Saturday, November 12, 2011

What Money?

The Richest people in the world make up less then 1 half of 1%, yet their wealth totals over 40% of the KNOWN liquid global monetary supply.  What does that mean in US dollars and cents?   Of the KNOWN 250 TRILLION, that's trillion with a capital 'T' the top half of 1% controls 110 TRILLION US Dollars as per the 2011 Credit Suisse's 2011 Global Wealth Report. 

Interesting Facts about Global Wealth

1) China, India, Latin America and Africa account for 56% of the world's population, but less then 16% of its wealth.

2)  21% of people in the USA have more than $100,000 in wealth. Japan is home to 16%.

3) 1/3rd of the world's millionaires live in the U.S. Sweden and Switzerland each have 2%, but have a much smaller population.

3) In 2011 Europe surpassed the U.S. in the number of high-net worth residents ( between $1 million and $50 million).

4) In terms of ultra-high net worth individuals (with net assets above $50 million), the USA is the clear winner with 42% of the group.

5) The USA has 32% of the world's billionaires and 41% of people whose net worth exceeds $10 million.

6) The number of millionaires in China is expected to double between 2011 and 2016.

7) The Fastest growing MILLIONAIRE population in the USA and the EASIEST avenue for achieving MILLIONAIRE status in the USA is by becoming a Black Diamond with the Mona Vie 

And at the bottom of the list... are people who don't' drink the JUICE!

The bottom 2/3rds of the Global monetary supply divides up less then 3.3% of that 250 TRILLION.  That amounts to less then 2.9 TRILLION divided up between 6,999,999,999.99%.   

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