January 6th, 2007

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We Are All Wealthy


The world's 225 richest people now have a combined wealth of $1 trillion. That's equal to the combined annual income of the world's 2.5 billion poorest people.

A person living in the US at the federal poverty level for a one-person household ($9310/year) is in the top 13.46% richest people in the world. At $50,000/year a person is in the top 0.98% of the world.