How Much is Your Net Worth?

[specuvestor]

From a sociopolitical point of view I would prefer that we look at the median wealth / Net Worth (which is net of debt) divided by GDP per capita or median earnings to see if the country's citizens are doing well

"The average wealth per Singapore adult came in at US$397,708, putting the Republic in eighth spot, behind Hong Kong in third, and the US in fourth place. Switzerland maintained the first position.

The median wealth per Singapore adult - this looks at the middle number in the whole database - was lower, at US$104,959."
https://www.asiaone.com/singapore/number...content=c6

[ksir]

From a sociopolitical point of view I would prefer that we look at the median wealth / Net Worth (which is net of debt) divided by GDP per capita or median earnings to see if the country's citizens are doing well

"The average wealth per Singapore adult came in at US$397,708, putting the Republic in eighth spot, behind Hong Kong in third, and the US in fourth place. Switzerland maintained the first position.

The median wealth per Singapore adult - this looks at the middle number in the whole database - was lower, at US$104,959."
https://www.asiaone.com/singapore/number...content=c6

Interesting, top tier (the Millionaires) is 6.6% of total populations, whose wealth is about 60% of total wealth.
I reckon not as bad as US! 

2nd tier 43.8% of total populations, 36% of total wealth.
3rd tier 35% of total populations, 5% of total wealth.
The last tier 15% of total populations, 0.02% of total wealth.
This last tier is the tier with <10K wealth, means 15% of populations has <10K wealth. ehm...