Philip O'Doherty
Source of wealth: Information technology
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The scale of their wealth
Health
The price of life
Let's compare Philip O'Doherty's fortune with the healthcare spending of a massive country
Philip O'Doherty 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, Philip O'Doherty 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
Philip O'Doherty 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 Philip O'Doherty 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
Philip O'Doherty could fully fund the state research budget of Pakistan, the fifth most populous country in the world with over 260,000,000 inhabitants, for 3.1 years.
And of course, the country that invests the most per capita worldwide
But even if we compare the total wealth of Philip O'Doherty 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
Philip O'Doherty's fortune is equivalent to 13 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.
Philip O'Doherty could buy 3,382,971 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 Philip O'Doherty will almost certainly have enough money left over to pay for the gas.
Biography
Philip O'Doherty is the founder of E&I Engineering, an Irish IT company that he sold to Vertix Holdings in 2021 for almost $2 billlion in cash and stock.
O?Doherty founded E&I in 1987 and owned about 80% of the business at the time of the sale to Vertix.
The Queen's University graduate worked as an engineer for DuPont out in Campsie, Ireland for five years before venturing out on his own.
When he sold E&I, the company had over 30 locations worldwide, sales of $460m and more than 2,100 employees.
Financial Assets
Monthly wealth history
Fortune comparison
Historical data not available for comparison