 1.1 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 Niva Gurevitch could pay for it entirely for 1.5 years.

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Research

The monopoly on progress

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

Niva Gurevitch could fully fund the state research budget of Pakistan, the fifth most populous country in the world with over 260,000,000 inhabitants, for 6.4 years.

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

But even if we compare the total wealth of Niva Gurevitch 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.

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

Niva Gurevitch's fortune is equivalent to 26 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.

Niva Gurevitch could buy 6,900,795 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 Niva Gurevitch will almost certainly have enough money left over to pay for the gas.

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Biography

Niva Gurevitch is the daughter of the late Menahem Gurevitch, who was longtime chairman and controlling shareholder of Menora Mivtachim, one of Israel's largest insurance and financial services groups.

Founded in 1935, Menora Mivtachim manages more than ILS 375 billion and is one of the country's largest institutional financial players.

Niva and her sister, Tali Griffel, inherited their father's controlling stake after his passing in 2013.

Each sister owns about ⅓ of the company, which has paid then more than $300 million dividends since 2014. Tali's husband, Eran Griffel, is chairman of Menora Mivtachim.