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You're looking at the mean which includes billionaire disposable income. Look at the median for a more realistic picture (scroll down 1 grid).
by Clubber 5y ago
You're looking at the mean which includes billionaire disposable income. Look at the median for a more realistic picture (scroll down 1 grid).
- tomp 5y agoI doubt many billionaires have income. Although you're partially right, I'm not sure which is a better metric. Probably depends on where in the distribution you are (above or below the median).
- Clubber 5y ago>I doubt many billionaires have income. Realized capital gains, dividend income, income on rents. I'm not sure how the calculate disposable income. If I have 200M in stock that I could sell, is that considered disposable income? If I earn 2M in dividends that I reinvest, is that considered disposable?
- baq 5y agofor this exercise, I'd consider 'loans against equity' to be disposable income.