According to the central bank, those born between 1981 and 1996, better known as Millennials, control only 4.6% of the wealth in the country even though they make up the majority of the workforce, with around 72 million people.
While it is not unusual for younger people to accumulate
Also isn’t this skewed because Zuck accounts for 2% himself? I had read that in an earlier post mentioning the same.
2% of the 4.6% of the millineal wealth. A bit different than 2% of the total.
Oh yeah, sorry. I meant that. So in actuality its just the 2.6% amongst the rest.
No, he has 2% of millennial’s wealth, so 0.02 x 0.046 = 0.00092 or 0.092% of the grand total and millennials without him have 4.6% - 0.092% = 4.508% of the total wealth. If his wealth was how you interpret it he would be a trillionaire.
Oh dang, my bad.