Zachary Stern
Source of wealth: Liquor
...
...
The scale of their wealth
Health
The price of life
Let's compare Zachary Stern's fortune with the healthcare spending of a massive country
Zachary Stern could fund the entire healthcare system of DR Congo, with a population of over 105,800,000 people, for approximately 0.5 years.
But even if we compare their fortune with that of a rich country
On the other end, Zachary Stern could cover the healthcare spending of Luxembourg, considered the most heavily funded healthcare system in the world, for 0.2 years.
Education
Buying the future
Let's also compare their fortune with education spending, first with a poor country
Zachary Stern could cover the total cost of Nigeria's education system, the most populous country in Africa with over 243,000,000 inhabitants, for 0.3 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 Zachary Stern could pay for it entirely for 0.4 years.
Research
The monopoly on progress
Coming full circle, we think it's also interesting to add another gigantic country
Zachary Stern could fully fund the state research budget of Pakistan, the fifth most populous country in the world with over 260,000,000 inhabitants, for 1.7 years.
And of course, the country that invests the most per capita worldwide
But even if we compare the total wealth of Zachary Stern 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 0.0 years.
Gold
Everyday luxuries
Zachary Stern's fortune is equivalent to 7 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.
Zachary Stern could buy 1,851,368 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 Zachary Stern will almost certainly have enough money left over to pay for the gas.
Biography
Zachary Stern's grandfather, Marvin Sands, founded a humble wine business in 1945 at age 21.
That small operation has mushroomed into a publicly-traded behemoth now called Constellation Brands, which generates nearly $10 billion in annual revenue.
The company is known for its relentless streak of acquisitions. Subsidiaries include Robert Mondavi wine and Svedka Vodka.
Constellation also holds the rights to Grupo Modelo's U.S. beer business, including its Modelo and Corona labels.
Stern's uncles, Robert and Richard Sands, are former executives and current board members. His sister, Abigail Bennett, is also a billionaire.
The family received $1.5 billion (pre-tax) of cash to convert its enhanced voting shares to ordinary shares in 2022.
Financial Assets
Monthly wealth history
Fortune comparison
Historical data not available for comparison