Steven Schuurman
Source of wealth: software
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The scale of their wealth
Health
The price of life
Let's compare Steven Schuurman's fortune with the healthcare spending of a massive country
Steven Schuurman could fund the entire healthcare system of DR Congo, with a population of over 105,800,000 people, for approximately 0.5 years.
But even if we compare their fortune with that of a rich country
On the other end, Steven Schuurman could cover the healthcare spending of Luxembourg, considered the most heavily funded healthcare system in the world, for 0.2 years.
Education
Buying the future
Let's also compare their fortune with education spending, first with a poor country
Steven Schuurman could cover the total cost of Nigeria's education system, the most populous country in Africa with over 243,000,000 inhabitants, for 0.3 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 Steven Schuurman could pay for it entirely for 0.5 years.
Research
The monopoly on progress
Coming full circle, we think it's also interesting to add another gigantic country
Steven Schuurman could fully fund the state research budget of Pakistan, the fifth most populous country in the world with over 260,000,000 inhabitants, for 1.9 years.
And of course, the country that invests the most per capita worldwide
But even if we compare the total wealth of Steven Schuurman 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 0.0 years.
Gold
Everyday luxuries
Steven Schuurman's fortune is equivalent to 8 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.
Steven Schuurman could buy 2,093,774 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 0 trucks to transport them. Although Steven Schuurman will almost certainly have enough money left over to pay for the gas.
Biography
Schuurman cofounded Elastic, a Netherlands-based software company that went public in 2018 on the NYSE.
Elastic creates software for search, data and analytics purposes.
Schuurman, who has a nearly 6% stake in Elastic, first became a billionaire in 2018.
He served as Elastic's CEO from 2012 to 2017, and still sits on its board of directors.
He cofounded another software company, SpringSource, which was acquired by VMware in 2009 for $420 million.
Financial Assets
Monthly wealth history
Fortune comparison
Historical data not available for comparison