Steven Tisch
Source of wealth: Loews, New York Giants
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The scale of their wealth
Health
The price of life
Let's compare Steven Tisch's fortune with the healthcare spending of a massive country
Steven Tisch could fund the entire healthcare system of DR Congo, with a population of over 105,800,000 people, for approximately 1.0 years.
But even if we compare their fortune with that of a rich country
On the other end, Steven Tisch could cover the healthcare spending of Luxembourg, considered the most heavily funded healthcare system in the world, for 0.4 years.
Education
Buying the future
Let's also compare their fortune with education spending, first with a poor country
Steven Tisch could cover the total cost of Nigeria's education system, the most populous country in Africa with over 243,000,000 inhabitants, for 0.6 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 Tisch could pay for it entirely for 0.9 years.
Research
The monopoly on progress
Coming full circle, we think it's also interesting to add another gigantic country
Steven Tisch could fully fund the state research budget of Pakistan, the fifth most populous country in the world with over 260,000,000 inhabitants, for 3.7 years.
And of course, the country that invests the most per capita worldwide
But even if we compare the total wealth of Steven Tisch 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
Steven Tisch's fortune is equivalent to 15 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 $549.34.
Steven Tisch could buy 3,993,801 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 Steven Tisch will almost certainly have enough money left over to pay for the gas.
Biography
Steven Tisch is chairman and executive vice president of NFL's NY Giants. His late father Bob paid $75 million in 1991 for a 50% stake in the team.
Bob Tisch (d. 2005) cofounded Loews Corp. with his brother Laurence (d. 2003) as a New Jersey hotel venture in 1946.
Today, Loews Corp., a publicly traded company, is active in insurance, drilling rigs, natural gas pipelines and hotels.
Steven's mother Joan (d. 2017) was the largest individual shareholder of Loews with a 6% stake. His brother Jonathan is co-chairman.
Steven, Jonathan and sister Laurie Tisch, inherited their mother's fortune.
Financial Assets
Monthly wealth history
Fortune comparison
Historical data not available for comparison