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Interesting factoid on wealth distribution

LAB3

LAB3

Forum Sage
Past Site Supporter
Here's an interesting look at how wealth is distributed amongst the population of various countries, the US isn't looking all that great. For those not familiar with statistics the word "median" means 50% of the people are above a certain level and 50% are below as opposed to "average" which is what you get when you add everything and divide by the number of people involved. Median is a much better description of how things actually are in the real world.

www.visualcapitalist.com

Ranked: The Richest Countries by Average and Median Wealth

Why does the U.S. rank 2nd by average wealth but just 28th by median wealth? See how the world's richest countries compare in 2026.
www.visualcapitalist.com www.visualcapitalist.com
 
The US claims to have 41% of the world's millionaires, while China with 4 times the population, claims just 10% of the world's millionaires. Based on a quick search, these numbers must include primary residence holdings, as there are reportedly only 8.7 million citiznes in the US with investible assets of 1 million.

A sad statistic, 56% of Americans have less than $5,000 in savings and 43% of Americans have less than $1,000 in savings.
 
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