Paul Gauselmann & family
Source of wealth: Gambling
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The scale of their wealth
Health
The price of life
Let's compare Paul Gauselmann & family's fortune with the healthcare spending of a massive country
Paul Gauselmann & family could fund the entire healthcare system of DR Congo, with a population of over 105,800,000 people, for approximately 1.8 years.
But even if we compare their fortune with that of a rich country
On the other end, Paul Gauselmann & family could cover the healthcare spending of Luxembourg, considered the most heavily funded healthcare system in the world, for 0.8 years.
Education
Buying the future
Let's also compare their fortune with education spending, first with a poor country
Paul Gauselmann & family could cover the total cost of Nigeria's education system, the most populous country in Africa with over 243,000,000 inhabitants, for 1.2 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 Paul Gauselmann & family could pay for it entirely for 1.6 years.
Research
The monopoly on progress
Coming full circle, we think it's also interesting to add another gigantic country
Paul Gauselmann & family could fully fund the state research budget of Pakistan, the fifth most populous country in the world with over 260,000,000 inhabitants, for 6.9 years.
And of course, the country that invests the most per capita worldwide
But even if we compare the total wealth of Paul Gauselmann & family 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
Paul Gauselmann & family's fortune is equivalent to 28 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.
Paul Gauselmann & family could buy 7,441,714 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 Paul Gauselmann & family will almost certainly have enough money left over to pay for the gas.
Biography
Paul Gauselmann has been called the "pope of the amusement business" in Germany.
He began his career in 1957 working as an apprentice telecommunications inspector and mounted jukeboxes in his spare time.
In 1964, he founded the company that turned into Gauselmann Group. He opened the first Merkur amusement arcade in 1974.
Now known as Merkur Group, today the company has annual revenue of around $3 billion and employs more than 13,000 people.
The company operates arcades throughout Europe and has more than 15 casinos in Germany. It has also expanded into mobile sports betting and iGaming.
Financial Assets
Financial assets information not available.
Monthly wealth history
Fortune comparison
Historical data not available for comparison