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#1199

William Wrigley Jr

Source of wealth: Chewing gum

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 William Wrigley Jr's fortune with the healthcare spending of a massive country

William Wrigley Jr could fund the entire healthcare system of DR Congo, with a population of over 105,800,000 people, for approximately 1.6 years.

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

On the other end, William Wrigley Jr could cover the healthcare spending of Luxembourg, considered the most heavily funded healthcare system in the world, for 0.7 years.

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Education

Buying the future

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

William Wrigley Jr could cover the total cost of Nigeria's education system, the most populous country in Africa with over 243,000,000 inhabitants, for 1.0 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 Wrigley Jr could pay for it entirely for 1.4 years.

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Research

The monopoly on progress

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

William Wrigley Jr could fully fund the state research budget of Pakistan, the fifth most populous country in the world with over 260,000,000 inhabitants, for 6.0 years.

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

But even if we compare the total wealth of William Wrigley Jr 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

William Wrigley Jr's fortune is equivalent to 24 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.

William Wrigley Jr could buy 6,524,470 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 Wrigley Jr will almost certainly have enough money left over to pay for the gas.

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Biography

William "Beau" Wrigley Jr. is an heir to the Wrigley's chewing gum fortune.

In 1999, he took over the business his great-grandfather started in 1891.

Wrigley Jr., who was CEO, expanded the company in 2005 by purchasing Altoids and Life Savers from Kraft Foods for $1.46 billion.

In 2008, he sold the Chicago-based firm to candy giant Mars Inc. for $23 billion in cash.

Wrigley became CEO of cannabis product-maker Parallel in 2018.

A 2021 SPAC deal to take Parallel public fell through and Wrigley stepped down as CEO. The company is now embroiled in lawsuits waged by investors.

Financial Assets

Financial assets information not available.

Monthly wealth history

Fortune comparison

Historical data not available for comparison

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