Econ-quandary: How rich are you?

If you’re reading this in the U.S. (or Canada, Australia, or New Zealand, where most of my readers come from), chances are you’re really rich. To find out the specifics, visit the Global Rich List site, which will tell you how you rank among the world’s wealthiest people.

Apparently, our household is in the top 1 percent of households worldwide. That makes us something like the 47 millionth-and-some richest people. The specifics are news, but the concept isn’t. I often think how utterly privileged we are that we can take a hot shower anytime, have loads of food piled around our house and a grocery store a block away where we can buy whatever we want, a furnace, three times as many rooms as residents in our house, and a car to drive us all over town.

Take a minute to think of how much you have — even when it feels like you have nothing. Then find a way to distribute a little bit of that to somebody who needs it.


One thought on “Econ-quandary: How rich are you?

  1. Claire Walter says:

    I’m an American currently in Manchester, England, for a conference. While the objective figures of North Americans’ relative wealth is certainly true, those of us living in the US feel more like poor churchmice here now. The exchange rate between the US dollar and British pound is now 2 to 1 — and the US and Canadian dollars are virtually at par. Brits and our Canadian colleagues alike are talking about what a bargain a trip to the US is these days. Subjectively, we don’t feel rich at all.

    Claire @

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