Correct. I found these numbers for global wealth: "[...] it takes around USD 1.1 million in net worth to land in the global top 1%, around USD 175,000 for the top 10%, and around USD 8,700 for the top 50%." If you have about 9000 USD you are richer than half the planet. If you own even a moderate home, you're in the top 10%.
The study was talking about income, this is from 2021 but shows the threshold to be top 10% in income globally is $37k, so maybe up to $45k now, so yeah probably most people reading this.
14 Comments
atomicbocks@sh.itjust.works · 39 pts · 8d
I hate to point it out but the richest 10% includes most people in the west. Like if you’re reading this you’re probably in the richest 10%.
To be in the richest 10% of Americans you only have to be worth about $1.5 million. Which is most boomers and genxers with a house and a retirement.
state_electrician@discuss.tchncs.de · 20 pts · 8d
Correct. I found these numbers for global wealth: "[...] it takes around USD 1.1 million in net worth to land in the global top 1%, around USD 175,000 for the top 10%, and around USD 8,700 for the top 50%." If you have about 9000 USD you are richer than half the planet. If you own even a moderate home, you're in the top 10%.
Not_mikey@lemmy.dbzer0.com · 5 pts · 7d
The study was talking about income, this is from 2021 but shows the threshold to be top 10% in income globally is $37k, so maybe up to $45k now, so yeah probably most people reading this.
Derpenheim@lemmy.zip · 4 pts · 8d
I can confidently say I am not even in the top 50% richest americans.
yakko@feddit.uk · 1 pts · 8d
Bold of you to assume most people don't see that group as their enemy
atomicbocks@sh.itjust.works · 4 pts · 8d
As a Native American I resent being somebody’s enemy just because I happen to be born into a place where I my family was forced.
Dojan@pawb.social · 13 pts · 8d
I mean it’s nice we have another paper for this. I’m sure it’s no surprise to anyone though.
lmdnw@lemmy.world · 9 pts · 8d
Need to kill more rich people and the security that defend them is what I take away from that.
Luigi Mangione Did Nothing Wrong
VibeSurgeon@piefed.social · 9 pts · 8d
I mean that's basically just Western Europe+the U.S+Canada+a few of the wealthier nations in Asia
yucandu@lemmy.world · 0 pts · 8d
It's mostly just China and India.
VibeSurgeon@piefed.social · 3 pts · 8d
China and India would be more than 10% of the world's population, but they are not the 10% richest
GodIsNull@discuss.tchncs.de · 5 pts · 8d
Burn the rich, not dinosaurs.
sp3ctr4l@lemmy.dbzer0.com · 5 pts · 8d
Burn the witch?
Boooo.
Burn the rich?
-/finger guns/-
yakko@feddit.uk · 4 pts · 8d
🔥