Rodger Riney & family
Source of wealth: Discount brokerage
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The scale of their wealth
Health
The price of life
Let's compare Rodger Riney & family's fortune with the healthcare spending of a massive country
Rodger Riney & family could fund the entire healthcare system of DR Congo, with a population of over 105,800,000 people, for approximately 1.9 years.
But even if we compare their fortune with that of a rich country
On the other end, Rodger Riney & family could cover the healthcare spending of Luxembourg, considered the most heavily funded healthcare system in the world, for 0.8 years.
Education
Buying the future
Let's also compare their fortune with education spending, first with a poor country
Rodger Riney & family could cover the total cost of Nigeria's education system, the most populous country in Africa with over 243,000,000 inhabitants, for 1.2 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 Rodger Riney & family could pay for it entirely for 1.7 years.
Research
The monopoly on progress
Coming full circle, we think it's also interesting to add another gigantic country
Rodger Riney & family could fully fund the state research budget of Pakistan, the fifth most populous country in the world with over 260,000,000 inhabitants, for 7.1 years.
And of course, the country that invests the most per capita worldwide
But even if we compare the total wealth of Rodger Riney & family 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
Rodger Riney & family's fortune is equivalent to 29 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.
Rodger Riney & family could buy 7,673,764 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 Rodger Riney & family will almost certainly have enough money left over to pay for the gas.
Biography
Rodger Riney is the cofounder of discount brokerage firm Scottrade, which is now part of Charles Schwab.
After college, Riney turned down a job at a top engineering firm and joined a Missouri investment company for less pay.
A decade later, he quit his job, drove 1,500 miles from St. Louis to Scottsdale, Ariz. and cofounded Scottrade in 1980.
Riney, who bought out his partner in 1985, expanded the firm to 3 million client accounts with a total of $170 billion in assets under management.
He sold out to Joe Ricketts' TD Ameritrade for $4 billion in 2017, 2 years after he was diagnosed with blood cancer multiple myeloma.
He has since donated $40 million to Washington University in St. Louis to research the disease and develop treatments for neurodegenerative illnesses.
Financial Assets
Financial assets information not available.
Monthly wealth history
Fortune comparison
Historical data not available for comparison