Wolfgang Marguerre & family
Source of wealth: Pharmaceuticals
...
...
The scale of their wealth
Health
The price of life
Let's compare Wolfgang Marguerre & family's fortune with the healthcare spending of a massive country
Wolfgang Marguerre & family could fund the entire healthcare system of DR Congo, with a population of over 105,800,000 people, for approximately 3.5 years.
But even if we compare their fortune with that of a rich country
On the other end, Wolfgang Marguerre & family could cover the healthcare spending of Luxembourg, considered the most heavily funded healthcare system in the world, for 1.6 years.
Education
Buying the future
Let's also compare their fortune with education spending, first with a poor country
Wolfgang Marguerre & family could cover the total cost of Nigeria's education system, the most populous country in Africa with over 243,000,000 inhabitants, for 2.3 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 Wolfgang Marguerre & family could pay for it entirely for 3.1 years.
Research
The monopoly on progress
Coming full circle, we think it's also interesting to add another gigantic country
Wolfgang Marguerre & 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 13.1 years.
And of course, the country that invests the most per capita worldwide
But even if we compare the total wealth of Wolfgang Marguerre & 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 0.3 years.
Gold
Everyday luxuries
Wolfgang Marguerre & family's fortune is equivalent to 53 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.
Wolfgang Marguerre & family could buy 14,251,766 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 3 trucks to transport them. Although Wolfgang Marguerre & family will almost certainly have enough money left over to pay for the gas.
Biography
Wolfgang Marguerre founded Octapharma in Switzerland in 1983 and turned it into one of the world's largest manufacturers of blood plasma products.
Positioned in a lucrative market, Octapharma has production plants in six countries, over 11,000 employees and annual revenue of more than 3 billion euros.
The company has research and development and manufacturing operations, and has about 200 donation centers.
Octapharma is also a leading corporate sponsor of Save One Life, an international nonprofit that supports children and adults with blood disorders.
Financial Assets
Financial assets information not available.
Monthly wealth history
Fortune comparison
Historical data not available for comparison