Still doesn’t add up. 37% of the US population is 120 million. 1% of the global population is still 80 million.
Are you comparing US household income to global individual income? If that’s the case I can see your percentages working, but that comparison doesn’t make much sense so I’m still lost.
The world’s population is about 8.1 billion. The top 1% of that is 81 million. The population of the G7 (a reasonable substitute for the richest countries) is approx 800 million. So, if you’re in the top 10% and in a G7 country, you’re in that top 1%.
Top 10% income in the US is approx $170k per year. That’s mid-level manager wages.
ITT: people who don’t realize that the article is talking about them because they’re either in that 1% or damn close to it.
Yeah, 60k/year per person is the top 1% globally. That’s about 60% of the us if I’m doing my math right.
https://www.vox.com/future-perfect/2023/9/15/23874111/charity-philanthropy-americans-global-rich
https://www.statista.com/statistics/203183/percentage-distribution-of-household-income-in-the-us/
60% of the US population is like 200 million. 1% of the global population is 80 million. Your maths is way off.
I’d assume something closer to 6% of the US are in the top 1%.
Oh the second source was household income rather than individual, putting the percentage at about 37% of us households are in the globally top 1%.
Still doesn’t add up. 37% of the US population is 120 million. 1% of the global population is still 80 million.
Are you comparing US household income to global individual income? If that’s the case I can see your percentages working, but that comparison doesn’t make much sense so I’m still lost.
Yup most of the Western world is in the top 1 percent. The rest of the Western world benefits from it.
It’s me. Hi. I’m the problem. It’s me.
It’s funny how often people who are in the global 5-10% talk about how clueless the 1% of the West is, while being so clueless about their own wealth.
The world’s population is about 8.1 billion. The top 1% of that is 81 million. The population of the G7 (a reasonable substitute for the richest countries) is approx 800 million. So, if you’re in the top 10% and in a G7 country, you’re in that top 1%.
Top 10% income in the US is approx $170k per year. That’s mid-level manager wages.