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Is the Head of Oxfam in the richest 1% of world population?

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  • Pythagoras
    replied
    Originally posted by Waterfordlad View Post
    Pythagoras, you may well be within the top 1% too.
    I may or may not be but I'm not the Head of Oxfam making out that this is wrong.
    Shouldn't he at the very least slash his own salary if he's sincere about this?

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  • Upfront_1979
    replied
    Actually never mind its the same content as original article posted by Pythagoras

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  • Upfront_1979
    replied
    On a similar vein. 62 people own as much as the poorest half of the world

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  • Upfront_1979
    replied
    http://www.foxnews.com/world/2016/01...test+-+Text%29

    Leave a comment:


  • Waterfordlad
    replied
    Pythagoras, you may well be within the top 1% too.

    According to the Global Rich List, a website that brings awareness to worldwide income disparities, an income of $32,400 a year will allow you to make the cut. Using current exchange rates, that amounts to roughly:
    29,100 euros
    2.1 million Indian rupees, or
    200,900 Chinese yuan

    So if you’re an accountant, a registered nurse or even an elementary school teacher, congratulations. The average wage for any of these careers falls well within the top one percent worldwide.


    http://www.investopedia.com/articles...cent-world.asp


    Ranking by Wealth

    The threshold is significantly higher if you look at the top percentile by wealth instead of income. To reach that status, you’d have to possess $770,000 in net worth, which includes everything from the equity in your home to the value of your investments. That’s equal to roughly:
    692,000 euros
    48.9 million Indian rupees or
    4.8 million Chinese yuan

    Americans rank extremely high in terms of household wages – sixth worldwide, according to a 2013 Gallup survey – but not as high when it comes to median wealth. In fact, Credit Suisse ranks the U.S. just 25th by this measure.

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  • Pythagoras
    replied
    Originally posted by Balla Boy View Post
    http://www.thirdsector.co.uk/charity...rticle/1335060


    He's on less than £125,000 per year. Running a large, complex, high profile organisation I'd say that's a pretty reasonable sum.

    Graduate recruits in Investment Banks are on £45-50k.
    I think that there is a fair chance that that income puts him in the top 1% bracket, given that the overall wealth required to be in the top 1% (including house value) is about £550k.

    If he is in this bracket, then what should he do, given that his organisation has chosen to highlight this as being unfair?

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  • Balla Boy
    replied
    Originally posted by Pythagoras View Post

    http://www.thirdsector.co.uk/charity...rticle/1335060


    He's on less than £125,000 per year. Running a large, complex, high profile organisation I'd say that's a pretty reasonable sum.

    Graduate recruits in Investment Banks are on £45-50k.

    Leave a comment:


  • Is the Head of Oxfam in the richest 1% of world population?

    World's wealth held in hands of richest 1% of population - Oxfam

    Just wondering, like.
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