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If all the wealth in the world was divided equally how much would each person in the world be worth?

Question #148390. Asked by unclerick.
Last updated Apr 10 2021.
Originally posted Apr 06 2021 8:20 AM.

Answer has 2 votes

Answer has 2 votes.
Based on the quote below, we know a person would get 3,100$. But this is what they earn. So, a worth would depend on how long the money is given. Let's say everyone gets 3,100$ equally for 10 days and nobody does anything with it. 3,100 x 10 is 31,000. So if the cash stopped coming in after 10 days and nobody spent anything, everyones worth would be 31,000.
At any rate, extrapolating from the Economist's conservative numbers, we come up with a current per capita world income of more than $3,100, or an average household income for a family of five of $15,500

Apr 06 2021, 9:13 AM
looney_tunes star
Answer has 2 votes
looney_tunes star
18 year member
3268 replies avatar

Answer has 2 votes.
The link above gives an annual (not daily) income figure, which is not really the same as wealth, which would include assets which are previously held.

According to this site, in 2019 world wealth was just under $71,000 per person.
The financial concept of wealth is broad, and it can take many forms.
While your wealth is most likely driven by the dollars in your bank account and the value of your stock portfolio and house, wealth also includes a number of smaller things as well, such as the old furniture in your garage or a painting on the wall.
From the macro perspective of a country, wealth is even more all-encompassing - it's not just about the assets held by private households or businesses, but also those owned by the public. ...
In 2019, total world wealth grew by $9.1 trillion to $360.6 trillion, which amounts to a 2.6% increase over the previous year. ...Last year, growth in global wealth exceeded that of the population, incrementally increasing wealth per adult to $70,850, a 1.2% bump and an all-time high.


Apr 06 2021, 5:19 PM
Answer has 0 votes
21 year member
106 replies

Answer has 0 votes.
Unfortunately, the markets change every second so it's hard to determine.

Apr 10 2021, 3:18 AM
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