Interesting Statistics

There are 21,951,000 dollar millionaires in the U.S. That’s 9% of the total population, and the highest number of dollar millionaires in the world.

In Switzerland, 16% of the population are dollar millionaires.

In Kenya, there are 8,500 dollar millionaires, and less than 1,000 are younger than 40 years. Even if we double that number, that’s less than 1% of the population.

In fact, if you want to be part of the 1% in Kenya, you only need a networth of 10 million KES. The gap between the rich and poor is so wide in Kenya. Even those Kenyans with a networth of 10 million KES are one disease away from poverty.

However, there are millions of Kenyans whose income is not accounted for when calculating the statistics.

Kenya is cursed

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If you can’t back up your info… source?..hii umeffi pelekea bibi yako…ati statistics? Tsk…wapi original data…mama ngina international university graduate …aka trump university affiliate

Heshimu @Kumbaffu tafadhali.

My information is thoroughly researched.

U.S. data source.

https://www.statista.com/statistics/262687/countries-with-the-highest-rate-of-millionaires/

List of countries by number of millionaires - Wikipedia

www.businessdailyafrica.com/bd/economy/kenya-fourth-in-africa-s-dollar-millionaires-rank-3795462%3fview=htmlamp

Hii data huwa bullshit. Let me illustrate.

Unaona anybody with an acre of land between Nairobi and Kimende on either side of the A104? They have a net worth h of more than 10m.

That applies all over the country.

Wacha hata hiyo. Many of those pastoralists you are giving food aid to normally have herds of livestock worth billions, na hawaringi.

You can’t use western metrics to calculate local wealth…

Always back up kila unasema to be taken seriously…we can begin kuchambua from there…Sasa naweza try kuelewa

10 m KES is not dollar million

Tulisema all writings should be accompanied by references. Hii ni upuzi umeweka hapa. You wasted your freshman period niggad

Garbage

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Kenya’s underground economy is richer than the one above ground.

Over half of Kenya s population are children under 18,Leta statistics za 18 and above.
A good number of Kenyans are dollar millionaire s shida ni their wealth is locked up in land

True! Hizi data naonanga ni BS tu. There are thousands of people in Kenya with networth ya 10 million and above. Kwani hizi apartments everywhere, plots, pieces of land ni za nani kama si the same Kenyans.

Alafu another thing is that very few Kenyas are comfortable with having their real networth known.

Most of the millionaires he’s quoted in the US have their wealth tied up in property. And they don’t get wealth data by asking people their networth.

I ask @Kumbaffu why he uses dollar as a standard of excellence. Why not shilling millionaires. We live in Kenya, not Chicago.