Terry Gou
Source of wealth: Electronics
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The scale of their wealth
Health
The price of life
Let's compare Terry Gou's fortune with the healthcare spending of a massive country
Terry Gou could fund the entire healthcare system of DR Congo, with a population of over 105,800,000 people, for approximately 6.8 years.
But even if we compare their fortune with that of a rich country
On the other end, Terry Gou could cover the healthcare spending of Luxembourg, considered the most heavily funded healthcare system in the world, for 3.0 years.
Education
Buying the future
Let's also compare their fortune with education spending, first with a poor country
Terry Gou could cover the total cost of Nigeria's education system, the most populous country in Africa with over 243,000,000 inhabitants, for 4.5 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 Terry Gou could pay for it entirely for 6.1 years.
Research
The monopoly on progress
Coming full circle, we think it's also interesting to add another gigantic country
Terry Gou could fully fund the state research budget of Pakistan, the fifth most populous country in the world with over 260,000,000 inhabitants, for 25.6 years.
And of course, the country that invests the most per capita worldwide
But even if we compare the total wealth of Terry Gou 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 0.6 years.
Gold
Everyday luxuries
Terry Gou's fortune is equivalent to 104 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.
Terry Gou could buy 27,781,799 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 5 trucks to transport them. Although Terry Gou will almost certainly have enough money left over to pay for the gas.
Biography
Terry Gou is the founder of Hon Hai Precision, the world's largest electronics contract manufacturer with over 40% market share, whose top customers include Apple.
He stepped down as the firm's chairman in 2019, after 45 years at the helm; he remains at the firm as a director.
Better known by its trade name, Foxconn, Hon Hai employs 900,000 people during peak season.
The company bought Japanese electronics maker Sharp and Nokia's mobile phone brand in 2016.
In 2019, he withdrew his bid to run for the 2020 presidential election, a few months after announcing his intention. Four years later he entered and withdrew from the race for a second time.
Financial Assets
Monthly wealth history
Fortune comparison
Historical data not available for comparison