The scale of their wealth
Health
The price of life
Let's compare Patrick Drahi's fortune with the healthcare spending of a massive country
Patrick Drahi could fund the entire healthcare system of DR Congo, with a population of over 105,800,000 people, for approximately 3.8 years.
But even if we compare their fortune with that of a rich country
On the other end, Patrick Drahi could cover the healthcare spending of Luxembourg, considered the most heavily funded healthcare system in the world, for 1.7 years.
Education
Buying the future
Let's also compare their fortune with education spending, first with a poor country
Patrick Drahi could cover the total cost of Nigeria's education system, the most populous country in Africa with over 243,000,000 inhabitants, for 2.5 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 Patrick Drahi could pay for it entirely for 3.4 years.
Research
The monopoly on progress
Coming full circle, we think it's also interesting to add another gigantic country
Patrick Drahi could fully fund the state research budget of Pakistan, the fifth most populous country in the world with over 260,000,000 inhabitants, for 14.3 years.
And of course, the country that invests the most per capita worldwide
But even if we compare the total wealth of Patrick Drahi 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 0.3 years.
Gold
Everyday luxuries
Patrick Drahi's fortune is equivalent to 58 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.
Patrick Drahi could buy 15,483,641 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 3 trucks to transport them. Although Patrick Drahi will almost certainly have enough money left over to pay for the gas.
Biography
Telecoms magnate Patrick Drahi is the founder and owner of multinational Altice NV, which he took private in January 2021 at a $7.3 billion valuation.
Drahi built Altice with more than 20 acquisitions of lagging cable and mobile operators and has expanded further with highly leveraged deals.
In 2021, he spent approximately $4.2 billion to purchase an 18% stake in British telecom giant BT Group. Three years later, he sold it to India's Bharti Global.
He stormed the U.S. in 2015 by buying a 70% stake in cable operator Suddenlink for $9 billion and snapping up Cablevision for $17.7 billion.
Those U.S. entities were spun off into Altice USA, which went public in June 2017.
Financial Assets
Monthly wealth history
Fortune comparison
Historical data not available for comparison