If you became an owner of 1KG of gold. How rich does that make you compared to the rest of the world?
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A [email protected] shared this topic
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It would certainly accelerate some plans of mine instead of waiting potentially years.
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Whelp, now I know what to do next time I touch one.
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Depends if you can sell it
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Ah damnit so I did. The rest of the numbers are true, just not as close to the 1kg’s worth as noted.
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the median net wealth in the US is right around that $193k number, but the average is just over $1M, which is pretty amazing.
I'd say that the median is the average in this case. The mean usually works as a mathematical average, but in this example, it's clearly skewed.
The difference isn't between median and average, but between median and mean.
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Now always but often. You could even say almost always.
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That's huge amounts of money in most parts of the world. Westerners don't realise just how much more their currency is worth.
