It is interesting to consider what it takes to be in the top 1% or 10% globally.
According to The Economist
Wealth is so unevenly distributed, that you need just $3,650 (less debts) to count yourself among the richest half of the world’s population. A mere $77,000 brings you among the wealthiest 10%. And just $798,000 puts you into the ranks of the 1%—within the reach of many white-collar urban professionals in the West. Hence, more than 35m people carry such a plump purse. Among the three billion adults at the bottom with less than $10,000 in wealth, 90% reside in developing countries. Yet 15% of millionaires live in developing countries too.Note that this wealth is not necessarily cash in a bank account but includes home equity and investments in superannuation (retirement) funds.
I recently encountered this video when it was shown by Cathy Delaney during a talk she gave at Theology on Tap.
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