• Xavienth@lemmygrad.ml
    ·
    3 months ago

    People confuse the richest 1% of America and the richest 1% of the world. The former is multimillionnaires, the latter is like, software engineers in America. This article concerns the latter.

    The US is, give or take, 4% of the global population. So, the top income quintile ($153,000/yr and above) brings you to around 1% of the global population, with room for well-off people in other countries.

    In case your math skills are rusty, the global 1% is 80 million people. That's the same size as Germany, the country. Yes it includes oil barons, multinational CEOs, and whatnot, but also like, professionals in expensive cost-of-living areas like Californian software engineers.

    • tetris11@lemmy.ml
      ·
      edit-2
      2 months ago

      I'm fine with pushing anything within a 100km radius around San Francisco into the ocean. Who's free next tuesday?