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Vincent Viola
#517

Vincent Viola

Source of wealth: Electronic trading

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 Vincent Viola's fortune with the healthcare spending of a massive country

Vincent Viola could fund the entire healthcare system of DR Congo, with a population of over 105,800,000 people, for approximately 3.3 years.

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

On the other end, Vincent Viola could cover the healthcare spending of Luxembourg, considered the most heavily funded healthcare system in the world, for 1.5 years.

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Education

Buying the future

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

Vincent Viola could cover the total cost of Nigeria's education system, the most populous country in Africa with over 243,000,000 inhabitants, for 2.2 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 Vincent Viola could pay for it entirely for 2.9 years.

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Research

The monopoly on progress

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

Vincent Viola could fully fund the state research budget of Pakistan, the fifth most populous country in the world with over 260,000,000 inhabitants, for 12.3 years.

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

But even if we compare the total wealth of Vincent Viola 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 0.3 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

Vincent Viola's fortune is equivalent to 50 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.

Vincent Viola could buy 13,409,680 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 Vincent Viola will almost certainly have enough money left over to pay for the gas.

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Biography

The son of a truck driver from Brooklyn, Vincent Viola started electronic-trading firm Virtu Financial in 2008 and took the company public in 2015.

Market-maker Virtu completed a series of secondary offerings in May 2019 to help repurchase more than $500 million in stock from Viola.

Viola splurged on real estate with stock sale proceeds, buying a beachfront Florida condo and spending $108 million on Arizona's tallest skyscraper.

Viola is the owner of the NHL's Florida Panthers. He graduated from West Point in 1977 and New York Law School in 1983.

In 2003 he founded the Combating Terrorism Center at West Point to provide education and research about global terrorism.

Financial Assets

Exchange
NASDAQ
Ticker
IBTX-US
Company
Independent Bank Group
Exchange
NYSE
Ticker
SSB-US
Company
SouthState Corporation
Exchange
NYSE
Ticker
VIRT-US
Company
Virtu Financial
Exchange
NYSE
Ticker
VIRT-US
Company
Virtu Financial

Monthly wealth history

Fortune comparison

Historical data not available for comparison

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