According to the central bank, those born between 1981 and 1996, better known as Millennials, control only 4.6% of the wealth in the country even though they make up the majority of the workforce, with around 72 million people. While it is not unusual for younger people to accumulate
  • kandoh@reddthat.com
    87·
    8 months ago

    I remember hearing the same thing, except it was 2% of all wealth so half of all the money millennials control belongs to Zuck.

    • jmdatcs@lemmy.tfEnglish
      24·
      8 months ago

      Google says (I know) total wealth in the US is 135T.

      2% of the total (almost half of millennial’s 4.6% share) would be 2.7T.

      2% of millennial’s 4.6% would be 124.2B. (Google says he has 111.6B)

      Unless you think the robot has 2.7T, it’s 2% of millennial’s wealth, not 2% of the total.

      Still fucking insane of course.