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Correct. I found these numbers for global wealth: “[…] it takes around USD 1.1 million in net worth to land in the global top 1%, around USD 175,000 for the top 10%, and around USD 8,700 for the top 50%.” If you have about 9000 USD you are richer than half the planet. If you own even a moderate home, you’re in the top 10%.