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#1023

Rajiv Jain

Source of wealth: Finance

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 Rajiv Jain's fortune with the healthcare spending of a massive country

Rajiv Jain could fund the entire healthcare system of DR Congo, with a population of over 105,800,000 people, for approximately 1.9 years.

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

On the other end, Rajiv Jain could cover the healthcare spending of Luxembourg, considered the most heavily funded healthcare system in the world, for 0.8 years.

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Education

Buying the future

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

Rajiv Jain could cover the total cost of Nigeria's education system, the most populous country in Africa with over 243,000,000 inhabitants, for 1.2 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 Rajiv Jain could pay for it entirely for 1.7 years.

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Research

The monopoly on progress

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

Rajiv Jain could fully fund the state research budget of Pakistan, the fifth most populous country in the world with over 260,000,000 inhabitants, for 7.0 years.

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

But even if we compare the total wealth of Rajiv Jain 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.

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

Rajiv Jain's fortune is equivalent to 29 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.

Rajiv Jain could buy 7,621,209 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 Rajiv Jain will almost certainly have enough money left over to pay for the gas.

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Biography

Rajiv Jain is the founder, chairman and chief investment officer of Fort Lauderdale-based asset management firm GQG Partners.

Jain cofounded GQG with Tim Carver, the firm's CEO, in 2016; they took it public on the Australian Stock Exchange in 2021.

Born in India, Jain moved to the U.S. in the early 1990s to pursue an M.B.A. at the University of Miami.

He joined Swiss firm Vontobel Asset Management in 1994 and rose through the ranks to become co-CEO in 2014 until his departure in 2016.

GQG manages several funds alongside Goldman Sachs' asset management firm.

Financial Assets

Exchange
ASX
Ticker
GQG-AU
Company
GQG Partners

Monthly wealth history

Fortune comparison

Historical data not available for comparison

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