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#1932

Petter Stordalen & family

Source of wealth: Hotels

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 Petter Stordalen & family's fortune with the healthcare spending of a massive country

Petter Stordalen & family could fund the entire healthcare system of DR Congo, with a population of over 105,800,000 people, for approximately 1.0 years.

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

On the other end, Petter Stordalen & family could cover the healthcare spending of Luxembourg, considered the most heavily funded healthcare system in the world, for 0.4 years.

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Education

Buying the future

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

Petter Stordalen & family could cover the total cost of Nigeria's education system, the most populous country in Africa with over 243,000,000 inhabitants, for 0.6 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 Petter Stordalen & family could pay for it entirely for 0.9 years.

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Research

The monopoly on progress

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

Petter Stordalen & 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 3.6 years.

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

But even if we compare the total wealth of Petter Stordalen & 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 0.1 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

Gold bar

Petter Stordalen & family's fortune is equivalent to 15 tons of gold. It's hard to process, since we don't usually keep a handful of gold bars in our piggy banks.

Gold rings

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.

Petter Stordalen & family could buy 3,952,908 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 Petter Stordalen & family will almost certainly have enough money left over to pay for the gas.

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Biography

Petter Stordalen and his three children own Scandinavia's largest hotel chain, Nordic Choice Hotels, which has 180 high-end hotels in five countries.

In 2018 he signed over almost all ownership, but none of the control, of the hotel chain to his kids; he has vowed to keep control until his death.

Stordalen got his start working at his father's grocery store at age 10, and later helped found one of Norway's largest commercial real estate firms.

He married model-turned-physician Gunhild Stordalen in a lavish $5 million affair officiated by Irish singer Bob Geldof in 2010.

Financial Assets

Financial assets information not available.

Monthly wealth history

Fortune comparison

Historical data not available for comparison

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