4 ms·
i find it interesting that top 10%, 5%, 1% wealth are inversely proportional... 1 mil, 2mil, 10mil. Top 1%. Interestingly, 0.1% 'only' owns $45mil, and 0.01%
by pcurve 7y ago
i find it interesting that top 10%, 5%, 1% wealth are inversely proportional... 1 mil, 2mil, 10mil. Top 1%.
Interestingly, 0.1% 'only' owns $45mil, and 0.01% owns $111 mil. It sounds rare, until 1 out of 10,000 own $111 mil.
- programmertote 7y agoI think it's household, so maybe multiply by the number of average people in a household (say 2.6 is US average household size, so we can say 1 out of 26K owns $111m)?