Where Do You Stand?

Some Have It All - The Rest Of Us Fodder Units Don't -
by The Old Hippie Because it is Getting Worse by the Hour, as the “Allowing” Continues.

Statistics: [7/24/07 - http://www.census.gov/] U.S.A. 302,421,881 - World 6,607,176,256

The average American household is worth $50,000/year.
(Averaged income of the approximately 96.5% rest of us American “fodder units.”)

7.5 million households in America are worth up to $10m.  (2.5%)
Plus 2 million are worth $10m-$100m  (0.66%)
Plus thousands are worth more than $100m.  (Approximately 0.3%)

The wealth of all US millionaires [alone is over] $30 trillion, which is more than the
GDPs of China, Japan, Brazil, Russia and the EU combined.

That totals approximately 9.6 Million American "households" that have more than $10 Million.
- Or - Only (approximately) 3.5% of the total American population.

There is now a two-year waiting list for 200ft yachts.  If put end to end, the boats on that list, which cost $50m each, would be 15 miles long. Sebonack Golf Club in the Hamptons, charges $650,000/membership. That doesn’t include the $12,000 annual dues, or tips for caddies. Google founders Sergey Brin & Larry Page have a private Boeing 767. John D. Rockefeller was America’s first billionaire.  When adjusted for inflation, he had $14bn less than each of Sam Walton’s 5 kids today.

There were 13 US billionaires in 1985.  Now there are more than 1,000.

There are as many millionaires in North Carolina as in India.

“Affluent” is “not really rich”.  One needs about $10m to be considered entry-level rich now.

[Direct Link to the Original Source Article Here.]
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