CovOps
Location : Ether-Sphere Job/hobbies : Irrationality Exterminator Humor : Über Serious
| Subject: This chart ranks everyone (even you) by their wealth Mon Oct 07, 2019 10:18 pm | |
| ... A recent global wealth ranking Bloomberg Businessweek put a fine point on it. The ranking gives everyone in the world a “wealth number,” from -2 (the world’s poorest) to 11 (the world’s wealthiest). Only two people get an 11: Jeff Bezos and Bill Gates. Scoring 11 on the Businessweek ranking means you have $100 billion or more. There are just 150 people who have a wealth number of 10, a bracket that’s entry level net worth is $10 billion (up to just under $100 billion). Elon Musk scores a 10, for example. Individuals with a wealth number 10 can afford to buy a sports team in a major market, the chart says, for context. Compared to those very small numbers of very rich people, there are 1.3 billion people who have a wealth number of 4, a bracket that’s entry level net worth is $10,000 (up to just under $100,000). These individuals are generally, in a “median American family headed by someone who has no college education,” the chart says, and can afford a new car, the chart estimates. At the other end of the scale, 1.5 billion adults reside in the brackets -2 through 2, meaning they have a net worth of less than $1,000, including people with a negative net worth. This population would generally be [url=https://www.merriam-webster.com/dictionary/subsistence farming]subsistence farmers[/url] and can afford “very little,” the chart says. “So you’re either poor—or a rich person on a bad day, with liabilities exceeding your assets,” according to Businessweek. You can find your own net worth number on the chart.
https://www.cnbc.com/2019/10/07/bloomberg-businessweek-wealth-number-ranking-shows-inequality.html
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