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#821

Walther Moreira Salles Junior

Source of wealth: Banking, minerals

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 Walther Moreira Salles Junior's fortune with the healthcare spending of a massive country

Walther Moreira Salles Junior could fund the entire healthcare system of DR Congo, with a population of over 105,800,000 people, for approximately 2.3 years.

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

On the other end, Walther Moreira Salles Junior could cover the healthcare spending of Luxembourg, considered the most heavily funded healthcare system in the world, for 1.0 years.

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Education

Buying the future

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

Walther Moreira Salles Junior could cover the total cost of Nigeria's education system, the most populous country in Africa with over 243,000,000 inhabitants, for 1.5 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 Walther Moreira Salles Junior could pay for it entirely for 2.1 years.

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Research

The monopoly on progress

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

Walther Moreira Salles Junior could fully fund the state research budget of Pakistan, the fifth most populous country in the world with over 260,000,000 inhabitants, for 8.7 years.

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

But even if we compare the total wealth of Walther Moreira Salles Junior 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

Walther Moreira Salles Junior's fortune is equivalent to 35 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.

Walther Moreira Salles Junior could buy 9,416,585 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 Walther Moreira Salles Junior will almost certainly have enough money left over to pay for the gas.

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Biography

Walther Moreira Salles Junior (also known as Walter Salles) is a Brazilian filmmaker and member of one of Brazil's oldest banking families.

His late father, Walther Moreira Salles, was the founder of Unibanco and a former ambassador to the United States.

In 2008 Unibanco merged with Itau, then Brazil's second-largest commercial bank, creating Itau-Unibanco, the largest bank in Latin America.

Moreira Salles and his three brothers, all billionaires, also own stakes in CBMM, the world's leading supplier of the mineral niobium.

Moreira Salles directed more than 20 films, including 'The Motorcycle Diaries' and 1998 Academy Award nominee 'Central Station.'

Financial Assets

Exchange
SAO PAULO
Ticker
ITUB3-BR
Company
Itau Unibanco Holdings Common
Exchange
NASDAQ
Ticker
XP-US
Company
XP, Inc

Monthly wealth history

Fortune comparison

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