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> Eighty-two per cent of the wealth generated last year went to the richest one per cent of the global population It's worth noting that in order to be in the
by frenchie14 9y ago
> Eighty-two per cent of the wealth generated last year went to the richest one per cent of the global population
It's worth noting that in order to be in the global top 1% you need an income of $32,000
http://www.globalrichlist.com/#na http://www.globalrichlist.com/#na
- mrarjen 9y agoCorrect, and in many countries with less income the cost of living is also scaled to this. So to get a perfect average the cost of living and income balances need to kind of be adjusted to reflect this...? But then again the top few people who have a lot will earn so much more that they can barely even get rid of their fortunes. And that $32,000 isn't even enough in certain area's to have a house to live in and food security...
- AndrewDucker 9y agoNo. That's income. To be in the top 1% of the global wealthiest you need 720,000 Euros (880,000 dollars).