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#2240

Xu Chuanhua & family

Source of wealth: Chemicals, logistics

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 Xu Chuanhua & family's fortune with the healthcare spending of a massive country

Xu Chuanhua & family could fund the entire healthcare system of DR Congo, with a population of over 105,800,000 people, for approximately 0.8 years.

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

On the other end, Xu Chuanhua & family could cover the healthcare spending of Luxembourg, considered the most heavily funded healthcare system in the world, for 0.4 years.

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Education

Buying the future

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

Xu Chuanhua & family could cover the total cost of Nigeria's education system, the most populous country in Africa with over 243,000,000 inhabitants, for 0.5 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 Xu Chuanhua & family could pay for it entirely for 0.7 years.

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Research

The monopoly on progress

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

Xu Chuanhua & 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 3.1 years.

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

But even if we compare the total wealth of Xu Chuanhua & 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 0.1 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

Xu Chuanhua & family's fortune is equivalent to 13 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.

Xu Chuanhua & family could buy 3,389,636 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 Xu Chuanhua & family will almost certainly have enough money left over to pay for the gas.

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Biography

Xu Chuanhua founded a small family workshop to produce liquid soap and detergent in 1986 when he was 52 years old.

Today, his Transfar Group generates most of its business from logistics and chemicals. It also operates in agribusiness and investment industries.

Xu has retired from daily operations, handing reins to sons Guanju and Guanbao, who are chairman and vice chairman of Transfar Group respectively.

Financial Assets

Exchange
SHENZHEN
Ticker
002010-CN
Company
Transfar Zhilian
Exchange
SHANGHAI
Ticker
600596-CN
Company
Zhejiang Xinan Chemical Industrial Group

Monthly wealth history

Fortune comparison

Historical data not available for comparison

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