this post was submitted on 08 Oct 2025
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[–] bizarroland@lemmy.world 2 points 2 days ago

Exactly, it's like when you look at US median wealth distribution, if you don't strip off the 0.1% at the top that have over a billion dollars in assets, then it makes everything massively lopsided and skews incredibly higher than reality.

Being told that at the age of 35, your average peers have a net worth of $175,000 is not anywhere near true for most people that's actually 35 and surrounded by peers.

You just have a couple of money bag multi-billionaires massively counterbalancing the far higher number of people with negative net worth.