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real turf fan
Tennessee Fan
East Tennessee
Member since Dec 2016
2340 posts

re: This chart ranks everyone (even you) by their wealth
quote:

If Elon Musk had a sports franchise, what sport would it be and what would the city/mascot be?
oil;/

It would be where ever the closest city would totally subsidize the venue and give him tax breaks.

It wouldn't be a known franchise. It would be something like Amazon (female only) mud wrestling. Something that would appeal to a certain per cent of the population, that would have low liability, that would draw advertising dollars.

Call them Elon's Muskrats.


BiggerBear
Wright St. Fan
Redbone Country
Member since Sep 2011
1945 posts
 Online 

re: This chart ranks everyone (even you) by their wealth
quote:

If Elon Musk had a sports franchise, what sport would it be and what would the city/mascot be?


Houston Rockets
San Diego Chargers



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TigerstuckinMS
LSU Fan
Member since Nov 2005
21708 posts

re: This chart ranks everyone (even you) by their wealth
Only Bill Gates and Jeff Bezos have the means to travel in space. Got it.



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upgrayedd
Lamar Fan
Lifting at Tobin's house
Member since Mar 2013
96261 posts

re: This chart ranks everyone (even you) by their wealth
There are some pretty significant gaps in that chart


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777Tiger
LSU Fan
Member since Mar 2011
42187 posts

re: This chart ranks everyone (even you) by their wealth
quote:

where ever the closest city would totally subsidize the venue and give him tax breaks.


so he's looking at an NFL/MLB franchise?


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AustinTigr
LSU Fan
Austin, TX
Member since Dec 2004
2397 posts
 Online 

re: This chart ranks everyone (even you) by their wealth
quote:

#2 to say someone with a net worth of $1MM can afford a second home by the shore is..


EXACTLY!

Maybe if you get a pension, too. But the rest of us 401k- era folks are hoping $1M means I only have to work at Walmart part-time.
This post was edited on 10/9 at 2:23 pm


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Y.A. Tittle
Winthrop Fan
Member since Sep 2003
75404 posts
 Online 

re: This chart ranks everyone (even you) by their wealth
quote:

According to this only 5.3% of the world has a net worth north of $1MM. That’s sad.



If we are speaking the ENTIRE WORLD POPULATION, I'm sort of shocked it's that high.


Trevaylin
LSU Fan
south texas
Member since Feb 2019
339 posts

re: This chart ranks everyone (even you) by their wealth
that's not sad. its okey I am in the top 5 % with a waterfront home for the last 20 years...


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The Seaward
LSU Fan
Baton Rouge
Member since Jan 2006
9540 posts
 Online 

re: This chart ranks everyone (even you) by their wealth
quote:

If we are speaking the ENTIRE WORLD POPULATION, I'm sort of shocked it's that high.


Not sure where the OP got 5.3% (I didn’t click the link, so maybe it’s in there), but if I’m reading the table right, the actual percentage of millionaires is under 1%, not 5.3%.
This post was edited on 10/9 at 3:41 pm


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10
TigerintheNO
LSU Fan
New Orleans
Member since Jan 2004
32022 posts
 Online 

re: This chart ranks everyone (even you) by their wealth
Seattle Supersonics


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TD SponsorTD Fan
USA
Member since 2001
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AUTimbo
Member since Sep 2011
2133 posts

re: This chart ranks everyone (even you) by their wealth
quote:

I wonder how accurate it is, it isn't hard these days, certainly after a few years in the work force, to have a net worth of a mil


That depends on how much child support is/was


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Bjorn Cyborg
Member since Sep 2016
10548 posts

re: This chart ranks everyone (even you) by their wealth
Only one person so far, not including me, has read the chart right.

These are ranges.

The amount listed is the BOTTOM of the bracket.

So, #5 is $100,000-$999,999
#6 is $1,000,000-$9,999,999

etc.


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02
liz18lsu
LSU Fan
Naples, FL
Member since Feb 2009
12493 posts

re: This chart ranks everyone (even you) by their wealth
I don't think most of the responses realize net worth means the value of your assets, less your liabilities. That $500K home with a mortgage of $450K leaves a net worth of $50K. This isn't "How much do you make?" chart.


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22
East Coast Band
Alabama Fan
Member since Nov 2010
39461 posts

re: This chart ranks everyone (even you) by their wealth
quote:

Not necessarily. Age should be a factor in here too.

Net worth of 1MM at 35 is great.

Net worth of 1MM at 65 not so much.


Not exactly. You'd be surprised the extremely large % of 65 year olds that do not have a net worth of anything. A few reasons. First, a decent salary for a 65 year, when they were in their 20's in the 1970s was probably 20-30k/year. Second, not many bothered saving much either due to their getting a nice pension til they die.

A net worth of $1 Mil @ 65 without a pension is worth what with a nice $40k/yr pension?


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11
PrettyLights
Member since Oct 2014
937 posts

re: This chart ranks everyone (even you) by their wealth
As expected, there are a lot of bull shite responses in this thread. The OT never fails to deliver
This post was edited on 10/9 at 7:03 pm


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187undercover
Member since May 2019
1168 posts

re: This chart ranks everyone (even you) by their wealth
How about those who actually make the money?


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GreatLakesTiger24
New Orleans Pelicans Fan
Member since May 2012
35915 posts
 Online 

re: This chart ranks everyone (even you) by their wealth
quote:

If we are speaking the ENTIRE WORLD POPULATION, I'm sort of shocked it's that high.

op can’t do math... it’s .5%


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PhiTiger1764
LSU Fan
Lurker since Aug 2003
Member since Oct 2009
11677 posts
 Online 

re: This chart ranks everyone (even you) by their wealth
quote:

$1 million net worth is nothing. $10 million is a little better but still nothing crazy.

If you have a decent job and are a disciplined saver, you’ll be a millionaire one day.

$10M is an incredible amount of wealth. Takes more than making good money and being a great saver.


Bayou
LSU Fan
Arizona Desert
Member since Feb 2005
30443 posts

re: This chart ranks everyone (even you) by their wealth
Most Americans are in the top 1% wealthiest in the world.
LINK
Which begs the question. What are you doing with your wealth?


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RealityTiger
LSU Fan
Geismar, LA
Member since Jan 2010
16372 posts

re: This chart ranks everyone (even you) by their wealth
quote:

If you have a decent job and are a disciplined saver, you’ll be a millionaire one day.

Only if you have no kids and do nothing to ever enjoy life (go on vacations, splurge on yourself from time to time, buy yourself toys, etc.)

Then guess what? Your old crusty arse might have a million dollars but you wasted all that life away saving up for it. Now what?


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