Friday, October 12, 2012

How wealthy are you compared to the rest of the world?

Ever wondered how you compare to the rest of the world in terms of wealth? Here it is in terms of net worth (that is total assets minus total liabilities):

1% have a net worth of US$710,000
10% have a net worth of US$71,000
50% have a  net worth of US$3,700

There you have it, if you have a net worth of US$71,000 you are wealthier than 90% of the seven billion people on this planet. If you ever have days where you feel like not having enough, think of the legions who have far less than you. Count your blessings and happy investing!

1 comment:

  1. It all depends upon where you live. A black child living in the poorest area in a major city in the united states is far wealthier than a black child living in rural zimbabwe.