Yes, if you're reading this you ARE rich or will be during your life

Now before you shake your heads and dash of e-mails accusing me of being presumptuous...

The richest 2% in the world own half the world wealth according to a comprehensive study by the United Nations University. The bottom half of the world's adult population accounted for only 1% of the global wealth.

To be among the richest 10% of adults in the world required $61,000 in assets, and more than $500,000 was needed to belong to the richest 1%, a group which — with 37 million members worldwide — is far from an exclusive club.

...The concentration of wealth within countries varies significantly but is generally high. The share of the top 10% ranges from around 40% in China to 70% in the United States, and higher still in other countries.

As Greg Mankiw put it "So, from a global perspective, if you have net worth of more than $61,000, you are rich."

If you're interested in seeing how you stack up on income, play with the Global Rich List calculator. The results should astound you and show you how fortunate you are. You are in the top 1% for the planet if you earn more than $36,000 per year.

I find the inequality quite startling and what the world needs are more individuals like Warren Buffet, Bill Gates, and George Soros who use their resources to help those who haven't been fortunate enough to have access to reserouces that are taken for granted in the Western industrialised world.