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A digression perhaps, but this "billionaire" thing riles me. 1% is 80 million people, of which 0.003% are billionaires and another 30% millionaires. The remaini
by Arnt 4y ago
A digression perhaps, but this "billionaire" thing riles me. 1% is 80 million people, of which 0.003% are billionaires and another 30% millionaires. The remaining 70% are basically people like on HN: Well off, have a car or even two, can fly to Bali on vacation.
I don't want to pick on this article in particular. It's not exactly the first to confuse two-car commuter couples with billionaires. I'd be surprised if it were the first to do it today. It's sad though.