You can't imagine that half of the world's population lives on less than $360? You sweet, summer child...

The way net worth works, many people are negative. Meaning they have more liability than assets.

Well, my parents grew up in poverty. And based off what they've said, 380$ net worth sounds too high, unless it's an average. At least back then (even adjusted for inflation btw).

People really don't understand how poor true poverty is, and why things from poor countries are so much cheaper. I have literally seen families that subsisted off of dump sites.

Also, children usually have 0 net worth for obvious reasons, so if we include children that stat is ready to reach. Especially since children are counted in the world population after all.

According to this wikipedia page - Median wealth per adult globally is estimated at $8,654 for a total population figure of 5.5 million, quite a bit less than the global population estimated at 8.1 billion. I'm guessing because this is "per adult" rather than per person. The children of the world are all on the low end of the wealth spectrum and probably would be a large share of the 3.6 billion.

Also questions can be asked about how they value wealth, do we consider debts, etc...in which case there's a lot of people with zero wealth or less, as well as a lot of people who don't have bank accounts and whose wealth is hard to measure is any ordinary sense. Point being, this particular comparison is kind of meaningless without more context. There's probably ways you can do it to get an even larger number than 3.6 billion.

But a more useful and perhaps more surprising metric is that 8 people have as much wealth as 158 million median people. Which is still ridiculous, like those 8 people are worth a Russia's entire population's worth of people. And not just of poor people, but your average adult person who likely has a job and may even be considered on the well-to-do side within some poorer countries.

It's an interesting stat. Is this individuals or households? Is it "head of household" or is it also counting minors?

Regardless, there's enormous disparity.

The median wealth in India, according to Wikipedia, is $3755. There's probably hundreds of millions of people there who fall into the less than $380 category.

Again, Wikipedia, but Africa has just over 700M inhabitants with a median $1242 wealth. That's $879B. For everyone on the continent. 8 people have 1.5X more wealth than an entire continent full of people.

But maybe it's not 3.6B people. Maybe it's 3B or only 2B people. It's still not OK.