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Some math here is fucked up. These people don't have an average of over a trillion in assets each (assuming that tn stands for trillion...) My guess is that the
by yaakov34 13y ago
Some math here is fucked up. These people don't have an average of over a trillion in assets each (assuming that tn stands for trillion...) My guess is that they have something like two orders of magnitude less, and the world's population would get $150 each. Then again, that sounds low, given some people with tens-of-billions fortunes. Anyway, $110 trillion and $15000 is way, way too high - between one and two orders of magnitude.
- throwaway_yy2Di 13y agoYour parent commenter misread the article. Oxfam claims 85 persons have a wealth of $1.6 trillion, and another 70 million have $110 trillion.
- maxerickson 13y agoThe $110 trillion is the 1%. The 85 or whatever have ~1 trillion pounds. (These figures are from the articles, both the Guardian story and GP post link, but nice guess)