Remo Ruffini
Source of wealth: Winter jackets
...
...
The scale of their wealth
Health
The price of life
Let's compare Remo Ruffini's fortune with the healthcare spending of a massive country
Remo Ruffini could fund the entire healthcare system of DR Congo, with a population of over 105,800,000 people, for approximately 1.5 years.
But even if we compare their fortune with that of a rich country
On the other end, Remo Ruffini could cover the healthcare spending of Luxembourg, considered the most heavily funded healthcare system in the world, for 0.7 years.
Education
Buying the future
Let's also compare their fortune with education spending, first with a poor country
Remo Ruffini could cover the total cost of Nigeria's education system, the most populous country in Africa with over 243,000,000 inhabitants, for 1.0 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 Remo Ruffini could pay for it entirely for 1.4 years.
Research
The monopoly on progress
Coming full circle, we think it's also interesting to add another gigantic country
Remo Ruffini could fully fund the state research budget of Pakistan, the fifth most populous country in the world with over 260,000,000 inhabitants, for 5.7 years.
And of course, the country that invests the most per capita worldwide
But even if we compare the total wealth of Remo Ruffini 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
Remo Ruffini's fortune is equivalent to 23 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.
Remo Ruffini could buy 6,231,351 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 Remo Ruffini will almost certainly have enough money left over to pay for the gas.
Biography
Remo Ruffini turned around a nearly bankrupt luxury sportswear firm Moncler, taking the company public in 2013 in one of Italy's largest IPOs in years
Ruffini started out as the company's creative director in 1999 and a few years later bought the brand. Now chairman and CEO, he owns a 15% stake.
Ruffini introduced new colors and designs at Moncler, and partnered with the Carlyle Group to expand internationally.
He got his start in the U.S. working for his father's clothing company, Gianfranco Ruffini.
In 1984 he returned to Italy and founded his own brand, New England Company, which was sold in 2000.
Financial Assets
Monthly wealth history
Fortune comparison
Historical data not available for comparison