Ye Shanqun & family

Source of wealth: manufactured goods

77 years male Manufacturing 🇨🇳 CN

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 Ye Shanqun & family's fortune with the healthcare spending of a massive country

Ye Shanqun & family could fund the entire healthcare system of DR Congo, with a population of over 105,800,000 people, for approximately 0.6 years.

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

On the other end, Ye Shanqun & family could cover the healthcare spending of Luxembourg, considered the most heavily funded healthcare system in the world, for 0.3 years.

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Education

Buying the future

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

Ye Shanqun & family could cover the total cost of Nigeria's education system, the most populous country in Africa with over 243,000,000 inhabitants, for 0.4 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 Ye Shanqun & family could pay for it entirely for 0.6 years.

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Research

The monopoly on progress

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

Ye Shanqun & 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 2.3 years.

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

But even if we compare the total wealth of Ye Shanqun & 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

Ye Shanqun & family's fortune is equivalent to 10 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.

Ye Shanqun & family could buy 2,539,655 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 0 trucks to transport them. Although Ye Shanqun & family will almost certainly have enough money left over to pay for the gas.

Biography

Ye Shanqun derives his wealth from Zhejiang Shuanghuan Driveline, which he founded in 1980.

For more than 40 years, the company has been in the mechanical transmission business and is a leading global manufacturer in the gear component industry.

Its customers include Cummins, Caterpillar, as well as SAIC Motor, China's largest automaker.

He took the company public in Shenzhen in 2010.