To underscore how ridiculously rich the rich are in developing countries, one can take a look at country sheets in World Inequality Report 2022 (1) Adjusted fo

To underscore how ridiculously rich the rich are in developing countries, one can take a look at country sheets in World Inequality Report 2022 (1) Adjusted for price level, excluding the top 1%, and focusing on the 90-99% percentile: income in the UK is $117k. That's less than in Chile ($130k), Turkey ($149k), and comparable to Mexico ($99k) or South Africa ($82k). Meanwhile, the bottom 50% in the UK earn 3-10x of what their peers in the aforementioned countries do. And UK is hardly a paragon of equality to begin with Another sobering fact from the linked report - of the countries where the 90-99th percentile earns surprisingly good bucks - all have a large impoverished underclass: Israel, Chile, South Africa, Mexico, USA, Korea, Russia, Brazil (1) https://wir2022.wid.world/download/ https://wir2022.wid.world/download/