To be a member of the richest 1% of the world you need a net worth of about $800k – so while the billionaire class is still a massive problem, an even larger problem ecologically is that tens of millions of moderately wealthy people from wealthy nations have massively outsized carbon footprints.
This can not be correct. My wife inherited her parent's house when the last one died when she was 17 or so (guardianship until 18, whatever, not the point) - but we're poor af. I mean we're not lining up at the food bank, but no way we're top 1%. It's worth $800k easy (CAD, but still, throw in some other 'things' we own and we're there).
In most of the world, $800,000 is enough money that you and your wife would never have to work another day in your lives. Even in Canada that's 20-ish years of the median household income.
This can not be correct. My wife inherited her parent's house when the last one died when she was 17 or so (guardianship until 18, whatever, not the point) - but we're poor af. I mean we're not lining up at the food bank, but no way we're top 1%. It's worth $800k easy (CAD, but still, throw in some other 'things' we own and we're there).
In most of the world, $800,000 is enough money that you and your wife would never have to work another day in your lives. Even in Canada that's 20-ish years of the median household income.