20 Social Class Pills

[Seth Walsh]

• Richest 1 % holds ~44 % of global wealth.
• That same 1 % owns more than the bottom 95 % combined.
• Billionaire wealth jumped $2 trn in 2024—$5.7 bn per day.
• Four new billionaires were minted every week in 2024.
• In almost every nation, the richest 10 % hold >50 % of all wealth.
• Globally, the top 10 % control 85 % of wealth.
• The bottom half of adults own ≈1 % of world wealth.
• U.S. bottom 50 % holds just 2.4 % of national wealth (2024).
• U.S. top 10 % takes 45 % of all income; Europe’s worst is 36 %.
• U.S. top 5 % collects 23 % of household income.
• Absolute mobility: 90 % (1940 cohort) → 50 % (1980 cohort).
• 42 % of poor U.S. men stay poor; only 8 % reach the top quintile.
• Bottom 20 % U.S. real earnings unchanged for 50 years.
• Starter homes now $1 m+ in 233 metros; need $252 k salary.
• Households spend 34.75 % of income on housing—already cost-burdened.
• U.S. price-to-income ratio topped 7, vs historic 5.
• $83 trn in inheritances set to pass by 2045, locking inequality in.
• Wealth gaps themselves crush mobility, per new U.S. research.
• No country scores 90/100 on the Social Mobility Index; most sit <75.
• OECD spread: Gini 0.22 (Slovakia) vs >0.44 (Chile/Costa Rica); U.S. near the top.

@6ft4 @Foreverbrad

 

[JoeLesbo420]

 

[Deleted member 109943]

 

[underatedgreycel]

Inb4 gpt accusations

 

[underatedgreycel]

@chadbeingmade

 

[Deleted member 110192]

• Richest 1 % holds ~44 % of global wealth.
• That same 1 % owns more than the bottom 95 % combined.
• Billionaire wealth jumped $2 trn in 2024—$5.7 bn per day.
• Four new billionaires were minted every week in 2024.
• In almost every nation, the richest 10 % hold >50 % of all wealth.
• Globally, the top 10 % control 85 % of wealth.
• The bottom half of adults own ≈1 % of world wealth.
• U.S. bottom 50 % holds just 2.4 % of national wealth (2024).
• U.S. top 10 % takes 45 % of all income; Europe’s worst is 36 %.
• U.S. top 5 % collects 23 % of household income.
• Absolute mobility: 90 % (1940 cohort) → 50 % (1980 cohort).
• 42 % of poor U.S. men stay poor; only 8 % reach the top quintile.
• Bottom 20 % U.S. real earnings unchanged for 50 years.
• Starter homes now $1 m+ in 233 metros; need $252 k salary.
• Households spend 34.75 % of income on housing—already cost-burdened.
• U.S. price-to-income ratio topped 7, vs historic 5.
• $83 trn in inheritances set to pass by 2045, locking inequality in.
• Wealth gaps themselves crush mobility, per new U.S. research.
• No country scores 90/100 on the Social Mobility Index; most sit <75.
• OECD spread: Gini 0.22 (Slovakia) vs >0.44 (Chile/Costa Rica); U.S. near the top.

@6ft4 @Foreverbrad

How is that info helps us?

 

[Deleted member 153838]

in ireland 2 people own half the wealth

 

[Seth Walsh]

in ireland 2 people own half the wealth

Dennis O'Brien and Michael O'Leary

 

[Foreverbrad]

Yeah it’s over.
Even in best case you can only grow your money as fast as they do, so you’ll never, ever catch up.

 

[Seth Walsh]

Yeah it’s over.
Even in best case you can only grow your money as fast as they do, so you’ll never, ever catch up.

Just revolutionize with AI BROOOOOOOOOOOOOOOOOOOOOOOO

 

[Deleted member 168505]

The people whose lineages don’t secure inheritance through sociocultural norms will die

 

[Foreverbrad]

Just revolutionize with AI BROOOOOOOOOOOOOOOOOOOOOOOO

Just hustle until you die of a heart attack in your 30s bro