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#644

Renate Reimann-Haas

Source of wealth: Consumer goods

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 Renate Reimann-Haas's fortune with the healthcare spending of a massive country

Renate Reimann-Haas 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, Renate Reimann-Haas could cover the healthcare spending of Luxembourg, considered the most heavily funded healthcare system in the world, for 1.3 years.

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Education

Buying the future

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

Renate Reimann-Haas 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 Renate Reimann-Haas could pay for it entirely for 2.5 years.

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Research

The monopoly on progress

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

Renate Reimann-Haas could fully fund the state research budget of Pakistan, the fifth most populous country in the world with over 260,000,000 inhabitants, for 10.7 years.

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

But even if we compare the total wealth of Renate Reimann-Haas 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

Renate Reimann-Haas's fortune is equivalent to 44 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.

Renate Reimann-Haas could buy 11,615,475 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 Renate Reimann-Haas will almost certainly have enough money left over to pay for the gas.

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Biography

Renate Reimann-Hass and three of her siblings own 95% of Luxembourg-based investment firm JAB Holding Company s.? r.l (JAB).

Upon the death of their father in 1984, Renate and eight other heirs each inherited 11.1% of JAB; five of them subsequently divested their stakes.

The brands associated with the Reimann fortune include Pret A Manger, Krispy Kreme donuts, Peet's Coffee and Panera Bread.

Renate is a descendant of chemist Ludwig Reimann, who, in 1828, joined with Johann Adam Benckiser and his namesake chemical company.

JAB made its first foray into the pet care sector in 2019 with the acquisition of Compassion-First Pet Hospitals.

Financial Assets

Financial assets information not available.

Monthly wealth history

Fortune comparison

Historical data not available for comparison

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