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#906

Walter Frey

Source of wealth: Car dealerships

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 Walter Frey's fortune with the healthcare spending of a massive country

Walter Frey could fund the entire healthcare system of DR Congo, with a population of over 105,800,000 people, for approximately 2.1 years.

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

On the other end, Walter Frey could cover the healthcare spending of Luxembourg, considered the most heavily funded healthcare system in the world, for 0.9 years.

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Education

Buying the future

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

Walter Frey could cover the total cost of Nigeria's education system, the most populous country in Africa with over 243,000,000 inhabitants, for 1.4 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 Walter Frey could pay for it entirely for 1.9 years.

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Research

The monopoly on progress

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

Walter Frey could fully fund the state research budget of Pakistan, the fifth most populous country in the world with over 260,000,000 inhabitants, for 7.9 years.

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

But even if we compare the total wealth of Walter Frey 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

Walter Frey's fortune is equivalent to 32 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.

Walter Frey could buy 8,597,807 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 Walter Frey will almost certainly have enough money left over to pay for the gas.

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Biography

Walter Frey inherited his father's auto dealership group. In 1926, Emil Frey opened an automotive repair shop that became the Emil Frey Group.

The company is now the largest auto dealer in Europe with operations in service, dealerships, and financing.

Like his father, Walter was an accomplished race car driver. Walter controls the company but his interests also extend to politics and sports.

He served in the Swiss parliament from 1987 to 2001; he is also president of Zurich ice hockey club ZSC Lions.

He once held a 50% stake in now-defunct free weekly Zurich newspaper Zuri-Woche, and sat on the board of Swiss pharmaceuticals giant Roche.

Financial Assets

Financial assets information not available.

Monthly wealth history

Fortune comparison

Historical data not available for comparison

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