... earned:
This session: ...
Per second: ...
← Back to list
👤
#793

Torbjorn Tornqvist

Source of wealth: Oil trading

Net Worth

...

Earnings per second

...

The scale of their wealth

🏥

Health

The price of life

Let's compare Torbjorn Tornqvist's fortune with the healthcare spending of a massive country

Torbjorn Tornqvist could fund the entire healthcare system of DR Congo, with a population of over 105,800,000 people, for approximately 2.4 years.

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

On the other end, Torbjorn Tornqvist 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

Torbjorn Tornqvist could cover the total cost of Nigeria's education system, the most populous country in Africa with over 243,000,000 inhabitants, for 1.6 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 Torbjorn Tornqvist could pay for it entirely for 2.1 years.

🔬

Research

The monopoly on progress

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

Torbjorn Tornqvist could fully fund the state research budget of Pakistan, the fifth most populous country in the world with over 260,000,000 inhabitants, for 9.0 years.

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

But even if we compare the total wealth of Torbjorn Tornqvist 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.

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

Torbjorn Tornqvist's fortune is equivalent to 37 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.

Torbjorn Tornqvist could buy 9,791,780 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 Torbjorn Tornqvist will almost certainly have enough money left over to pay for the gas.

🚚 🚚

Biography

Torbjörn Törnqvist is the Swedish cofounder of Gunvor, a global energy and commodities group.

Gunvor has a diverse portfolio that includes refineries, pipelines, terminals, LNG carriers, and biofuel and hydrogen plants.

Törnqvist got his start at British Petroleum in 1977, and launched Gunvor in 2000.

He bought out his cofounder Gennady Timchenko in 2014, following the Russian invasion of Crimea.

Törnqvist owned more than 80% of Gunvor until December 2025, when he sold his stake to a group of employees and stepped back from the company.

Financial Assets

Financial assets information not available.

Monthly wealth history

Fortune comparison

Historical data not available for comparison

Modules

Share

𝕏 Share on X 💬 Send via WhatsApp ✈️ Send via Telegram f Share on Facebook