SwissDataHoarding: Telegram Channel for Datahoarders from Switzerland [Subreddit / Reddit]
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Telegram Channel für Datahoarder aus der Schweiz, dalla Svizzera, from Switzerland, de la Suisse. Swiss Datahoarding Channel.
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THE WORLD'S REAL-TIME
BILLIONAIRES https://perma.cc/Y4JP-L3WF

The 100 Billion Dollar Club https://perma.cc/9CPT-ZFBN

Bloomberg Billionaires Index https://perma.cc/WD6Z-U4JP

Forbes puts the number of billionaires in the world at 2,640 in 2023. This means each billionaire should give at least 10'000 mio to USA to fix the issue.
The 10 Richest People in the World https://perma.cc/LR3U-FLVM

The world’s billionaires—only 3,311 individuals—represent almost $11.8 trillion in wealth (= ⅓ of US dept!!!). The global billionaire population continued to grow in 2021, increasing by 3%. Over the same period, billionaire wealth also increased by 18% https://perma.cc/33AS-6MLY

The world’s 10 richest people added $402 billion to their fortunes in 2021. Here’s whose net worth grew the most https://perma.cc/ZH4D-KYJB

Mapping Out the Richest Billionaires in Each Country https://perma.cc/8DVX-P58C

The World Map of Billionaires https://perma.cc/C4WL-KGZU https://perma.cc/2QYW-RTQL

More about this topic https://t.me/SwitzerlandFacts/349

Vermögen https://perma.cc/J2M4-EEBY

Source: GLOBAL INEQUALITY: NET WORTH OF TOP 62 IS AS WEALTH OF THE BOTTOM
HALF OF THE WORLD POPULATION, Top-End Wealth Accumulation: The Forbes Lists and Wealth Inequality, Business and society: Creating shared value: In conversation with N. R. Narayana Murthy, Founder, Infosys, Making it in China: The Determinants of Economic Success in a Socialist Market Economy, Alternative Approaches to Measure Poverty in Russian Regions, Perception of sources of private wealth. A qualitative study of perceptive
schemes of Western and Eastern Bloc students, Some Obstacles to Good Corporate Governance In Canada and How to Overcome Them, Investigating the world's rich and powerful: Education, cognitive ability, and sex differences, The Super-Rich in Global Perspective: A Quantitative Analysis of the Forbes List
of Billionaires, Becoming global billionaires from mainland China: 2004–2018
Credit Suisse, write less bullshit!

Even the ø 2158329/5.463 means 395k as ø or 2158329/(5.463-1.261) 513k by excluding those with less than 1000 CHF.

If we exclude those with > 10'000'000 CHF and less than 1000 CHF we get (2158329-737734)/(5.463-1.261-0.018) ø339k or ø261k (by considering those with less than 1000 CHF).

If we exclude those with > 5'000'000 CHF and less than 1000 CHF we get (2158329-737734-185933)/(5.463-1.261-0.018-0.027) ø297k or ø228k

If we exclude those with > 3'000'000 CHF and less than 1000 CHF we get (2158329-737734-185933-163288)/(5.463-1.261-0.018-0.027-0.042) ø260k or ø199k

So this is a lot different than your mean (arithmetic average) 600k and median (middle number in a set of values when those values are arranged from smallest to largest) 132k

Your sources: Original estimates by authors 🤦‍♂️
Credit Suisse, say less shit! Part 2.

We still need to remember "Under the terms of the settlement, Credit Suisse will pay to the DOJ a civil monetary penalty of USD 2.48 billion"

European Wealth Report is citing Credit Suisse ...

Remember, every report is reporting the 💩 they want. Just an example: Credit Suisse is saying 1.152 mio millionaires in 2021!!!!, 0.884 in 2019 and 19 billionaires in 2019, while Franklin 0.393 mio millionaires in 2023, 0.332 in 2018 and 41 billionaires in 2023, 36 in 2018, UBS 41 billionaires in 2022, Switzerland 0.354 mio millionaires in 2019, ETHZ is writing "The number of billionaires (in real terms of 2020) residing in Switzerland has risen from 45 in 1993 to 128 in 2020", OXFAM "There are 65,095 individuals in Switzerland with a net worth of $5 million or more, with wealth totaling $1.6 trillion. This also includes 4,520 individuals with $50 million or more with combined wealth of $958.7 billion and 40 billionaires" while Switzerland is saying 88195, not 65095 ...

Henley & Partners is reporting 808 individuals with wealth of USD 100 million or more

Universität Zürich (history): "According to tax data linked to the Kriegssteuer, there were 1298 millionaires in Switzerland around 1925 (and among them 380 in Zürich, 198 in Basel and 185 in Geneva), with 61 persons declaring assets over 5 mio CHF: see. «Les millionaires en Suisse», Gazette de Lausanne, 4.11.1926.

Let we check stats for Austria too.

Beer et al. (2006) kommen auf Basis von Erhebungsdaten der Österreichischen Nationalbank (OeNB) aus dem Jahr 2004 zum Schluss, dass das durchschnittliche Nettogeldvermögen österreichischer Haushalte 51.790 EUR betrug (Median: 21.855 EUR).

Laut Umfrage (2006) beträgt das durchschnittliche Bruttogeldvermögen der österreichischen Haushalte 54.666 EUR (Median: 23.579 EUR).

Credit Suisse is reporting a wealth per adult of 91.321 USD in 2000 for Austria ...

More:
https://t.me/SwitzerlandFacts/6
https://t.me/SwitzerlandFacts/485
https://t.me/SwitzerlandFacts/349
Correction related to a previous comment.
https://t.me/SwitzerlandFacts/12

The difference between 2 years in Allianz is 33.4k € (2017-2019) = 1.4k € each month (which seems a bit more realistic ...) or 51.5k € (2019-2021) = 2.1k € (which seems less realistic, considering the COVID crisis ... but people still wasting less money for useless things ...) and not 150k € like previously wrote (because we confused gross and net graphics).

Probably the biggest difference is that Credit Suisse is the only who is considering this:

2158329/5.463 means 395k as ø or 2158329/(5.463-1.261) 513k by excluding those with less than 1000 CHF

Meanwhile difference of 2 years is 100k $ vs. 51.5k €, which is still HUGE! between Credit Suisse and Allianz just as examples. Switzerland is reporting that people save around 753 CHF each month if they live alone and 2.2 - 2.3k if they live in 2 (with or without kids), means 1.1k CHF in 2017. This is pretty identical to 2011 where the values were 740 / 1800 (means if you live in a family you can save 200-250 CHF more in 6 years ...).

Of the 1.1 million households with children under 25 years (29% of households) one-sixth consist of lone parents, most often (83%) single mothers.

Let we say a person is saving 1000 CHF (between 1 and 2 people families), this means 12-13k each year.

So in conclusion: you cannot trust any type of stats you see, even the swiss stats are not 100% true, but for sure Credit Suisse is telling bullshit. Smart people don't keep money at Credit Suisse at all and they don't keep money just on one bank.