Renu Munjal
Source of wealth: Motorcycles
...
...
The scale of their wealth
Health
The price of life
Let's compare Renu Munjal's fortune with the healthcare spending of a massive country
Renu Munjal could fund the entire healthcare system of DR Congo, with a population of over 105,800,000 people, for approximately 0.8 years.
But even if we compare their fortune with that of a rich country
On the other end, Renu Munjal could cover the healthcare spending of Luxembourg, considered the most heavily funded healthcare system in the world, for 0.3 years.
Education
Buying the future
Let's also compare their fortune with education spending, first with a poor country
Renu Munjal could cover the total cost of Nigeria's education system, the most populous country in Africa with over 243,000,000 inhabitants, for 0.5 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 Renu Munjal could pay for it entirely for 0.7 years.
Research
The monopoly on progress
Coming full circle, we think it's also interesting to add another gigantic country
Renu Munjal could fully fund the state research budget of Pakistan, the fifth most populous country in the world with over 260,000,000 inhabitants, for 2.9 years.
And of course, the country that invests the most per capita worldwide
But even if we compare the total wealth of Renu Munjal 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
Renu Munjal's fortune is equivalent to 12 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.
Renu Munjal could buy 3,114,198 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 Renu Munjal will almost certainly have enough money left over to pay for the gas.
Biography
Renu Munjal is the daughter-in-law of late Brijmohan Lall Munjal, founder of India's Hero Group, who died in 2015 at age 92. Her late husband Raman Kant Munjal, was one of three sons of the patriarch.
The group's flagship company is Hero MotoCorp, one of the largest producers of two-wheelers in the world.
She is the managing director of Hero Fincop, the financial services unit of the group. Her son Abhimanyu is joint managing director and CEO.
Renu chairs the Raman Kant Munjal Foundation, which supports education, skill development and community development.
She's also a founding member of Gurgaon-based BML Munjal University which offers undergrad courses as well as MBA programs.
Financial Assets
Monthly wealth history
Fortune comparison
Historical data not available for comparison