Who represent that magical 1%? They seem everywhere yet no where right? We all have a picture of what the 1% must ‘look like’. Images of fancy cars, impressive homes, yacht, private jets, designer clothes, a nice collection of expensive booze and of course an entourage of sexy bitches are all on the list when we think of the rich!
Well, the above may all be true and a great topic to dream away on, yet, you are now probably thinking of the top 0.1% and not the top 1% of wealthiest people out there. So who can count themselves to the top 1%? Well there is a very good chance that, without realising it, YOU BELONG TO THE WEALTHIEST TOP 1% OF SOCIETY!
If you are an American earning more then 32,000 USD, a Brit earning more then 25,300 GDP, or an Italian earning more then 27,100 EUR per annum, then you can comfortable count yourself towards the wealthiest 1% of humanity. Don’t believe me or don’t have an income but a stash of assets or cash? Calculate your positions in the money ranks here…
In comparison, the average labourer in Zimbabwe earns 0.41 GDP per our. I can give you a endless list of pointers as to why you should be freaking satisfied with your life, however I will spare you from this. Instead take a moment of reflection while reading this on your iPhone 7 sipping away on your 5 dollar Starbucks
Ow and of course, a topic discussing insane amounts of money isn’t complete without mentioning legendary investor Warren Buffett. He famously remarked following:
”If you could put your ball back, and they took out, at random, a hundred other balls, and you had to pick one of those, would you put your ball back in? Now, of those hundred balls… roughly five of them will be American… Half of them are going to be below-average intelligence, half will be above. Do you want to put your ball back? Most of you, I think, will not… What you’re saying is, ‘I’m in the luckiest 1% of the world right now.”
Feel better about yourself? I don’t want to pop the bubble, but if you want to belong to the top 1 percent of Americans in stead of human kind, you will need to earn a little more, in excess of 300.000 USD that is. Calculate where you stand using the Wall Street Journal calculator. Also watch ‘The One Percent’ documentary from Jamie Johnson, a 27-year-old heir to the Johnson & Johnson below to learn more about the growing wealth gap in America.
