• Captain Aggravated@sh.itjust.works
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    11 hours ago

    If we peel about 50 billionaires and their families we could make every single American a multi-millionaire. I bet it would put a dent in wage theft, too. Scare the piss out of middle managers so hard they prolapse their ureters.

    • ObjectivityIncarnate@lemmy.world
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      6 hours ago

      The 50 richest people in the US have a collective net worth of about $3 trillion. If you could wave a magic wand and turn that net worth (which is not an amount of cash money) directly into cash, something that obviously can’t actually be done, but I digress, and you distributed that $3 trillion evenly among the ~340 million people in the US, everyone would get about $8800, lmao. Not quite multimillionaire level.

      It amuses me how confidently people will state complete bullshit, even when it’s so easily debunked.

    • Kairos
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      9 hours ago

      That’s not correct.

      The average wealth in this country is ~250k a person

      • LifeInMultipleChoice@lemmy.dbzer0.com
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        9 hours ago

        Yeah their number sounded really high, but fuck it hurt to see 250k as well. Do I count as 0 or a negative number if I have more debt than my possessions are worth?

        • Kairos
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          9 hours ago

          I think 0? I’m not sure. I think the number came from total wealth as an object, not total net worth.

      • Hawk@lemmy.dbzer0.com
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        7 hours ago

        Could still be correct, average is heavily skewed by the millionaires/billionaires.

        • Kairos
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          7 hours ago

          No. No way. A million a person would mean $325 ish TRILLION for just the US. I think that’s around half the global wealth?