Peter Hargreaves
Source of wealth: Financial services
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The scale of their wealth
Health
The price of life
Let's compare Peter Hargreaves's fortune with the healthcare spending of a massive country
Peter Hargreaves could fund the entire healthcare system of DR Congo, with a population of over 105,800,000 people, for approximately 1.6 years.
But even if we compare their fortune with that of a rich country
On the other end, Peter Hargreaves could cover the healthcare spending of Luxembourg, considered the most heavily funded healthcare system in the world, for 0.7 years.
Education
Buying the future
Let's also compare their fortune with education spending, first with a poor country
Peter Hargreaves 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 Peter Hargreaves could pay for it entirely for 1.5 years.
Research
The monopoly on progress
Coming full circle, we think it's also interesting to add another gigantic country
Peter Hargreaves could fully fund the state research budget of Pakistan, the fifth most populous country in the world with over 260,000,000 inhabitants, for 6.2 years.
And of course, the country that invests the most per capita worldwide
But even if we compare the total wealth of Peter Hargreaves 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
Peter Hargreaves's fortune is equivalent to 25 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.
Peter Hargreaves could buy 6,695,515 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 Peter Hargreaves will almost certainly have enough money left over to pay for the gas.
Biography
From his spare bedroom in Bristol, England, Peter Hargreaves and pal Stephan Lansdown founded a financial-services firm in 1981.
Hargreaves was a chartered accountant for businesses like KPMG before starting the company, Hargreaves Lansdown.
He no longer sits on the firm's board, but still owns nearly 20% of the over $190 billion (assets under administration) business.
In 2017 Hargreaves launched Blue Whale, a fund manager for UK investors.
He is also the primary stakeholder at GomSpace, specializing in ground stations for satellite communications
Financial Assets
Monthly wealth history
Fortune comparison
Historical data not available for comparison