The report is that net worth (not income) of the wealthiest rose 42%. Wages would tend to be a fraction of wealth for those on middle incomes, say, who have be

The report is that net worth (not income) of the wealthiest rose 42%. Wages would tend to be a fraction of wealth for those on middle incomes, say, who have been in work for more than a few years. They will have payed the majority of their wages for years into acquiring a place to live. In the Uk my house would now cost 8x my wage, a wage increase of 43% (for one year) would increase my net worth by about a sixteenth (~6%). Inflation is 10% (not 42%) and my employer capped wage maintenance at 8%. In October, Indian government wage maintenance was 4% (https://www.reuters.com/world/india/india-raises-dearness-allowance-federal-government-employees-by-4-2023-10-18/ https://www.reuters.com/world/india/india-raises-dearness-al...), do you think the private sector paid 10x more?