Wilma Tisch
Source of wealth: Loews
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The scale of their wealth
Health
The price of life
Let's compare Wilma Tisch's fortune with the healthcare spending of a massive country
Wilma Tisch could fund the entire healthcare system of DR Congo, with a population of over 105,800,000 people, for approximately 1.0 years.
But even if we compare their fortune with that of a rich country
On the other end, Wilma Tisch could cover the healthcare spending of Luxembourg, considered the most heavily funded healthcare system in the world, for 0.4 years.
Education
Buying the future
Let's also compare their fortune with education spending, first with a poor country
Wilma Tisch 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 Wilma Tisch could pay for it entirely for 0.9 years.
Research
The monopoly on progress
Coming full circle, we think it's also interesting to add another gigantic country
Wilma Tisch could fully fund the state research budget of Pakistan, the fifth most populous country in the world with over 260,000,000 inhabitants, for 3.6 years.
And of course, the country that invests the most per capita worldwide
But even if we compare the total wealth of Wilma Tisch 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
Wilma Tisch's fortune is equivalent to 15 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 $549.34.
Wilma Tisch could buy 3,892,639 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 Wilma Tisch will almost certainly have enough money left over to pay for the gas.
Biography
Wilma Tisch owes her fortune to her late husband Laurence (d. 2003) and his brother Bob, who started Loews Corp as a New Jersey hotel venture in 1946.
Wilma's son James is the president and CEO of publicly traded Loews, which now has interests in drilling, natural gas pipelines and insurance.
Her sister-in law Joan Tisch, also a billionaire, died in 2017; Wilma's son Andrew co-chairs Loews' board with Joan's son Jonathan.
At NYU, the Tisch family donated funds to support the Tisch School of the Arts and the Tisch Hospital at Langone Medical Center.
Wilma donates some of her Loews shares annually to her three children's charitable foundations.
Financial Assets
Monthly wealth history
Fortune comparison
Historical data not available for comparison