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#2089

Wenaas Lars

Source of wealth: hotels

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 Wenaas Lars's fortune with the healthcare spending of a massive country

Wenaas Lars 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, Wenaas Lars 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

Wenaas Lars 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 Wenaas Lars 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

Wenaas Lars could fully fund the state research budget of Pakistan, the fifth most populous country in the world with over 260,000,000 inhabitants, for 3.4 years.

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

But even if we compare the total wealth of Wenaas Lars 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

Wenaas Lars's fortune is equivalent to 14 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.

Wenaas Lars could buy 3,655,280 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 Wenaas Lars will almost certainly have enough money left over to pay for the gas.

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Biography

Lars Wenaas is the owner of Wenaasgruppen, a hotel property empire with 18 hotels and 7,800 rooms across Europe.

Wenaasgruppen also manages a portfolio of listed stocks and bonds through its financial investment arm.

Wenaas began in the family's workwear business before shifting to hotel real estate investments in the 1990s.

The group has acquired or developed over 58 hotels, including Radisson Blu Plaza in Oslo and hotels in Copenhagen.

Financial Assets

Financial assets information not available.

Monthly wealth history

Fortune comparison

Historical data not available for comparison

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