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#1104

Stephen Jarislowsky

Source of wealth: Money management

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 Stephen Jarislowsky's fortune with the healthcare spending of a massive country

Stephen Jarislowsky could fund the entire healthcare system of DR Congo, with a population of over 105,800,000 people, for approximately 1.7 years.

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

On the other end, Stephen Jarislowsky could cover the healthcare spending of Luxembourg, considered the most heavily funded healthcare system in the world, for 0.8 years.

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Education

Buying the future

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

Stephen Jarislowsky could cover the total cost of Nigeria's education system, the most populous country in Africa with over 243,000,000 inhabitants, for 1.1 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 Stephen Jarislowsky could pay for it entirely for 1.5 years.

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Research

The monopoly on progress

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

Stephen Jarislowsky could fully fund the state research budget of Pakistan, the fifth most populous country in the world with over 260,000,000 inhabitants, for 6.5 years.

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

But even if we compare the total wealth of Stephen Jarislowsky 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

Stephen Jarislowsky's fortune is equivalent to 27 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.

Stephen Jarislowsky could buy 7,071,806 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 Stephen Jarislowsky will almost certainly have enough money left over to pay for the gas.

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Biography

Stephen Jarislowsky made the bulk of his fortune at the helm of Jarislowsky Fraser, the investment management firm he founded in 1955.

He stepped down as CEO in 2012 but remains chairman emeritus of the company and president of the Jarislowsky Foundation.

Canadian bank Scotiabank bought Jarislowsky Fraser for about $750 million in stock and cash in April 2018.

He owns a sizable art collection that is largely comprised of Canadian art, but also includes Chinese jade and French impressionism.

Financial Assets

Exchange
TORONTO
Ticker
BNS-CA
Company
Bank of Nova Scotia

Monthly wealth history

Fortune comparison

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