If you're reading this, that includes you.
this post was submitted on 07 May 2025
85 points (97.8% liked)
World News
288 readers
325 users here now
Please help and contribute as we vote on rules:
https://quokk.au/post/21590
Other Great Communities:
Rules
Be excellent to each other
founded 9 months ago
MODERATORS
I'll have you know I'm only in the top 20%, not the top 10%
Yeah, my salary is below €42,980 by like... quite a bit
Before or after taxes and social contributions?
Yes.
On the income scale, if you made minimum wage (which equates to $7.25 an hour or $15,080 a year), you would already be in the top 10% of global income. In fact, you’d be in the top 7.8% of income earners worldwide.
If you make $50,000 per year, you would be in the top 0.31% of the world’s population in terms of earning income. Earning just $50,000 per year puts us in the top 1% of the world’s population.
This is by income, not wealth though. It still illustrates how low the bar is.