• tal
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    7 hours ago

    A lot wealthier, but that’s in significant part because most of the world is very poor relative to most people reading this. Some guy in Sudan isn’t gonna be reading your post.

    https://en.wikipedia.org/wiki/List_of_countries_by_wealth_per_adult

    Median global wealth per adult (2023):

    North America: $108,918

    Europe: $28,611

    China: $27,273

    World: $8,654

    Latin America: $6,341

    Asia-Pacific (excluding China and India): $5,176

    India: $3,755

    Africa: $1,242

    I think that you’re going to have a hard time getting fine-grained data globally, though, because lots of countries just don’t gather data and those that do often don’t measure it in the same way. I really wish that the UK had stayed in Eurostat when leaving the EU, because now getting comparable data for the UK and EU isn’t doable.

    If it’s the US (in 2021 dollars), on a per-household basis:

    https://www.census.gov/content/dam/Census/library/publications/2023/demo/p70br-183.pdf

    Median Wealth by Household Characteristics: 2021

    Typically someone tends to build up assets during their working life, and spend them in retirement, so age is gonna be a factor.

    Age of Householder

    Age Wealth ($)
    Under 35 30,500
    35 to 44 126,900
    45 to 54 186,000
    55 to 64 276,000
    65 to 69 341,400
    70 to 74 373,900
    75 and older 315,900

    Highest Level of Educational Attainment in Household

    Education Wealth ($)
    No high school diploma 8,460
    High school graduate 55,030
    Some college, no degree 90,810
    Associate degree 139,000
    Bachelor’s degree 266,600
    Graduate or professional degree 555,900

    Annual Household Income

    Quintile Wealth ($)
    First 12,000
    Second 61,260
    Third 145,200
    Fourth 269,100
    Fifth 805,400

    Also, just for good measure, since I suppose that “gold” would fall into “other asset holdings”, you’d be pretty high relative to the norm in that category:

    Composition of Wealth by Asset Type

    Category Percent
    Retirement accounts 34.1%
    Equity in own home 28.5%
    Stocks and mutual funds 11.9%
    Assets at financial institutions 8.1%
    Other asset holdings 4.6%
    Rental properties 4.3%
    Business assets 3.9%
    Other real estate 3.6%
    Vehicles 3.2%
    Bonds 0.7%
    Student loan and education-related expenses -1.5%
    Credit card and store bills -0.5%
    Medical debts -0.5%
    Other unsecured debts -0.4%