[Renato1 (Renato)]

I was reading the Credit Suisse Global Wealth Report 2021 last night - free downloads of the Report and of the Databook - curious to see if the lockdowns had reduced our standing.

Surprisingly, instead of going down, Median Wealth actually increased in 2020 by US$32,280 to US$238,070 per adult - keeping us solidly in the number one position.

I think it explains why in pre-pandemic times, no matter where you flew on the planet - you'd always run into Australians, even though their numbers are relatively small. I think it also explains why so many people here have so many great kits of astronomy and photographic equipment.

I've attached Table 2 from the report which shows the rankings. Of interest is that the USA which comes in at No 2 in Mean Wealth per adult, doesn't even make the Top 20 in Median Wealth (it comes in at No23 with US$79,274 per adult) - for it's individual citizens, on average, any adult you randomly come across over there, is likely three times poorer than any adult you randomly come across over here.

I suppose the biggest curiosity is why our politicians never tell us we're the richest people on the planet.
One would think it would be a good selling point at elections.
Regards,
Renato