About 13M households in the US have negative net worth, so would I have more wealth than 13M US households put together? Without knowing how this figure is calculated, this seems like a meaningless metric. Though the wealth gap is definitely a problem by any metric, I don’t think this metric is very helpful.
Are they counting children? 2.6B people are under the age of 20. How are they counting money for those?
I agree, still not good, but a very useless metric.