Counting Cash

The Friday File: While global wealth totals $255 trillion, the median wealth of all 4.8 billion global adults is just $2,222; the average is $52,819. In North America, it takes $4.47 million in wealth to be in the top 1%, in Europe it takes $1.41 million, in Asia-Pacific $660,000 and in China $230,000. The 33 million earthly millionaires, 0.7% of the global adult population, own 45.6% of all planetary wealth.