How wealthy is everyone who isn't really rich? - Daily Republic
We incessantly track the incomes of hedge- fund managers and other finance stars, the heirs to the Wal-Mart fortune and other $100 billion families. The study found that 71 percent of the global population is either poor (15 percent) or low income (56 percent). The middle class is only 13 percent of the total population. To put some hard numbers on those percentages, with a world population of 7. 2 billion humans, about 936 million are middle class. A little more than a billion (1. 08) are impoverished, and more than half the world's population, a giant 4. 03 billion people, are low income. Pew divided the world's population into five groups: Poor, low income, middle income, upper-middle income, and high income. Less than $2 in daily per capita income is considered poor, based on data showing it takes that much to meet bare minimum human needs. Low income is between $2 and $10, and to be part of the global middle-income group takes $10 to $20 a day. Income of $20 to $50 a day puts you in the upper-middle income range. More than $50 a day, or about $73,000 a year for a family of four, and you are in the global high income group. Source: www.mitchellrepublic.com
