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Xu Shihui
#506

Xu Shihui

Source of wealth: Snacks, beverages

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 Shihui's fortune with the healthcare spending of a massive country

Xu Shihui could fund the entire healthcare system of DR Congo, with a population of over 105,800,000 people, for approximately 3.4 years.

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

On the other end, Xu Shihui could cover the healthcare spending of Luxembourg, considered the most heavily funded healthcare system in the world, for 1.5 years.

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Education

Buying the future

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

Xu Shihui could cover the total cost of Nigeria's education system, the most populous country in Africa with over 243,000,000 inhabitants, for 2.2 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 Shihui could pay for it entirely for 3.0 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 Shihui could fully fund the state research budget of Pakistan, the fifth most populous country in the world with over 260,000,000 inhabitants, for 12.6 years.

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

But even if we compare the total wealth of Xu Shihui 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.

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 Shihui's fortune is equivalent to 51 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 Shihui could buy 13,684,176 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 Xu Shihui will almost certainly have enough money left over to pay for the gas.

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Biography

Xu Shihui is the chairman of Chinese snack and beverage maker Dali Foods Group.

Xu started out in the cookie business and took the food empire public in 2015. Today it is best known for its Copico potato chips, Heqizheng herbal tea and Haochidian soda crackers.

Citing reasons including unsatisfactory share performance, Xu took Hong Kong-listed Dali private in 2023 in a deal that values it at $6.6 billion.

Xu's daughter Xu Yangyang is a Dali vice president and executive director.

Financial Assets

Exchange
HONG KONG
Ticker
3799-HK
Company
Dali Foods Group Co.

Monthly wealth history

Fortune comparison

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