Ron Baron
Source of wealth: Money management
...
...
The scale of their wealth
Health
The price of life
Let's compare Ron Baron's fortune with the healthcare spending of a massive country
Ron Baron could fund the entire healthcare system of DR Congo, with a population of over 105,800,000 people, for approximately 3.6 years.
But even if we compare their fortune with that of a rich country
On the other end, Ron Baron could cover the healthcare spending of Luxembourg, considered the most heavily funded healthcare system in the world, for 1.6 years.
Education
Buying the future
Let's also compare their fortune with education spending, first with a poor country
Ron Baron could cover the total cost of Nigeria's education system, the most populous country in Africa with over 243,000,000 inhabitants, for 2.3 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 Ron Baron could pay for it entirely for 3.2 years.
Research
The monopoly on progress
Coming full circle, we think it's also interesting to add another gigantic country
Ron Baron could fully fund the state research budget of Pakistan, the fifth most populous country in the world with over 260,000,000 inhabitants, for 13.5 years.
And of course, the country that invests the most per capita worldwide
But even if we compare the total wealth of Ron Baron 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 0.3 years.
Gold
Everyday luxuries
Ron Baron's fortune is equivalent to 55 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.
Ron Baron could buy 14,610,088 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 3 trucks to transport them. Although Ron Baron will almost certainly have enough money left over to pay for the gas.
Biography
Ron Baron is the CEO of Baron Funds, a money management firm he founded in 1982; it manages about $53 billion.
The buy-and-hold investor's flagship fund, Baron Growth, has an annual turnover of less than 1.5% and net assets of about $4 billion.
Baron owns one of the biggest estates in the Hamptons, which he assembled from 2001 to 2009 at a total cost of $152 million. It's worth much more now.
The son of an engineer (dad) and purchasing agent (mom) for the federal government, Baron wanted to be a doctor but didn't get into medical school.
Baron became a securities analyst in 1970 and named his dog Big Mac after one of his first successful stock recommendations.
Financial Assets
Financial assets information not available.
Monthly wealth history
Fortune comparison
Historical data not available for comparison