Sunday Times Rich List 2022

Discussion in 'Bulletin Board' started by dreamboy3000, May 20, 2022.

Page 2 of 2
  1. Andy Mac

    Andy Mac Well-Known Member

    Joined:
    Apr 26, 2006
    Messages:
    12,373
    Likes Received:
    12,580
    Trophy Points:
    113
    Gender:
    Male
    Occupation:
    IT
    Location:
    Sweet Home Bingley.
    Style:
    Barnsley Dark
    Yep, still struggling with the wording.

    I am better with simpler (though still obnoxious) phrases like "1% of the worlds population own 90% of the total wealth". That registers in my tiny brain. The original statement above is one of those wordy phrases that I could read a 100 times and still not process.
     
    Andy Mac, May 20, 2022
    #21
    Redhelen likes this.
  2. man

    mansfield_red Well-Known Member

    Joined:
    Aug 18, 2011
    Messages:
    10,752
    Likes Received:
    17,898
    Trophy Points:
    113
    Style:
    Barnsley (full width)
    Let's say a generation accounts for 25% of the population. When boomers were 30-40, their 25% of the population held 21% of all the wealth. Nowadays the 25% who are 30-40 (millenials) hold only 4.8% of the total wealth, meaning that other groups in society have increased the proportion of wealth they hold when compared to previous generations.
     
    mansfield_red, May 20, 2022
    #22
    Redhelen likes this.
  3. Sim

    Simon De Montforte Well-Known Member

    Joined:
    Nov 14, 2009
    Messages:
    5,345
    Likes Received:
    4,793
    Trophy Points:
    113
    Style:
    Barnsley (full width)
    Which group owns the other 60 odd percent? Is it over 80s?
     
    Last edited: May 20, 2022
    Simon De Montforte, May 20, 2022
    #23
    Redhelen likes this.
  4. Andy Mac

    Andy Mac Well-Known Member

    Joined:
    Apr 26, 2006
    Messages:
    12,373
    Likes Received:
    12,580
    Trophy Points:
    113
    Gender:
    Male
    Occupation:
    IT
    Location:
    Sweet Home Bingley.
    Style:
    Barnsley Dark
    Yep, gotcha.

    I think the wording in the article kept making me read it as "millenials only make up 4.8% of the population but hold most wealth". But now I've read it again, it makes sense.
     
    Andy Mac, May 20, 2022
    #24
  5. Old Goat

    Old Goat Well-Known Member

    Joined:
    Dec 15, 2017
    Messages:
    8,101
    Likes Received:
    14,982
    Trophy Points:
    113
    Style:
    Barnsley (full width)
    No, it's Tony Blair, the Royal Family, and Andrew Lloyd Webber. I think Jeremy Clarkson might be jockeying for position too.
     
    Old Goat, May 20, 2022
    #25
    Simon De Montforte likes this.
  6. orsenkaht

    orsenkaht Well-Known Member

    Joined:
    Nov 7, 2009
    Messages:
    12,097
    Likes Received:
    11,928
    Trophy Points:
    113
    Style:
    Barnsley (full width)
    Shows you how industrious we were! ;)
     
    orsenkaht, May 20, 2022
    #26
    mansfield_red likes this.
Page 2 of 2

Share This Page