Looking at the wealth of classes.

Discussion in 'Religion & Philosophy' started by delade, Sep 2, 2018.

  1. delade

    delade Well-Known Member

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    • The base comprises adults with less than $10,000 in wealth. This is the bulk of the global population -- 71 percent, to be exact, who altogether own only 3 percent of global wealth, according to Credit Suisse data.

    • The next level up, with wealth of $10,000 to $100,000, contains 21 percent of the world's population, but has 12.5 percent of its wealth.

    • The next level, from $100,000 to $1 million, has just 7.3 percent of the population and about 40 percent of the wealth.

    • And at the very top of the pyramid are those with over $1 million in wealth. This group contains only 0.7 percent of the world's adults, but collectively they own 45 percent of the world's assets, says Credit Suisse.

    $10,000 - over $1 Million = 12.5% + 40% + 45% of wealth ownerships; or 97.5% of world's assets.


    71% of the World population is in the 3% of ownership or less than $10,000.
    21% + 7.3% +0.7% = Percentage of World population with over 10,000 ... or.... 29%



    So basically, 29% of the World Population owns over 97.5% of World Assets/wealth.


    https://www.washingtonpost.com/news...lize-it/?noredirect=on&utm_term=.c53940ff8dcc
     
    Last edited: Sep 2, 2018
  2. delade

    delade Well-Known Member

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    If you take the 7.6 Billion human population and find 29% of that, you get... 2,204,000,000 billion persons with the remaining 5,396,000,000 being in the less than 10,000$ level.
     
  3. jmblt2000

    jmblt2000 Well-Known Member

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    When I retire in the next couple of years I will voluntarily go to the less than $10k a year. SeeI Iam already looking and planning my off the grid home in Alaska, where I can hunt and fish to my heart's content. I will work at surviving, not a job.y only income will be from my assets and the Alaska dividend. I don't plan on trapping for a living...just hunting and fishing. I will probably take my weldrs up there to have some type of trade set up and maybe do some recreational blacksmithing .
     

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