Thomas Secunda
Source of wealth: Bloomberg LP
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The scale of their wealth
Health
The price of life
Let's compare Thomas Secunda's fortune with the healthcare spending of a massive country
Thomas Secunda could fund the entire healthcare system of DR Congo, with a population of over 105,800,000 people, for approximately 2.6 years.
But even if we compare their fortune with that of a rich country
On the other end, Thomas Secunda could cover the healthcare spending of Luxembourg, considered the most heavily funded healthcare system in the world, for 1.1 years.
Education
Buying the future
Let's also compare their fortune with education spending, first with a poor country
Thomas Secunda could cover the total cost of Nigeria's education system, the most populous country in Africa with over 243,000,000 inhabitants, for 1.7 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 Secunda could pay for it entirely for 2.3 years.
Research
The monopoly on progress
Coming full circle, we think it's also interesting to add another gigantic country
Thomas Secunda could fully fund the state research budget of Pakistan, the fifth most populous country in the world with over 260,000,000 inhabitants, for 9.6 years.
And of course, the country that invests the most per capita worldwide
But even if we compare the total wealth of Thomas Secunda 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 Secunda's fortune is equivalent to 39 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 Secunda could buy 10,461,608 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 Secunda will almost certainly have enough money left over to pay for the gas.
Biography
Thomas Secunda is a cofounder of financial information and media company Bloomberg LP.
He built many of the company's financial products, most notably its lucrative terminal business.
Terminals account for an estimated two-thirds of Bloomberg LP's nearly $15 billion in estimated revenue.
He holds a 4% stake in Bloomberg LP and still serves as vice chairman.
Secunda helped spearhead recovery efforts in the U.S. Virgin Islands in the wake of devastating hurricanes in 2017.
Financial Assets
Financial assets information not available.
Monthly wealth history
Fortune comparison
Historical data not available for comparison