Rupert Johnson Jr
Source of wealth: Franklin Templeton
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The scale of their wealth
Health
The price of life
Let's compare Rupert Johnson Jr's fortune with the healthcare spending of a massive country
Rupert Johnson Jr could fund the entire healthcare system of DR Congo, with a population of over 105,800,000 people, for approximately 2.4 years.
But even if we compare their fortune with that of a rich country
On the other end, Rupert Johnson Jr could cover the healthcare spending of Luxembourg, considered the most heavily funded healthcare system in the world, for 1.0 years.
Education
Buying the future
Let's also compare their fortune with education spending, first with a poor country
Rupert Johnson Jr 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 Rupert Johnson Jr could pay for it entirely for 2.1 years.
Research
The monopoly on progress
Coming full circle, we think it's also interesting to add another gigantic country
Rupert Johnson Jr could fully fund the state research budget of Pakistan, the fifth most populous country in the world with over 260,000,000 inhabitants, for 8.8 years.
And of course, the country that invests the most per capita worldwide
But even if we compare the total wealth of Rupert Johnson Jr 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
Rupert Johnson Jr's fortune is equivalent to 36 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.
Rupert Johnson Jr could buy 9,568,140 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 Rupert Johnson Jr will almost certainly have enough money left over to pay for the gas.
Biography
Rupert Johnson Jr. is the vice chairman of Franklin Resources, a global investment management firm also called Franklin Templeton Investments.
He is the largest shareholder in the firm with 20%. His half brother Charles, who chaired the company until 2013, is a close second.
Their father, Rupert Sr., founded Franklin Distributors in 1947; the business grew and went public in 1983.
Rupert Jr. joined in 1965 and has been vice chairman since 1999. His nephew Gregory Johnson now serves as chairman.
Financial Assets
Monthly wealth history
Fortune comparison
Historical data not available for comparison