Forum Post: Orders of magnitude (currency)
Posted 12 years ago on Aug. 8, 2012, 10:49 p.m. EST by Underdog
(2971)
from Clermont, FL
This content is user submitted and not an official statement
Just to remind you why we're here (I know you know it, but doesn't hurt to be reminded when you run across statistics like this).
http://en.wikipedia.org/wiki/Orders_of_magnitude_(currency)
$42.7 ×10^12 = total wealth of all 10.9 million rich people (defined as those with $1 million or more of investable assets) in the world as of 2010. Thus, the rich, 0.15% of the world's population of 7 billion, control 30.5% of all world financial assets of $140 trillion.
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