Wildly inaccurate statistic.
Bottom 10% live on less than $800 per year. [1]
Bottom 30% around $2000 - $3000 per year. [2]
Global median income is about $3000 per person per year. [2]
[1] https://www.worldbank.org/en/publication/poverty-prosperity-...
[2] https://wir2022.wid.world/chapter-1/
I don't get it, you seem to be confirming the claim.
Than translates to "most families on this planet make less than $500 per year"
Wildly inaccurate statistic.
Bottom 10% live on less than $800 per year. [1]
Bottom 30% around $2000 - $3000 per year. [2]
Global median income is about $3000 per person per year. [2]
[1] https://www.worldbank.org/en/publication/poverty-prosperity-...
[2] https://wir2022.wid.world/chapter-1/