Thomas Kaeser
Source of wealth: air systems
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The scale of their wealth
Health
The price of life
Let's compare Thomas Kaeser's fortune with the healthcare spending of a massive country
Thomas Kaeser could fund the entire healthcare system of DR Congo, with a population of over 105,800,000 people, for approximately 2.8 years.
But even if we compare their fortune with that of a rich country
On the other end, Thomas Kaeser could cover the healthcare spending of Luxembourg, considered the most heavily funded healthcare system in the world, for 1.2 years.
Education
Buying the future
Let's also compare their fortune with education spending, first with a poor country
Thomas Kaeser could cover the total cost of Nigeria's education system, the most populous country in Africa with over 243,000,000 inhabitants, for 1.8 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 Thomas Kaeser could pay for it entirely for 2.5 years.
Research
The monopoly on progress
Coming full circle, we think it's also interesting to add another gigantic country
Thomas Kaeser could fully fund the state research budget of Pakistan, the fifth most populous country in the world with over 260,000,000 inhabitants, for 10.5 years.
And of course, the country that invests the most per capita worldwide
But even if we compare the total wealth of Thomas Kaeser 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 0.2 years.
Gold
Everyday luxuries
Thomas Kaeser's fortune is equivalent to 43 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.
Thomas Kaeser could buy 11,459,262 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 2 trucks to transport them. Although Thomas Kaeser will almost certainly have enough money left over to pay for the gas.
Biography
Thomas Kaeser is CEO of Kaeser Compressors, a manufacturer of compressed air systems and vacuum products.
The company was founded in 1919 by Kaeser's grandfather, Carl Kaeser Sr., as a machine workshop, making parts for motor vehicles and engines.
Kaeser was groomed for succession and since 2009 has been responsible for the company's international expansion, which began in the late 1970s.
His son, Alexander Jan, joined the company in 2018 and assists its management.
Kaeser is the sole owner of Kaesar Compressors, which he leads with his wife Tina-Maria Vlantoussi-Kaeser.
Financial Assets
Financial assets information not available.
Monthly wealth history
Fortune comparison
Historical data not available for comparison