this post was submitted on 22 Jul 2023
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c/TodayILearned

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[–] Mongostein@lemmy.ca 7 points 1 year ago* (last edited 1 year ago)

Is that cash or equity?

I haven’t had $4000 cash in years, but I own some stuff.

Edit:

To be among the top 10 percent worldwide, you don't even need six figures: A net worth of $93,170 will do it.

And even if you have just $4,210 to your name, you're still richer than half of the world's residents.

Oh. Nope. I’m a bum.

brb going to go out and buy myself a top hat and monocle.

[–] Naja_Kaouthia@lemmy.world 4 points 1 year ago

This firmly cements my place as one of “the poors”.

[–] grte@lemmy.ca 0 points 1 year ago

This is such a useless figure without taking local expenses into account. Consider the price difference living in San Francisco vs. a small town in Alabama. 4210 is going to last much longer in the latter than the former despite having the same networth on paper.

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