The scale of their wealth
Health
The price of life
Let's compare Stephan Crétier's fortune with the healthcare spending of a massive country
Stephan Crétier 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, Stephan Crétier 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
Stephan Crétier 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 Stephan Crétier could pay for it entirely for 1.1 years.
Research
The monopoly on progress
Coming full circle, we think it's also interesting to add another gigantic country
Stephan Crétier could fully fund the state research budget of Pakistan, the fifth most populous country in the world with over 260,000,000 inhabitants, for 4.5 years.
And of course, the country that invests the most per capita worldwide
But even if we compare the total wealth of Stephan Crétier 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
Stephan Crétier'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.
Stephan Crétier could buy 4,864,072 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 Stephan Crétier will almost certainly have enough money left over to pay for the gas.
Biography
Stephan Crétier is the founder and CEO of GardaWorld, a Montreal-based private security and cash services firm.
He founded the business in 1995 with $25,000, which he raised by putting a second mortgage on his house.
He took the firm public on the Toronto Stock Exchange in 2003 and then took it private alongside private equity firm Apax Partners in 2012 at a $1.1 billion valuation.
In 2019, he recapitalized the firm with private equity firm BC Partners at a $3.9 billion valuation. Six years later, he took back a majority stake in a deal that valued the firm at $9.8 billion.
Besides its core security and cash services businesses, GardaWorld also owns intelligence platform Crisis24, cash management firm Sesami, and remote surveillance outfit ECAM.
Financial Assets
Financial assets information not available.
Monthly wealth history
Fortune comparison
Historical data not available for comparison