Global Rich List
globalrichlist.com
Global Rich List
1–10 of 55 posts
Re: Global Rich List
#2Interesting. There's one bug though, when you select another country like Colombia, for instance, you have to enter the value in its currency. When you do, in that case 1k usd is 2 Million, the calculation seems to convert that to millions of dollars. Its not entirely clear which money format you should use.
Re: Global Rich List
#3Jarring background. More jarring information.
Interesting fact: being a 1-percenter in the US ($370k in 2010) makes you a .02-percenter on the worldwide scale.
Re: Global Rich List
#4i can't enter my debts. i can't have a negative home equity. you should be able to supply your debts on both the income and wealth pages.
Re: Global Rich List
#5Great app. Too bad a 1 percenters like me can't calculate my apparent wealth however.
Income works fine, but when I put in the data for wealth (no house, minimalistic materials, and meagre bank accounts) it gives me the error code: "Are you sure about that?"... Apparently, you cannot hold less than $1,500CAD of wealth, nor can you be classed within the bottom 22%.
The income bottom limit is $400CAD, which is much better. It's kind of funny how the stats don't feel so guilty when entering the lower limits. For a $400CAD yearly income: " In 1 hour you make $0.21 Meanwhile, the average labourer in Indonesia makes just $0.50 in the same time. "
Re: Global Rich List
#6things like this rub me the wrong way. you cannot compare income levels between countries with vastly different costs of living.
sure, first world countries will have a higher standard of living overall, but putting $25/hr in US up against $0.08/hr in Ghana is a misleading comparison of purchasing power.
case in point: in Ghana you can probably buy a castle full of servants on 80 acres for $25/hr.
Re: Global Rich List
#7I feel conflicted about donating to charity, Kiva(.org) is my money-for-good vehicle of choice but sometimes it feels as if my money could be better spent donating to charities that help people that can't afford to eat, eat. Long term spending of money to help people better themselves and those around them is the more sustainable model but short term helping people that are starving have access to life essentials has a greater impact and is more compassionate. If only it was simple as "I have $xxx, how can I have the greatest positive impact?".
Re: Global Rich List
#8Great app. Too bad a 1 percenters like me can't calculate my apparent wealth however. Income works fine, but when I put in the data for wealth (no house, minimalistic materials, and meagre bank accounts) it gives me the error code: "Are you sure about that?"... Apparently, you cannot hold less than $1,500CAD of wealth, nor can you be classed within the bottom 22%. The income bottom limit is $400CAD, which is much bet…
Honest question, if you earn so much (1% you claim) where does all your income go? You're supporting others? You're paying off student loans? Your rent is really really high?
Anyway. If you've no accumulated wealth just enter your income and then marvel at the disparity between you and the 99%.
Re: Global Rich List
#9Great app. Too bad a 1 percenters like me can't calculate my apparent wealth however. Income works fine, but when I put in the data for wealth (no house, minimalistic materials, and meagre bank accounts) it gives me the error code: "Are you sure about that?"... Apparently, you cannot hold less than $1,500CAD of wealth, nor can you be classed within the bottom 22%. The income bottom limit is $400CAD, which is much bet…
Honest question, if you earn so much (1% you claim) where does all your income go? You're supporting others? You're paying off student loans? Your rent is really really high? Anyway. If you've no accumulated wealth just enter your income and then marvel at the disparity between you and the 99%.
He probably means the global 1% which is ~$30,000 per year, in a lot of first world places that is far from enough to build up wealth without behaving frugally.
Re: Global Rich List
#10I feel conflicted about donating to charity, Kiva(.org) is my money-for-good vehicle of choice but sometimes it feels as if my money could be better spent donating to charities that help people that can't afford to eat, eat. Long term spending of money to help people better themselves and those around them is the more sustainable model but short term helping people that are starving have access to life essentials has…
The Robin Hood Foundation, a charity which aims to "find, fund and partner with programs that have proven they are an effective remedy to poverty" [1] in New York City, has built robust metrics, at least on par with the Bill & Melinda Gates and Bloomberg Foundations. They work rigorously to identify where their dollars "have the greatest positive impact". More on Robin Hood's metrics: https://www.robinhood.org/metrics.
Disclaimer: I donate to the Robin Hood Foundation