Sam Goi
Source of wealth: Frozen foods
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The scale of their wealth
Health
The price of life
Let's compare Sam Goi's fortune with the healthcare spending of a massive country
Sam Goi could fund the entire healthcare system of DR Congo, with a population of over 105,800,000 people, for approximately 1.2 years.
But even if we compare their fortune with that of a rich country
On the other end, Sam Goi 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
Sam Goi could cover the total cost of Nigeria's education system, the most populous country in Africa with over 243,000,000 inhabitants, for 0.8 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 Sam Goi 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
Sam Goi could fully fund the state research budget of Pakistan, the fifth most populous country in the world with over 260,000,000 inhabitants, for 4.3 years.
And of course, the country that invests the most per capita worldwide
But even if we compare the total wealth of Sam Goi 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
Sam Goi's fortune is equivalent to 18 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.
Sam Goi could buy 4,719,516 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 Sam Goi will almost certainly have enough money left over to pay for the gas.
Biography
Son of a Fujian farmer, Sam Goi owns Tee Yih Jia Food Manufacturing, one of the world's largest makers of popiah skins, which are used for spring rolls.
Goi dropped out of school to work in his father's grocery store then got into frozen foods when he bought a struggling food unit.
He also has real estate interests through his stakes in listed firms GSH and KOP.
In 2021, he became chairman of Singapore-based consumer goods firm Hanwell Industries after a boardroom tussle. Hanwell is now PSC Corp.
Goi is Singapore's non-resident ambassador to Brazil.
Financial Assets
Monthly wealth history
Fortune comparison
Historical data not available for comparison