Welcome to City-Data.com Forum!
U.S. CitiesCity-Data Forum Index
Go Back   City-Data Forum > World Forums > Americas
 [Register]
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
View detailed profile (Advanced) or search
site with Google Custom Search

Search Forums  (Advanced)
 
Old 05-20-2019, 04:54 PM
 
Location: Somewhere on the Moon.
10,107 posts, read 14,972,719 times
Reputation: 10394

Advertisements

In a study done in 2013 it was discovered the size of the rich of the rich in Latin America. This includes mostly extended families.

Countries like Brazil and Mexico unquestionably have the largest rich of the rich populations in Portuguese and Spanish America (though Brazil is the only country in the Americas that emerged from the Portuguese empire.) Argentina, Colombia, Chile, and Peru make up the remaining top 5 countries. Dominican Republic leads the small countries of the region (notice all countries above it are medium to big countries; plus, only Puerto Rico and El Salvador are geographically smaller on the list). Many of Venezuela’s rich of the rich probably left the country since then (2013). I’m shocked with Bolivia, Honduras, and Nicaragua. I do wonder if in the last country many are still there, considering the political instability of late. Puerto Rico also made it to the list, despite a crisis since 2006 and Hurricane Maria. Yes, Cuba has rich of the rich too and its big enough to make it to the list.

This mist only includes the richest of the rich, not the entire upper class of any country.



https://www.statista.com/statistics/...latin-america/
Reply With Quote Quick reply to this message

 
Old 05-20-2019, 05:03 PM
 
Location: Somewhere on the Moon.
10,107 posts, read 14,972,719 times
Reputation: 10394
Also, today it must be bigger in most countries. It would be interesting to see a more updated list.
Reply With Quote Quick reply to this message
 
Old 05-21-2019, 10:11 AM
 
881 posts, read 923,747 times
Reputation: 488
the data must be skewed because it's shown in nominal terms, and exchange rate of each country's currency varies a lot.
Reply With Quote Quick reply to this message
 
Old 05-21-2019, 01:55 PM
 
Location: Somewhere on the Moon.
10,107 posts, read 14,972,719 times
Reputation: 10394
Good point. Wouldn’t PPP make the super rich even bigger or numerous in most countries?

Either way the super rich is probably bigger when the illegitimate extreme wealth is included. This is harder to do.

Also, no one knows if most of the people on the list are underestimating their wealth too, as is most other people.
Reply With Quote Quick reply to this message
 
Old 05-21-2019, 02:18 PM
 
491 posts, read 753,809 times
Reputation: 260
Quote:
Originally Posted by joacocanal View Post
the data must be skewed because it's shown in nominal terms, and exchange rate of each country's currency varies a lot.
the nominal isn't calculated in real time lol. just once a year
Reply With Quote Quick reply to this message
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.

Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.


Reply
Please update this thread with any new information or opinions. This open thread is still read by thousands of people, so we encourage all additional points of view.

Quick Reply
Message:


Over $104,000 in prizes was already given out to active posters on our forum and additional giveaways are planned!

Go Back   City-Data Forum > World Forums > Americas

All times are GMT -6. The time now is 10:35 PM.

© 2005-2024, Advameg, Inc. · Please obey Forum Rules · Terms of Use and Privacy Policy · Bug Bounty

City-Data.com - Contact Us - Archive 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35, 36, 37 - Top