this post was submitted on 20 May 2024
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[–] [email protected] 22 points 6 months ago* (last edited 6 months ago) (1 children)

I wonder how they’d rate this pirate queen. Surely in the billions.

Also, using an average net worth for Americans is super misleading number since the distribution is heavily skewed by the billionaires. A median net worth would probably be a more accurate way to represent that information.

https://en.m.wikipedia.org/wiki/Zheng_Yi_Sao

[–] TexasDrunk 8 points 6 months ago

More accurate, but still not accurate considering how difficult home ownership is. Median is ~$192k, up about $55k in the last few years. Meanwhile, ~50% of the U.S. population makes less than $40k/year. While it's possible a bunch of them bought homes cheap or inherited them then saw a massive growth due to the crazy housing shit, my bet is that close to 50% of the U.S. population has no more net worth than their car and whatever is in their checking account.

Maybe I'm wrong, but it seems that the wealth is so skewed that it's really difficult to get a handle on how much money the average person has.

[–] [email protected] 7 points 6 months ago

meanwhile our current robber barons are in the billions …