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Just curious where you got the number $500,000 I've heard ballpark estimates that the total wealth of the U.S., the sum of all assets (bridges, buildings, comp
by fadmmatt 17y ago
Just curious where you got the number $500,000
I've heard ballpark estimates that the total wealth of the U.S., the sum of all assets (bridges, buildings, companies, cars) minus debts is roughly $80-$90 trillion. Wikipedia seems to think it's nearer to $60 trillion.
Assuming $90 trillion and 300mil people, if we divided up the wealth of everyone (not just the top 1%) and redstributed, we'd only get to $300,000 per person. If the top 1% hold a third of all wealth, you've got at most $100,000 per person.
- Zak 17y agoI imagine he made it up. The number itself doesn't matter; you probably believe it is in your interest to have an extra $100,000.