The scale of their wealth
Health
The price of life
Let's compare Ray Lee Hunt's fortune with the healthcare spending of a massive country
Ray Lee Hunt could fund the entire healthcare system of DR Congo, with a population of over 105,800,000 people, for approximately 3.0 years.
But even if we compare their fortune with that of a rich country
On the other end, Ray Lee Hunt 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
Ray Lee Hunt 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 Ray Lee Hunt 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
Ray Lee Hunt could fully fund the state research budget of Pakistan, the fifth most populous country in the world with over 260,000,000 inhabitants, for 11.1 years.
And of course, the country that invests the most per capita worldwide
But even if we compare the total wealth of Ray Lee Hunt 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
Ray Lee Hunt'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.
Ray Lee Hunt could buy 12,085,567 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 Ray Lee Hunt will almost certainly have enough money left over to pay for the gas.
Biography
Ray Lee Hunt is the wealthiest of legendary oil wildcatter H.L. Hunt's 15 children.
He is the chairman emeritus of Hunt Consolidated, an oil and gas, real estate and investing conglomerate.
His Hunt Oil, once one of the largest privately held oil firms in the U.S., owns stakes in natural gas fields and a gas liquefaction plant in Peru.
Hunt Oil was one of the first to land an exploration deal in Iraq's Kurdistan region after the fall of Saddam Hussein.
His son, Hunter Hunt, serves as CEO of Hunt Consolidated's energy and infrastructure businesses and is his heir apparent.
Financial Assets
Financial assets information not available.
Monthly wealth history
Fortune comparison
Historical data not available for comparison