By Annabel Candy
According to the 2011 Credit Suisse Global Wealth report published in October 2011, Australia has a median wealth of US$222,000 (AU$217,559). That’s the highest in the world and nearly four times the amount of each US adult. You can read the full report here.
Apparently the wealth of your average Australian is 55 times greater than the average wealth around the world.
Yet I guess a lot of us wealthy people don’t feel that lucky. There’s still a huge gap between the super wealthy and the poor here in Australia as in North America. Plus, with our consumer society we’ve all been trained to want more and more, no matter how much we already have.
It got me thinking about how lucky we are compared to the poorest countries in the world who funnily... More...
