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Net Worth Necessary To Be In the World’s Top Percentiles

Posted on 1/22/18 at 1:00 am
Posted by soccerfüt
Location: A Series of Tubes
Member since May 2013
65497 posts
Posted on 1/22/18 at 1:00 am
Credit-Suisse has released it’s annual report on wealth in the world.

Credit-Suisse Report Link

Of all Individuals in the World
$3,582* Net Worth to be in the Top Half of the World
$76,754* Net Worth to be in the Top 10% of the World
$770,368* to be a 1 percenter of the World in Net Worth

US Median Wealth is $55,900*

Over a third of the world’s total wealth in in North America and another quarter is in Europe (Russia not included).

Interesting reading.

Millennials be forewarned, sad reading.

*USD mid 2017
Posted by tigerbutt
Deep South
Member since Jun 2006
24558 posts
Posted on 1/22/18 at 3:54 am to
No idea I was a 1%’er
Posted by KG6
Member since Aug 2009
10920 posts
Posted on 1/22/18 at 4:34 am to
quote:

Over a third of the world’s total wealth in in North America and another quarter is in Europe 


This is slightly impressive when realizing how young North America is comparatively.
Posted by foshizzle
Washington DC metro
Member since Mar 2008
40599 posts
Posted on 1/22/18 at 4:41 am to
quote:

$770,368* to be a 1 percenter of the World in Net Worth


Peons. This report merely confirms how good I am and why your wives and girlfriends pursue me. I'll let them pleasure me from time to time but only for a few times before I lose interest and move on to the next one, so don't worry about losing them. My awesomeness is just that awesome.
Posted by GreatLakesTiger24
COINTELPRO Fan
Member since May 2012
55546 posts
Posted on 1/22/18 at 4:48 am to
I'm so fricking rich
Posted by CHEDBALLZ
South Central LA
Member since Dec 2009
21905 posts
Posted on 1/22/18 at 4:57 am to
I guess i'm about a 7 %er.
Posted by Sao
East Texas Piney Woods
Member since Jun 2009
65588 posts
Posted on 1/22/18 at 5:14 am to

Better than I thought. This year I believe I'll drop a few points to, say, 35%. Winning.
Posted by Jcorye1
Tom Brady = GoAT
Member since Dec 2007
71326 posts
Posted on 1/22/18 at 5:20 am to
quote:


US Median Wealth is $55,900*


Is this a joke? I'm not even trying to brag, but I haven't even hit my 30s and I'm at more than that for net worth.
Posted by Huck Finn
Baton Rouge
Member since Jul 2009
2455 posts
Posted on 1/22/18 at 6:01 am to
That's not really surprising. About half of Americans don't pay anything in income taxes. Why would they have 55k to their name?
Posted by Oilfieldbiology
Member since Nov 2016
37407 posts
Posted on 1/22/18 at 6:06 am to
What is the median net worth of the 35%?
Posted by thelawnwranglers
Member since Sep 2007
38737 posts
Posted on 1/22/18 at 6:09 am to
10% here lol
Posted by Roaad
White Privilege Broker
Member since Aug 2006
76426 posts
Posted on 1/22/18 at 6:36 am to
Posted by Shotgun Willie
Member since Apr 2016
3764 posts
Posted on 1/22/18 at 7:06 am to
This post was edited on 1/22/18 at 7:09 am
Posted by PhiTiger1764
Lurker since Aug 2003
Member since Oct 2009
13847 posts
Posted on 1/22/18 at 7:29 am to
All pretty meaningless numbers. It’s not like you get to retire once you reach “top 1% in net worth.”

The numbers are pretty sad actually, when you consider that house equity is likely included in these figures.

Posted by LuckySo-n-So
Member since Jul 2005
22079 posts
Posted on 1/22/18 at 7:34 am to
quote:

That's not really surprising. About half of Americans don't pay anything in income taxes. Why would they have 55k to their name?


...and here we go
Posted by TH03
Mogadishu
Member since Dec 2008
171035 posts
Posted on 1/22/18 at 8:34 am to
In the world? That's meaningless with all the shite holes around the globe. I'd bet $770k net worth is not top 1% in the US.
Posted by BigPerm30
Member since Aug 2011
25831 posts
Posted on 1/22/18 at 8:39 am to
quote:

In the world? That's meaningless with all the shite holes around the globe. I'd bet $770k net worth is not top 1% in the US.


I agree. I don’t want to be compared to some poor kid in Africa who’s had six pieces of rice for dinner. 1% in the US should be your goal.
Posted by deltaland
Member since Mar 2011
90472 posts
Posted on 1/22/18 at 8:56 am to
quote:

Over a third of the world’s total wealth in in North America and another quarter is in Europe


#whitepeopleproblems
Posted by Centinel
Idaho
Member since Sep 2016
43318 posts
Posted on 1/22/18 at 8:57 am to
True, but it is a good example of how our "poor" in this country aren't actually poor.

It's also why people need to get out and see the world. It helps put things in perspective when you're bitching about how your chai latte is 95 degrees instead of 100.
Posted by deltaland
Member since Mar 2011
90472 posts
Posted on 1/22/18 at 8:59 am to
There's only 3 wealth categories that matter.

1. Poor
2. F250 and truck nuts
3. OT baller
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