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#2730

Tang Xiuguo

Source of wealth: Manufacturing

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 Tang Xiuguo's fortune with the healthcare spending of a massive country

Tang Xiuguo could fund the entire healthcare system of DR Congo, with a population of over 105,800,000 people, for approximately 0.6 years.

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

On the other end, Tang Xiuguo could cover the healthcare spending of Luxembourg, considered the most heavily funded healthcare system in the world, for 0.3 years.

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Education

Buying the future

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

Tang Xiuguo could cover the total cost of Nigeria's education system, the most populous country in Africa with over 243,000,000 inhabitants, for 0.4 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 Tang Xiuguo could pay for it entirely for 0.6 years.

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Research

The monopoly on progress

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

Tang Xiuguo could fully fund the state research budget of Pakistan, the fifth most populous country in the world with over 260,000,000 inhabitants, for 2.4 years.

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

But even if we compare the total wealth of Tang Xiuguo 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

Tang Xiuguo's fortune is equivalent to 10 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.

Tang Xiuguo could buy 2,600,894 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 Tang Xiuguo will almost certainly have enough money left over to pay for the gas.

Biography

Tang Xiuguo is one of four founders of Sany Group, one of China's largest suppliers of construction equipment.

He has been the director and president of Sany Group since 2002.

Sany's holding company was founded in Hunan Province in 1989 as a small welding material factory.

Tang holds a bachelor degree in metallic materials from Central South University in 1983.

Financial Assets

Exchange
HONG KONG
Ticker
631-HK
Company
Sany Heavy Equipment International Holdings Co Ltd
Exchange
SHANGHAI
Ticker
600031-CN
Company
Sany Heavy Industry
Exchange
SHANGHAI
Ticker
600031-CN
Company
Sany Heavy Industry

Monthly wealth history

Fortune comparison

Historical data not available for comparison

Modules

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