• SurveyLance@lemmy.world
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    12 hours ago

    According to UBS Global Wealth Report 2026, Switzerland ranks first in average wealth per adult, while Luxembourg ranks first when wealth is measured by the median. If you mean total net household wealth, the United States is ranked as the wealthiest country.

    Sources:

    • AlligatorBlizzard@sh.itjust.works
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      7 hours ago

      Luxembourg has serious issues too that that metric hides, I’ve looked into it since I qualify for Luxembourgish citizenship and while that would let me live anywhere in the EU it’s probably good to actually live in the country on my passport for a bit - I’d only do it if I won the lottery lol.

      What that metric is hiding is the fact that a lot of the people who actually do the low wage work in Luxembourg live in France and Germany and commute in for work every day. So France and Germany take the hit for Luxembourg’s economic policies around service industry work.

    • Victor@lemmy.world
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      10 hours ago

      total net household wealth

      Pardon my ignorance but what does that term mean exactly? What I’m talking about is how much money the average person has among the majority, basically. For which I imagined the median would be a better sample.

      I have strong doubts about any metric that ranks the United States as the wealthiest country in today’s climate. But I’m okay with being wrong.