The rich people in Europe aren't 100,000x richer than the average individual. They are 5x, sometimes 10x, and very rarely 100x richer. Most of people that were

The rich people in Europe aren't 100,000x richer than the average individual. They are 5x, sometimes 10x, and very rarely 100x richer. Most of people that were considered rich here really got poor, especially since many of them derived income from running service and tourism businesses. The few hyper-rich industrialists who profited are much less than a statistical error. Consider: It is rather usual to be acquainted or even a friend with a dollar millionaire in the US, and low millions "aren't even much", while just few million euro places you near the absolute top in Europe.