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Old 05-20-2019, 04:54 PM
Status: "Hope is last to lose it..." (set 1 day ago)
 
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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/
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Old 05-20-2019, 05:03 PM
Status: "Hope is last to lose it..." (set 1 day ago)
 
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Also, today it must be bigger in most countries. It would be interesting to see a more updated list.
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Old 05-21-2019, 10:11 AM
 
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the data must be skewed because it's shown in nominal terms, and exchange rate of each country's currency varies a lot.
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Old 05-21-2019, 01:55 PM
Status: "Hope is last to lose it..." (set 1 day ago)
 
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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.
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Old 05-21-2019, 02:18 PM
 
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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
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