Olivia Holding

Source of wealth: Banking

61 years female Finance & Investments 🇺🇸 US

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 Olivia Holding's fortune with the healthcare spending of a massive country

Olivia Holding could fund the entire healthcare system of DR Congo, with a population of over 105,800,000 people, for approximately 0.7 years.

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

On the other end, Olivia Holding could cover the healthcare spending of Luxembourg, considered the most heavily funded healthcare system in the world, for 0.3 years.

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Education

Buying the future

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

Olivia Holding could cover the total cost of Nigeria's education system, the most populous country in Africa with over 243,000,000 inhabitants, for 0.5 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 Olivia Holding could pay for it entirely for 0.6 years.

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Research

The monopoly on progress

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

Olivia Holding could fully fund the state research budget of Pakistan, the fifth most populous country in the world with over 260,000,000 inhabitants, for 2.6 years.

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

But even if we compare the total wealth of Olivia Holding 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

Olivia Holding's fortune is equivalent to 11 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.

Olivia Holding could buy 2,831,078 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 Olivia Holding will almost certainly have enough money left over to pay for the gas.

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Biography

Olivia Holding is one of four sisters of Frank Holding, Chairman and CEO of First Citizens Bank, a commercial banking chain, since 2008.

Her grandfather, Robert Powell Holding, became an employee of the bank in 1918, and became president by 1935, before passing it down to her father, Lewis Holding.

Today Olivia Holding, her three sisters, and her brother Frank collectively own about 20% of the bank.