William Goldring & family
Source of wealth: Liquor
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The scale of their wealth
Health
The price of life
Let's compare William Goldring & family's fortune with the healthcare spending of a massive country
William Goldring & family could fund the entire healthcare system of DR Congo, with a population of over 105,800,000 people, for approximately 2.7 years.
But even if we compare their fortune with that of a rich country
On the other end, William Goldring & family could cover the healthcare spending of Luxembourg, considered the most heavily funded healthcare system in the world, for 1.2 years.
Education
Buying the future
Let's also compare their fortune with education spending, first with a poor country
William Goldring & family could cover the total cost of Nigeria's education system, the most populous country in Africa with over 243,000,000 inhabitants, for 1.8 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 Goldring & family could pay for it entirely for 2.4 years.
Research
The monopoly on progress
Coming full circle, we think it's also interesting to add another gigantic country
William Goldring & family could fully fund the state research budget of Pakistan, the fifth most populous country in the world with over 260,000,000 inhabitants, for 10.1 years.
And of course, the country that invests the most per capita worldwide
But even if we compare the total wealth of William Goldring & family 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.
Gold
Everyday luxuries
William Goldring & family's fortune is equivalent to 41 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 Goldring & family could buy 10,971,796 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 William Goldring & family will almost certainly have enough money left over to pay for the gas.
Biography
William Goldring's Sazerac Company owns some 500 alcohol brands and a dozen distilleries in the U.S., Canada, France, Ireland and India.
The $3 billion (est. sales) business produces storied spirits such Pappy Van Winkle and George T. Stagg, but has ballooned in size thanks to lower-shelf offerings like Fireball Cinnamon Whisky.
Goldring took over the alcohol business built up by his father, Stephen Goldring (d. 1996), in the 1960s.
He grew the family's wholesaling operations, selling their stake in 2010 for an estimated $400 million, and bought up spirits brands such as Southern Comfort, Goldschlager and Myers's Rum.
In 2024 Sazerac acquired BuzzBallz line of premixed cocktails for an estimated $400 million.
Financial Assets
Financial assets information not available.
Monthly wealth history
Fortune comparison
Historical data not available for comparison