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#2203

Wang Zhenggen

Source of wealth: Solar power equipment

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 Wang Zhenggen's fortune with the healthcare spending of a massive country

Wang Zhenggen could fund the entire healthcare system of DR Congo, with a population of over 105,800,000 people, for approximately 0.9 years.

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

On the other end, Wang Zhenggen could cover the healthcare spending of Luxembourg, considered the most heavily funded healthcare system in the world, for 0.4 years.

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Education

Buying the future

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

Wang Zhenggen could cover the total cost of Nigeria's education system, the most populous country in Africa with over 243,000,000 inhabitants, for 0.6 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 Wang Zhenggen could pay for it entirely for 0.8 years.

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Research

The monopoly on progress

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

Wang Zhenggen could fully fund the state research budget of Pakistan, the fifth most populous country in the world with over 260,000,000 inhabitants, for 3.2 years.

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

But even if we compare the total wealth of Wang Zhenggen 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 0.1 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

Wang Zhenggen's fortune is equivalent to 13 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.

Wang Zhenggen could buy 3,454,293 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 1 trucks to transport them. Although Wang Zhenggen will almost certainly have enough money left over to pay for the gas.

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Biography

Wang Zhenggen is a director and general manager of Suzhou Maxwell Technologies, a supplier of equipment used in the solar power industry.

Maxwell went public at the Shenzhen Stock Exchange in 2018

The company holds 802 patents and has expanded into markets in Thailand, Turkey, and the United States.

Financial Assets

Exchange
SHENZHEN
Ticker
300751-CN
Company
Suzhou Maxwell Technologies
Exchange
SHENZHEN
Ticker
300751-CN
Company
Suzhou Maxwell Technologies

Monthly wealth history

Fortune comparison

Historical data not available for comparison

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