i_have_no_enemies@lemmy.world to Mildly Infuriating@lemmy.worldEnglish · 7 months agoRichest 1% own more than 40% of country's wealth: Reportwww.livemint.comexternal-linkmessage-square11fedilinkarrow-up1180arrow-down116
arrow-up1164arrow-down1external-linkRichest 1% own more than 40% of country's wealth: Reportwww.livemint.comi_have_no_enemies@lemmy.world to Mildly Infuriating@lemmy.worldEnglish · 7 months agomessage-square11fedilink
minus-squareComradeSharkfucker@lemmy.mllinkfedilinkEnglisharrow-up25arrow-down1·edit-27 months agoFor those who don’t feel like reading an article it is about India. It’s about 30% of all wealth controlled by the 1% in America but it’s 67% of all wealth controlled by the top 10% The bottom 50% control 2.5% of the wealth All my math was done personally using statistics from the fed
minus-squareRememberTheApollo@lemmy.worldlinkfedilinkEnglisharrow-up6·7 months agoDisparity never goes out of style.
minus-squarephillaholic@lemm.eelinkfedilinkEnglisharrow-up2·7 months agoTop 10% starts at $173,000 so it’s a bit misleading.
For those who don’t feel like reading an article it is about India.
It’s about 30% of all wealth controlled by the 1% in America but it’s 67% of all wealth controlled by the top 10%
The bottom 50% control 2.5% of the wealth
All my math was done personally using statistics from the fed
Disparity never goes out of style.
Top 10% starts at $173,000 so it’s a bit misleading.