How rich are you?

[Malachi151]

Not the best calculator, but its an interesting estimation.

http://www.globalrichlist.com/

I'm in the top 0.89% according to this.

[Jon_in_london]

You are in the top 5.99% richest people in the world.
There are 5,640,514,138 people poorer than you.

Oh, and in case you’re interested you are the 359,485,862 richest person in the world.

ya boo.

[Jon_in_london]

Originally posted by Malachi151
Not the best calculator, but its an interesting estimation.

http://www.globalrichlist.com/

I'm in the top 0.89% according to this.

Your salary is twice mine

[MRC_Hans]

Hmmm....:
You are in the top 0.761% richest people in the world.
There are 5,954,285,075 people poorer than you.
You are the 45,714,925 richest person in the world.

Statistics..... :rolleyes:

Still, food for thought.

Hans

[Nitpick]

Top 0.923%, but I'm always broke.

Try typing in $100 as annual income. They'll still ask you to donate $0.06.

[Mr Manifesto]

Geez, I'm in the top 10% of the richest people in the world. Makes you think, doesn't it?

[Nitpick]

Originally posted by Mr Manifesto
Geez, I'm in the top 10% of the richest people in the world. Makes you think, doesn't it?

You probably forgot to add the $100.000 worth of believing in a cause. That's supposed to enrich people's lives ;)

[Jon_in_london]

Right, you lots are much richer than me! please send your donations by cash or bank guarenteed cheque!

thanks.

[Jude]

You are in the top 0.48% richest people in the world.
There are 5,971,172,435 people poorer than you.

Neat calculator. I'd be interested in one that compared you to America, though.

[LuxFerum]

You are in the top 11.13% richest people in the world.
There are 5,332,030,848 people poorer than you.
dammit, now I know why I dont get chicks:(

[Jude]

Interesting note: Californians that earn minimum wage and work full-time are just shy of the top 10%. It really makes it apparent just how prosperous we are.

[Jon_in_london]

Originally posted by LuxFerum
You are in the top 11.13% richest people in the world.
There are 5,332,030,848 people poorer than you.
dammit, now I know why I dont get chicks:(

HA! Im richer than someone else on this forum!!!! nyah-nyah-nya-nyah-nyah!!!! :p

[LuxFerum]

Originally posted by Jude
You are in the top 0.48% richest people in the world.
There are 5,971,172,435 people poorer than you.

Neat calculator. I'd be interested in one that compared you to America, though.
120.000$ a year:wow2:
what do you do? May I work there?:D

[Hexxenhammer]

You are in the top 0.975% richest people in the world.
There are 5,941,447,235 people poorer than you.

And my wife and I barely keep the bills paid. Sad.

[Samus]

Of course, when I take taxes out and enter my annual net pay, I drop waaay down on the scale. Nice. So, annual income isn't all that matters. I'm getting the [poopie] taxed outta me! :(

[Malachi151]

Originally posted by Jude
You are in the top 0.48% richest people in the world.
There are 5,971,172,435 people poorer than you.

Neat calculator. I'd be interested in one that compared you to America, though.

Yeah me too.

Consider this though.

America only makes up 4% of the earth's population, so just being an American virtually puts you in the top 10% no matter what. Even the poorest of poor Americnas is going to be pretty high on the list. So if you are in the top 10% of Americans thats going to put you well within the top 0.5% of the world.

I think that $48,000 is the 50% mark in America, but I'm not positive on that. I know that bottom of the top 1% of Americans starts at about $300,000 a year income.

[Cain]

It's impolite to blabber one's personal income in friendly conversation, but rest assured that I'm relatively well off according to that site. You can just guess.

Casually mentioning my considerable (if not vast) assets is not, however, regarded as gauche among my better-than-you, New Yorker-reading, Manhattanite peers. So I can talk about how I got into *my own* car a few hours ago (yes, it's owned by me exclusively and not shared by some dirty village). Or how I had probably eaten too much yesterday. Or the multiple phone calls sent and received in the last week.

There's no need to feel ashamed for having so much. I earned it, obviously, and I'll be damned if some do-gooder tries to make me feel guilty for Abebe, a six-year old Ethiopian who has never worn clean clothes or traveled beyond the dump loosely known as his home.

An open letter to Abebe (I don't know his last name).

Listen up, Abebe, because I'm going to give you something far more valuable than "78 cents a day." It's a lesson that consists of two simple elements: Hard work and personal responsibility. That's it. You think it was easy being born into a rich country? You just try. Oh wait, you did try and failed miserably. Perhaps you deserve a miserable fate. Or I dunno, maybe God chose me. Why did you have to piss off God, Abebe? Whatever the case, it's all your own fault and don't for a second to transfer blame on to others for your own mistakes. Besides, you have no idea the crap us rich people have to tolerate on a daily basis. Other rich people, though not quite as rich, get really jealous. *Really* jealous. Then the ususal demogogues incite class warfare and I'm liable to get distracted from the Monday night's game. Don't get me wrong, I'm elated that I don't have to physically push away your money grubbing hands (which are probably in dire need of a manicure), but dealing with the prying paws of govmit' is chore of unfathomable-proportions. I could continue on blah blah blah, but who are we kidding? You'll probably be dead in two years anyway. Trust me, I don't want that to happen (and I'm glad I won't see it happen). Seeing an actual person actually die could really spoil my evening. The only reason why I took a break from the "Friends" marathon on TBS (that Chandler cracks me up every time! Plus Rachel is smokin' hot!) was to help you escape poverty. I'm a giver. Remember the formula for success: hard work plus personal responsibility = unlimited riches.

Your unconscionably wealthy friend,

[Nie Trink Wasser]

wow this is so accurate and flawless !

[Malachi151]

Originally posted by Cain

Listen up, Abebe, because I'm going to give you something far more valuable than "78 cents a day." It's a lesson that consists of two simple elements: Hard work and personal responsibility. That's it. You think it was easy being born into a rich country? You just try. Oh wait, you did try and failed miserably. Perhaps you deserve a miserable fate. Or I dunno, maybe God chose me. Why did you have to piss off God, Abebe? Whatever the case, it's all your own fault and don't for a second to transfer blame on to others for your own mistakes. Besides, you have no idea the crap us rich people have to tolerate on a daily basis. Other rich people, though not quite as rich, get really jealous. *Really* jealous. Then the ususal demogogues incite class warfare and I'm liable to get distracted from the Monday night's game. Don't get me wrong, I'm elated that I don't have to physically push away your money grubbing hands (which are probably in dire need of a manicure), but dealing with the prying paws of govmit' is chore of unfathomable-proportions. I could continue on blah blah blah, but who are we kidding? You'll probably be dead in two years anyway. Trust me, I don't want that to happen (and I'm glad I won't see it happen). Seeing an actual person actually die could really spoil my evening. The only reason why I took a break from the "Friends" marathon on TBS (that Chandler cracks me up every time! Plus Rachel is smokin' hot!) was to help you escape poverty. I'm a giver. Remember the formula for success: hard work plus personal responsibility = unlimited riches.

Your unconscionably wealthy friend,

LOL, do I knwo how ot call it or what! Actually this is pretty sad, but still.

From this post:

http://www.randi.org/vbulletin/showthread.php?s=&threadid=26697

So, the majority of Americans really don't understand how the country has become rich in the first place, this applies even to many rich people in America. If you ask an average American how this country has become rich they will say something like from hard work and God.

So, because Americans don't understand this many Americans think that people in 3rd world countries are poor because they are lazy or because they are not good Christians. This is crazy of course, but you will find this to be a popular idea in America.

Proving my points, once again.

[BPSCG]

Originally posted by Malachi151

quote:
--------------------------------------------------------------------------------
So, the majority of Americans really don't understand how the country has become rich in the first place, this applies even to many rich people in America. If you ask an average American how this country has become rich they will say something like from hard work and God.

So, because Americans don't understand this many Americans think that people in 3rd world countries are poor because they are lazy or because they are not good Christians. This is crazy of course, but you will find this to be a popular idea in America.
--------------------------------------------------------------------------------
Proving my points, once again. Okay, so why are we rich here in America? Did we steal it all from someone?

[Malachi151]

Originally posted by BPSCG
Okay, so why are we rich here in America? Did we steal it all from someone?

http://www.randi.org/vbulletin/showthread.php?s=&threadid=26697

http://malachi151.tripod.com/development_of_america.htm

http://www.rationalrevolution.net/understanding_the_real_factors_b.htm

[KelvinG]

You are in the top 0.48% richest people in the world.
There are 5,971,172,435 people poorer than you.


And I spend most of my time bitching how I wish I was filthy rich. I guess I'm a capitalist pig.:D

[Kodiak]

Originally posted by BPSCG
Okay, so why are we rich here in America? Did we steal it all from someone?

Just remember...

You asked for it! :eek:



;)

[BPSCG]

Originally posted by Malachi151
Not the best calculator, but its an interesting estimation.This is deceiving, as it equates income with wealth, which is not at all the same thing.

My wife and I have combined higher income than my parents or her parents. So are we richer than our parents? No. Our parents own their homes free and clear, whereas ours is partly owned by the bank.

And our parents have considerably more in savings and other investments than we do.

This is not to say that Americans aren't wealthier as a group than anyone else. But income isn't a proper measure of wealth. Think about that next time you hear your congressweasel trying to buy your mom's vote by decrying the high costs senior citizens have to pay for drugs. He won't mention the inconvenient fact that they may well have NO costs for housing, orthodonture and college for the kids, or commuting expenses. He also won't mention that a significant portion of their income may be tax-free or subject to low tax rates.

High income does not necessarily equate to wealth. And low income does not necessarily equate to poverty.

[shemp]

This calculator rates high on the ********e meter.

I put in $50,000, and was told that I am the 53,957,565 richest person in the world.

Then I put in $100,000 and was told that I am the 36,007,565 richest person in the world.

This would mean that 17,950,000 people make between $50,000 and $100,000 per year. Yeah, right. I got news for you, there's a LOT more people in that range.

Then, I typed in $10. This was the response:

"Sorry, if you earn less than $90 a year we are unable to calculate your position on the richlist.

If this is the case you would be one of the billions of people who earn less than $2 a day. Typically you would also not have access to a computer or an Internet connection.

If you are earning less than $90 a year it'd be unfair to ask you to donate money to Care International, if however, you actually earn more than this it may be worth re-calculating your position."

So they have decided that I must be lying! Well, yes, I was lying, but to automatically assume that EVERYONE who types in this figure is lying is ********e. There are many places in the Third World where people have community access to the internet.

I may be liberal, but I'm not an effete "all-knowing" leftist like these clowns. Pathetic.

[BPSCG]

Originally posted by Kodiak


Just remember...

You asked for it! :eek:



;) Well, yeah. Lessee, take grenade, pull pin, throw into middle of thread, step back...

To address one thing straight up: Any reference that starts "The American economy is founded on genocide, slavery, opium and tobacco..." goes straight into my shredder (sorry, Malachi151).

My point is that wealth is created, and a lot of people seem to forget that. How much is a handful of sand worth? Practically nothing. How much is it worth if you turn it into a microchip? A lot more. How much is a pile of lumber and bricks worth? Probably a few thousand dollars. How much is it worth if you turn it into a house? A hundred times as much.

There are other countries that have an abundance of the earth's wealth. Why are they not wealthy? Russia has huge oil and gold reserves. Why is it not a wealthy country?

By contrast, there are places that have almost no material wealth. Israel is in the middle of the stinking desert, fer petesake. Why is it prosperous, while its much larger neighbors, many of them floating on oil, don't have remotely near the same standard of living? Hong Kong is one of the most densely-populated places on the earth. Why is it so rich? Why are South Korea and Japan prosperous, when they have little in the way of natural resources?

I think if someone were to go to the trouble of making a list of countries that have long histories of liberal (liberal in the classical sense, not in the "that goddam liberal Ted Kennedy sense")democracies, they'd find that prosperity and democracy go hand in hand. And that despotism and crushing of human rights goes hand in hand with poverty.

[Jude]

Nuts. This thread is going to a very bad place...

[Michael Redman]

My income is in the top 1%, but that doesn't say anything about my wealth. My net worth is so far in the hole what most of the world's population would never be able to get it into the black.

This calculator gives a 50% figure for $868.30.

The CIA World Factbook gives a world GDP of $7,900.
http://www.cia.gov/cia/publications/factbook/geos/xx.html

Either someone's wrong, or the median and average are quite far apart. (presuming I'm using the right terms.)

[Jude]

Maybe they're including dependents? Throwing children into the mix could really distort the figures. I'm not even sure what the total population of Earth is.

[Kodiak]

Not rich enough...

[Valmorian]

Originally posted by shemp
This calculator rates high on the ********e meter.

I put in $50,000, and was told that I am the 53,957,565 richest person in the world.

Then I put in $100,000 and was told that I am the 36,007,565 richest person in the world.

This would mean that 17,950,000 people make between $50,000 and $100,000 per year. Yeah, right. I got news for you, there's a LOT more people in that range.



Um, that doesn't necessarily follow. It doesn't take into account ties. Sure you might be the 36,007,565 richest person in the world, but then so are many, many other people too. You all make the same amount.

[karl]

Originally posted by Michael Redman This calculator gives a 50% figure for $868.30.

The CIA World Factbook gives a world GDP of $7,900.
http://www.cia.gov/cia/publications/factbook/geos/xx.html

Either someone's wrong, or the median and average are quite far apart. (presuming I'm using the right terms.) [/B]

The Global Rich List site uses $5,000 as the average worldwide annual income, based on a 1999 estimate by the president of the Population Research Institute. I'm not sure how income relates to GDP, but in any case the median will be very far from the average when the income distribution curve looks the way it does.

[Jon_in_london]

Well, taking off tax and my tube tickets drops me to the 23rd percentile.

[shanek]

Originally posted by BPSCG
My point is that wealth is created, and a lot of people seem to forget that. How much is a handful of sand worth? Practically nothing. How much is it worth if you turn it into a microchip? A lot more. How much is a pile of lumber and bricks worth? Probably a few thousand dollars. How much is it worth if you turn it into a house? A hundred times as much.

There are other countries that have an abundance of the earth's wealth. Why are they not wealthy? Russia has huge oil and gold reserves. Why is it not a wealthy country?

By contrast, there are places that have almost no material wealth. Israel is in the middle of the stinking desert, fer petesake. Why is it prosperous, while its much larger neighbors, many of them floating on oil, don't have remotely near the same standard of living? Hong Kong is one of the most densely-populated places on the earth. Why is it so rich? Why are South Korea and Japan prosperous, when they have little in the way of natural resources?

I think if someone were to go to the trouble of making a list of countries that have long histories of liberal (liberal in the classical sense, not in the "that goddam liberal Ted Kennedy sense")democracies, they'd find that prosperity and democracy go hand in hand. And that despotism and crushing of human rights goes hand in hand with poverty.

Well said! And the potential for wealth creation is unlimited. This all means that wealth isn't some limited pool, and taking from the pool doesn't leave less for other people. The creation of wealth benefits everyone. I've tried explaining this concept to people like Malachi, but it falls on deaf ears.

[JesFine]

Originally posted by Valmorian



Um, that doesn't necessarily follow. It doesn't take into account ties. Sure you might be the 36,007,565 richest person in the world, but then so are many, many other people too. You all make the same amount. [/B]

Well according to the site if you make $50,001 you are the 53,957,206 richest, and if you make $49,999 you are the 53,957,924 richest.

[Giz]

Originally posted by Jon_in_london
Well, taking off tax and my tube tickets drops me to the 23rd percentile.

Jeez Jon, try this one (bit more English!) http://money.guardian.co.uk/work/iqtest/0,1456,589301,00.html

Maybe you aren't getting enough!

[Supercharts]

The best things in life are free. [Odd, that some people call it stealing...:eek: ]

[Malachi151]

Originally posted by Jon_in_london
Well, taking off tax and my tube tickets drops me to the 23rd percentile.

Yes but consider that America is one of the least taxed countries in the world :p

[Number Six]

That site is only slightly (very slightly) better than the site that used the football field to illustrate income discrepancies in the US.

First of all, income doesn't necessarily equate to wealth.

Secondly, they are using one specific measure of "rich," namely dollars/pounds. Do poor people in the Third World sit around thinking "If only I had more money then I'd be rich?" I doubt it. They certainly don't consider access to computers to have anything to do with wealth and yet it seems that that site think otherwise.

I'm so jaded that it would not surprise me if the people behind sites like that are doing it just trying to make "social justice" types look ridiculous. I truly find it hard to believe that someone would sit down and say "How can I illustrate the differences in wealth in the world? I've got it!" and then come up with that site.

[Ed]

Originally posted by Malachi151


Yes but consider that America is one of the least taxed countries in the world :p

How do you calculate that? Just curious. You'd have to take total GDI and divide that into the total domexstic government receipts or something. Either way it sounds like a lot of work. It also does not sound right.

[Number Six]

Originally posted by Malachi151


Yes but consider that America is one of the least taxed countries in the world :p

The USA is far and away the most taxed country in the world. Just taking a rough guess, I'd say the US taxes its people more than the 100 lowest taxed countries combined. Or is the "sheer amount of money" criterion no longer in use in determining "most" like it was when you linked to the site to start this thread?

[Malachi151]

Originally posted by Number Six


The USA is far and away the most taxed country in the world. Just taking a rough guess, I'd say the US taxes its people more than the 100 lowest taxed countries combined. Or is the "sheer amount of money" criterion no longer in use in determining "most" like it was when you linked to the site to start this thread?

Come again? LOL.

http://www.huppi.com/kangaroo/8Comparison.htm

First, let's take a look at overall tax rates as a percentage of the GDP. (All statistics are for 1991. See the following footnote for a comment on sources.1) Keep in mind that the two columns measure different things: the first, GDP, the second, personal income.
General rate Top rate
(percent of GDP) (percent of income)
Sweden 53.2% 45.0
Denmark 48.3 40.0
Norway 47.1 23.0
Netherlands 47.0 72.0
Germany 39.2 56.0
Finland 37.7 51.0
Canada 37.3 29.0
Japan 30.9 60.0
United States 29.8 34.0
You might be surprised to learn that the United States has long had the lowest tax rates of any industrialized nation. And how does the level of taxation compare to each nation's standard of living? There are three general ways to measure standard of living: earning power, purchasing power and individual worker productivity. The U.S. has lost its lead in the first and is losing its lead in the other two.

Home ownership:

Ireland 82% Japan 60
Spain 80 Portugal 59
Luxembourg 77 United States 59
Norway 73 Finland 58
Belgium 72 Sweden 55
Greece 72 France 54
Italy 68 Netherlands 46
United Kingdom 67 Germany 40
Canada 64 Switzerland 29

Percent of families earning two paychecks:

United States 58%
Japan 33
France 33
Italy 20
Germany 18
Netherlands 16

Average Household Debt

United States $71,500
United Kingdom 35,500
Germany 27,700
France 27,650
Netherlands 5,000
Switzerland 800

Average Household Savings

Japan $45,118
Switzerland 19,971
Denmark 18,405
France 17,649
Germany 17,042
Norway 15,196
Netherlands 14,282
Finland 12,387
Sweden 10,943
United Kingdom 7,451
United States 4,201

And on and on it goes, visit the link.

All 1991 data but I assume still somewhat relavant.

[Malachi151]

Here is something more recent:

http://www.bankrate.com/brm/itax/Edit/news/stories/news_042800.asp

Sick of paying U.S. taxes? Sorry, but
there's not much relief anywhere else

April 28, 2000 -- If you plan to use your tax refund to book a flight to Europe so you can escape those astronomical U.S. taxes once and for all, you might want to think again.

Studies by two international groups show that Americans' personal taxes aren't so bad in the worldwide scheme of things.

Those reports put the United States about in the middle of the industrialized-nations pack when it comes to how much money an individual worker hands over to the government. When looking at how much the national economy depends on those taxes, the U.S. fares even better.

That's probably a small comfort for those of you who have just mailed a big check to the IRS. But it may provide emotional, if not fiscal, satisfaction to learn that when it comes to taxes, the grass is not always greener on the other side of the ocean.



#1 Denmark 34%
#2 Belgium 28%
#3 Finland 28%
#4 Sweden 27%
# 5 Turkey and Australia 24%
...
# 14 United States 18%

[shanek]

And yet again, I have to point out that the GDP has zilch all to do with the tax burden.

I've pointed out the statistic from the US Census Bureau showing that Americans at all levels pay 48% of the National Income in taxes. How does this compare with other countries?

[Ladewig]

Isn't somewhat stupid to define wealth solely on the basis of one's salary? I know retired people who are quite wealthy despite having a low annual income. I have meet people who earn $100,000 per year who are in debt.

[The Central Scrutinizer]

Mine varies from year to year, but I came up with top .48%. Maybe I'll be higher next year!


And no, I won't donate a penny to these losers.

[Number Six]

Originally posted by Malachi151


Come again? LOL.

http://www.huppi.com/kangaroo/8Comparison.htm

And on and on it goes, visit the link.

All 1991 data but I assume still somewhat relavant.


The US government collects more tax than any other nation. That is what I meant by "most taxed" nation. Of course that could be taken to be misleading but that is my point...you can highlight any point if you don't mind being misleading.

[peptoabysmal]

You are in the top 0,001% richest people in the world.
You don't need to know any more than that (and besides our calculator can't do sums that big).


LOL, sheesh, what a bunch of baloney. I'm no Bill Gates.

[karl]

Originally posted by shanek
I've pointed out the statistic from the US Census Bureau showing that Americans at all levels pay 48% of the National Income in taxes. How does this compare with other countries?

It's fairly low by European standards. A comparative figure for, let's say, Sweden would be above 70%. (Such statistics are a bit difficult to dig up, since it's far more common to talk about the tax burden as a percentage of the GDP.)

[diddidit]

I am the 54,002,440 richest person in the world.

How come I'm such a peon?

did

[Malachi151]

Originally posted by shanek
And yet again, I have to point out that the GDP has zilch all to do with the tax burden.

I've pointed out the statistic from the US Census Bureau showing that Americans at all levels pay 48% of the National Income in taxes. How does this compare with other countries?

Point it out again because I have never seen such a stat.

[Kodiak]

Originally posted by Malachi151

Point it out again because I have never seen such a stat.

This (http://www.ncpa.org/ba/ba284.html) doesn't address your point directly, but does offer relevant data, albeit from 1999.


http://www.ncpa.org/ba/gif/ba284fig1.gif

[shanek]

Originally posted by Malachi151
Point it out again because I have never seen such a stat.

I just refigured it...According to Section 14 of the 2000 US Census Report, the National Income for 1996 was $6210.4 billion. The total taxes collected by the Federal Government in 1996 was $1,572,588 million and by State and local $1,513,633 million, according to Section 9 of the report. (1996 was the last year they had statistics for both numbers.) That totals $3,088,221 million in taxes. If you do the math from these figures (all available from census.gov), I actually just calulated 49.7%. So it's even bigger than 48% (the figures I saw earlier were from 1990). It actually rounds off to 50%! HALF of our income is taxed!

[GroundStrength]

I am apparently in the top 0.63%. Hmmmm...

Can this thing be correct?

[shanek]

I strongly doubt that it is, but if it is, it's more ammo for the Minimum Wage thread—I just put in a figure of $10,500, which is what someone working full time at the US national Minimum Wage will make. This is what it said:

You are in the top 11.77% richest people in the world.
There are 5,293,470,437 people poorer than you.
How do you feel about that? A bit richer we hope. Please consider donating just a small amount to help some of the poorest people in the world. Many of their lives could be improved dramatically or even saved if you donate just one hour's salary (approx $7.29)

Oh, and in case you’re interested you are the 706,529,563 richest person in the world.

Even someone making $5,000, whom the socialists consider to be the exploited working poor, fare out thusly:

You are in the top 14.13% richest people in the world.
There are 5,152,082,262 people poorer than you.
How do you feel about that? A bit richer we hope. Please consider donating just a small amount to help some of the poorest people in the world. Many of their lives could be improved dramatically or even saved if you donate just one hour's salary (approx $3.47)

Oh, and in case you’re interested you are the 847,917,738 richest person in the world.

If it is right, then our lowest income earners are doing a lot better than even I thought they were!

[Number Six]

I guess the movement to raise the minimum wage can be categorized as a grab by the wealthy then. (jk)

It is pretty presumptuous of them on that page to state that in order to reduce the income inequality the reader should send them money. Why would income inequality lessen by giving money to that organization as opposed to the million other actions that one could take?

Consider two possible worlds ten years from now and call them X and Y. In X, I contribute a billion dollars today to that organization. In Y, I do not contribute a billion dolars today (nor at any time in the next ten years) to that organization.

What is the probability that there is less income inequality in X than Y?

What is the probability that there is more income inequality in Y than X?

What is the probability that X and Y have the same amount of income inequality?