Philipp Boehringer
Source of wealth: Pharmaceuticals
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The scale of their wealth
Health
The price of life
Let's compare Philipp Boehringer's fortune with the healthcare spending of a massive country
Philipp Boehringer could fund the entire healthcare system of DR Congo, with a population of over 105,800,000 people, for approximately 2.9 years.
But even if we compare their fortune with that of a rich country
On the other end, Philipp Boehringer could cover the healthcare spending of Luxembourg, considered the most heavily funded healthcare system in the world, for 1.3 years.
Education
Buying the future
Let's also compare their fortune with education spending, first with a poor country
Philipp Boehringer could cover the total cost of Nigeria's education system, the most populous country in Africa with over 243,000,000 inhabitants, for 1.9 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 Philipp Boehringer could pay for it entirely for 2.6 years.
Research
The monopoly on progress
Coming full circle, we think it's also interesting to add another gigantic country
Philipp Boehringer could fully fund the state research budget of Pakistan, the fifth most populous country in the world with over 260,000,000 inhabitants, for 11.0 years.
And of course, the country that invests the most per capita worldwide
But even if we compare the total wealth of Philipp Boehringer 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
Philipp Boehringer's fortune is equivalent to 45 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.
Philipp Boehringer could buy 11,946,302 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 2 trucks to transport them. Although Philipp Boehringer will almost certainly have enough money left over to pay for the gas.
Biography
Philipp Boehringer's fortune is derived from Boehringer Ingelheim, the world's largest private player in the pharmaceutical industry.
Founded in 1885 by Albert Boehringer, the company sold ingredients to pharmacies, textile merchants and the food industry, and grew to a workforce of 1,500 by the time of his death.
Today Boehringer Ingelheim employs 53,000 people and has a presence in 130 markets.
Some of its most well-known drugs treat COPD, anti-coagulation and type 2 diabetes.
Philipp along with 14 members of the family -- all in the third, fourth or fifth generation, own equal parts of the company.
Financial Assets
Financial assets information not available.
Monthly wealth history
Fortune comparison
Historical data not available for comparison