Hacker News new | ask | show | jobs
by andsoitis 1101 days ago
> There are several magnitudes more millionaires than that.

According to the Distribution of Wealth page on Wikipedia (https://en.wikipedia.org/wiki/Distribution_of_wealth), millionaires (> US $1M, i.e. incl. billionaires) own 46% of property, while the middle class (US $100 - $1M) own 39%. https://en.wikipedia.org/wiki/Distribution_of_wealth#/media/...

1 comments

Yes? Seems about right.

Excluding primary residences would likely significantly shift this figure, but the figures seem reasonable..