September 5, 2003

What's Your Ranking?

We are used to hearing about the richest person in the world or the 50 richest in the US. We are not used to seeing where we fit in on a worldwide basis.

You can now get a pretty interesting perspective on this at the Global Rich List. You should probably use your household income divided by the number of folks in your household since they use total world population to calculate where you fit in.

Let's say you are a relatively new school teacher, married, single income, no children making about $32,000/year you will find out that your per capita income of $16,000 puts you in the top 10% on a world wide basis.

Yea, I know that the standard of living can dramatically affect the utility of your income but it is still pretty sobering.

Via The Fifty Minute Hour.

Posted by Steve on September 5, 2003
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