Rolf Gerling
Source of wealth: Insurance
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The scale of their wealth
Health
The price of life
Let's compare Rolf Gerling's fortune with the healthcare spending of a massive country
Rolf Gerling could fund the entire healthcare system of DR Congo, with a population of over 105,800,000 people, for approximately 1.1 years.
But even if we compare their fortune with that of a rich country
On the other end, Rolf Gerling could cover the healthcare spending of Luxembourg, considered the most heavily funded healthcare system in the world, for 0.5 years.
Education
Buying the future
Let's also compare their fortune with education spending, first with a poor country
Rolf Gerling could cover the total cost of Nigeria's education system, the most populous country in Africa with over 243,000,000 inhabitants, for 0.7 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 Rolf Gerling could pay for it entirely for 1.0 years.
Research
The monopoly on progress
Coming full circle, we think it's also interesting to add another gigantic country
Rolf Gerling could fully fund the state research budget of Pakistan, the fifth most populous country in the world with over 260,000,000 inhabitants, for 4.1 years.
And of course, the country that invests the most per capita worldwide
But even if we compare the total wealth of Rolf Gerling 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
Rolf Gerling's fortune is equivalent to 17 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.
Rolf Gerling could buy 4,428,021 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 Rolf Gerling will almost certainly have enough money left over to pay for the gas.
Biography
Rolf Gerling inherited insurer Gerling Konzern, showed little interest in managing it and saw the legacy plunge into turmoil.
His grandfather Robert founded the business in 1904 and his father, Hans, expanded it into a global insurance group. Hans died in 1992.
Mismanagement, losses from the September 11 attacks and costly asbestos claims led Rolf to sell the company for an estimated $1 billion in 2005.
His portfolio includes real estate through companies like DufourIm AG, which is headed by long-time Gerling confidant Heino von Have.
A passionate environmentalist, Gerling leads a withdrawn life in Switzerland.
Financial Assets
Financial assets information not available.
Monthly wealth history
Fortune comparison
Historical data not available for comparison