If you earn more than $52,000 per year, then, speaking globally, you are the 1 percent. If you earn at least $28,000—that’s the typical income for working individuals in the United States—you’re in the richest 5 percent of the world’s population. Even someone living below the US poverty line, earning just $11,000 per year, is still richer than 85 percent of people in the world. Because we’re used to judging ourselves in comparison with our peers, it’s easy to underestimate just how well off those of us in rich countries are.
