William Foley II
Source of wealth: Financial services
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The scale of their wealth
Health
The price of life
Let's compare William Foley II's fortune with the healthcare spending of a massive country
William Foley II could fund the entire healthcare system of DR Congo, with a population of over 105,800,000 people, for approximately 1.2 years.
But even if we compare their fortune with that of a rich country
On the other end, William Foley II could cover the healthcare spending of Luxembourg, considered the most heavily funded healthcare system in the world, for 0.5 years.
Education
Buying the future
Let's also compare their fortune with education spending, first with a poor country
William Foley II could cover the total cost of Nigeria's education system, the most populous country in Africa with over 243,000,000 inhabitants, for 0.8 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 William Foley II could pay for it entirely for 1.0 years.
Research
The monopoly on progress
Coming full circle, we think it's also interesting to add another gigantic country
William Foley II could fully fund the state research budget of Pakistan, the fifth most populous country in the world with over 260,000,000 inhabitants, for 4.4 years.
And of course, the country that invests the most per capita worldwide
But even if we compare the total wealth of William Foley II 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.
Gold
Everyday luxuries
William Foley II's fortune is equivalent to 18 tons of gold. It's hard to process, since we don't usually keep a handful of gold bars in our piggy banks.
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.
William Foley II could buy 4,759,748 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 William Foley II will almost certainly have enough money left over to pay for the gas.
Biography
William "Bill" Foley II founded title insurance company Fidelity National Financial in 1984 and still serves as its chairman.
He also served as chairman of Black Knight, a software and data provider for the mortgage industry, and Fidelity National Information Services.
With decades of experience overseeing acquisitions, sales and spinoffs of public companies, Foley was quick to capitalize on Wall Street's SPAC boom.
A serial dealmaker, he has sponsored 6 blank-check companies; one that has gone public merged in March 2021 with payments firm Paysafe.
In 2016, Foley paid $500 million to purchase the Vegas Golden Knights hockey team, which played its inaugural NHL season in 2017.
Financial Assets
Monthly wealth history
Fortune comparison
Historical data not available for comparison