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#843

Robert Faith

Source of wealth: Real estate management

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 Robert Faith's fortune with the healthcare spending of a massive country

Robert Faith could fund the entire healthcare system of DR Congo, with a population of over 105,800,000 people, for approximately 2.3 years.

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

On the other end, Robert Faith could cover the healthcare spending of Luxembourg, considered the most heavily funded healthcare system in the world, for 1.0 years.

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Education

Buying the future

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

Robert Faith could cover the total cost of Nigeria's education system, the most populous country in Africa with over 243,000,000 inhabitants, for 1.5 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 Robert Faith could pay for it entirely for 2.0 years.

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Research

The monopoly on progress

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

Robert Faith could fully fund the state research budget of Pakistan, the fifth most populous country in the world with over 260,000,000 inhabitants, for 8.5 years.

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

But even if we compare the total wealth of Robert Faith 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

Robert Faith's fortune is equivalent to 35 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.

Robert Faith could buy 9,207,820 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 Robert Faith will almost certainly have enough money left over to pay for the gas.

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Biography

Bob Faith is the founder, chairman and CEO of global real estate firm Greystar, active in property and investment management and development services.

Based in Charleston, South Carolina, the firm manages and operates $320 billion in real estate across five continents.

Greystar also has an investment management platform with more than $78 billion of assets under management.

After studying petroleum engineering at the University of Oklahoma and an MBA at Harvard, Faith got a job at real estate developer Trammell Crow Co.

He became a partner in 1988 before leaving in 1991 to start investment firm Starwood Capital Partners with his Harvard classmate Barry Sternlicht.

Faith then ventured out on his own in 1993, when he founded Greystar in Houston, Texas.

Financial Assets

Financial assets information not available.

Monthly wealth history

Fortune comparison

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