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#1855

Ron Sim

Source of wealth: Retail

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 Ron Sim's fortune with the healthcare spending of a massive country

Ron Sim could fund the entire healthcare system of DR Congo, with a population of over 105,800,000 people, for approximately 1.0 years.

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

On the other end, Ron Sim could cover the healthcare spending of Luxembourg, considered the most heavily funded healthcare system in the world, for 0.4 years.

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Education

Buying the future

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

Ron Sim 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 Ron Sim could pay for it entirely for 0.9 years.

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Research

The monopoly on progress

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

Ron Sim could fully fund the state research budget of Pakistan, the fifth most populous country in the world with over 260,000,000 inhabitants, for 3.8 years.

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

But even if we compare the total wealth of Ron Sim 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.

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

Ron Sim's fortune is equivalent to 15 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.

Ron Sim could buy 4,121,521 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 Ron Sim will almost certainly have enough money left over to pay for the gas.

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Biography

Ron Sim is the founder of OSIM International, maker of high-end massage chairs.

He took the company private in 2016 when its shares had dropped steeply from their 2014 high.

In both 2018 and 2022, V3 Brands Asia, part of his V3 Group, filed for an IPO in Hong Kong but shelved it due to market volatility.

He owns a majority stake in the popular Bacha Coffee, a more than century-old Moroccan cafe chain, in Singapore.

Sim also has a sizable property portfolio that includes a stake in Perennial Holdings, which was taken private in 2020.

Financial Assets

Exchange
SINGAPORE
Ticker
XJB-SG
Company
G.H.Y Culture & Media Holding
Exchange
SINGAPORE
Ticker
42R-SG
Company
Jumbo Group
Exchange
SINGAPORE
Ticker
1B0-SG
Company
mm2 Asia
Exchange
SINGAPORE
Ticker
5AB-SG
Company
Trek2000

Monthly wealth history

Fortune comparison

Historical data not available for comparison

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