this post was submitted on 04 Aug 2023

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[–] whatisallthis@lemm.ee 17 points 3 years ago (3 children)

So what you’re saying is spez will be richer than 80% of people instead of 90%

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[–] gusVLZ@lemmy.world 23 points 3 years ago

Actually he will be richer than way more than 90% either way

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[–] danwardvs@sh.itjust.works 20 points 3 years ago (2 children)

To be richer than 90% of people you need to have a net worth of $90,000 USD.

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[–] Got_Bent@lemmy.world 7 points 3 years ago (1 child)

Damn. I've got more than that and I sure as hell don't feel like a ten percenter.

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[–] hansl@lemmy.ml 13 points 3 years ago (2 children)

Worldwide. So you’re competing with people sewing shoes at 1$ per hour.

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[–] TheBat@lemmy.world 5 points 3 years ago

That's too high. People are employed for like $4/day basis in some places.

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[–] Got_Bent@lemmy.world 2 points 3 years ago

That makes a whole lot more sense.

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[–] 18_24_61_b_17_17_4@lemmy.world 2 points 3 years ago* (3 children)

That can't possibly be true. I'm not saying you're lying, just... holy shit I though it'd be way more than that. This is for US citizens?

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[–] monotremata@kbin.social 23 points 3 years ago (1 child)

The number was $1,212,000 to be in the 90th percentile in the US in 2017 according to https://www.census.gov/content/dam/Census/library/publications/2020/demo/p70br-170.pdf

But worldwide, it was indeed about $93,000. https://www.cnbc.com/2018/11/07/how-much-money-you-need-to-be-in-the-richest-10-percent-worldwide.html

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[–] 18_24_61_b_17_17_4@lemmy.world 6 points 3 years ago

Very interesting. That's more in line with what I was thinking it would be for the United States. Thanks for looking that up and providing the info.

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[–] danwardvs@sh.itjust.works 5 points 3 years ago* (2 children)

This is for all people, worldwide. North America is very rich, relatively speaking.

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[–] 18_24_61_b_17_17_4@lemmy.world 4 points 3 years ago

Ah, ok, I suppose that makes a bit more sense then.

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[–] Flyspeck@lemmy.world 3 points 3 years ago*

I've read this before and continue to remain stunned since the cost of living is so ridiculously high in so many American cities.

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[–] Dark_Blade@lemmy.world 5 points 3 years ago

I mean, wouldn’t be too out-there. How many Americans are living paycheck to paycheck with some sort of massive debt? How many can’t afford to have any assets? How many more accrue even greater debt to either survive, or drop money they don’t have on shit they don’t need (like that latest BMW) just so they can keep up with the Joneses?

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[–] Dark_Blade@lemmy.world 9 points 3 years ago*

On the bright side, people like him are unlikely to be happy with what they have. He’ll spend the rest of his life dreaming about the billions he ‘lost’, rather than being satisfied with the obscene amount of wealth he already has.

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