Pawan Munjal
Source of wealth: Motorcycles
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The scale of their wealth
Health
The price of life
Let's compare Pawan Munjal's fortune with the healthcare spending of a massive country
Pawan Munjal could fund the entire healthcare system of DR Congo, with a population of over 105,800,000 people, for approximately 0.8 years.
But even if we compare their fortune with that of a rich country
On the other end, Pawan Munjal could cover the healthcare spending of Luxembourg, considered the most heavily funded healthcare system in the world, for 0.4 years.
Education
Buying the future
Let's also compare their fortune with education spending, first with a poor country
Pawan Munjal 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 Pawan Munjal could pay for it entirely for 0.7 years.
Research
The monopoly on progress
Coming full circle, we think it's also interesting to add another gigantic country
Pawan Munjal could fully fund the state research budget of Pakistan, the fifth most populous country in the world with over 260,000,000 inhabitants, for 3.0 years.
And of course, the country that invests the most per capita worldwide
But even if we compare the total wealth of Pawan Munjal 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.
Gold
Everyday luxuries
Pawan Munjal's fortune is equivalent to 12 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.
Pawan Munjal could buy 3,260,262 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 Pawan Munjal will almost certainly have enough money left over to pay for the gas.
Biography
Pawan Munjal is the chairman and managing director of Hero MotoCorp,the world's largest producer of two-wheelers by volume having sold more than 120 million units to date.
He inherited a stake in the Hero group after his father Brijmohan Lall Munjal, who cofounded the enterprise with his brothers, died in 2015 at age 92.
A former partner of Honda, Hero MotoCorp parted ways with the Japanese company in 2011. Since then Pawan has led a global expansion with factories in Colombia and Bangladesh.
The group's renewable energy arm, Hero Future Energies, along with U.S. private equity firm KKR, is investing $450 million in expanding capacity.
Financial Assets
Monthly wealth history
Fortune comparison
Historical data not available for comparison