Stephen Schwarzman
You may have not heard of Stephen Schwarzman before, but he is a self-made millionaire through very clever investments. However, his name might sound familiar due to the fact that he was Donald Trump’s Chairman of the Strategic and Policy Forum for about seven months before the position was abolished (yikes!).
With a net worth estimated to be $36,100,000,000 (we cannot easily read that either), Schwarzman could buy approximately 9 cities, including Philly, Dallas, Houston, and even Los Angeles. The city with the biggest debt is Philadelphia, and even then, paying it would mean just about 38% of Schwarzman’s net worth.
Michael Dell
His name might ring a bell or two, considering the fact that Michael is the founder and owner of the computer hardware company, Dell, named after himself. It is needless to say that the man made a fortune, and he continues to do so, as even 38 years after the company was founded, he continues to be the chairman and CEO.
His net worth is even bigger, estimated at about $53.1 billion, however, he could buy fewer cities than Stephen Schwarzman. It may come as a surprise that someone who is considered so much wealthier could only buy 7 cities. Yet, that comes out of the fact that while for Schwarzman Philly was as high as he could go, Dell could buy a city with a bigger debt: Chicago. To put it into perspective, Chicago’s debt is three times as big as Philadelphia’s, and for Dell paying Philadelphia’s debt would mean just 25% of his net worth, while Chicago’s would mean 68%. That is still a lot of money…
Leave a Reply