A new measure of poverty, Bill Gates edition

gates_wealth

 

The World Bank classifies countries around the world into income groupings (middle class, upper middle class), understandably using arbitrary and subjective cut-off points. I’d like to propose using Bill Gates’ wealth as a new cut-off point.  The above map, courtesy of @Amazing_Maps, depicts in red all of the countries that have GDPs lower than Gates’s wealth.

I think reasonable people can agree that if a country’s total income is outweighed by the wealth of a single (albeit incredibly rich) individual, than that country’s economy has some room for improvement!

2 thoughts on “A new measure of poverty, Bill Gates edition

  1. We have to look at the population as well. Iceland should have been left out! It is a very developed country. Is Israel there as well? Is that effing Taiwan?

  2. This guy is really one of my favorites and I love to work like him one day. I believe that behind every success there is strong determination, passion and hard work, so the person doing this will always find himself successful. I work with OctaFX broker and it’s an 11 times award winning broker with latest addition been best STP broker, so working with such company is always going to rub on us and we will make good profits consistently.

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