3 ms·
I'm not sure where your numbers come from, but your off by 2 orders of magnitude (are you talking income?). According to Wikipedia the wealth of the top 1% is
by cycomanic 7y ago
I'm not sure where your numbers come from, but your off by 2 orders of magnitude (are you talking income?). According to Wikipedia the wealth of the top 1% is 29 trillion (https://en.m.wikipedia.org/wiki/Wealth_inequality_in_the_United_States https://en.m.wikipedia.org/wiki/Wealth_inequality_in_the_Uni...).
- MaximumYComb 7y agoThe wealth of the top 4 richest people is ~300 billion, he's way off.
- dmytroi 7y agoI've took it from [0]. It does seems like numbers are very approximate everywhere, but even than, let's take 29 trillion and distribute it between 327 million population: we get 88.6k$ per person, still not enough to buy housing in most parts of US. - [0] https://www.businessinsider.com/the-1-percent-dont-know-what-to-do-with-money-2019-6 https://www.businessinsider.com/the-1-percent-dont-know-what...
- cambalache 7y agoOnly if you think of single-occupancy homes. A married couple with 2 kids will be around 350k USD, peanuts for California but enough to buy a home for the family in many places in the US.