We assume that you’re not a billionaire, since billionaires spend too much time scheming to screw around on the internet, but you’re also not impoverished, because again, internet. So, how rich are you compared to the rest of the world?
Enter The Global Rich List. You can choose to enter your net annual income or your personal wealth (in terms of home equity, value of possessions, and value of assets), and it’ll tell you just how rich you are compared to the rest of the world.
Say, for instance, you’re making $32,000 annually, like some of the people in a recent GridTO story about people living in Toronto for less than 35k (granted, they were talking gross, not net). Adjust for taxes (using this Canadian Income Tax Calculator) and you’re in the top 3% of the world’s wealthy. Not too shabby, right? Keep scrolling down, and the site will tell you how much longer someone in say, Indonesia, would have to work for that kind of scratch, how much longer someone in Ghana will have to work for a coke, and how many doctors could be paid with your salary in a place like Malawi.
What’s especially interesting is comparing how rich your income makes you with how rich your wealth makes you. The aforementioned people in the Grid’s article have no home equity or real investments, so with only moderate possessions they’re only in the world’s top third richest people—although, realistically, debt would lower their standing.
The take-away from all this, aside from a lesson in the necessity of turning your income into wealth, is we’ve got it pretty good, in the grand scheme of things.
