Gallery image 2

  • halcyoncmdr@piefed.social
    link
    fedilink
    English
    arrow-up
    7
    ·
    21 hours ago

    You’re not wrong… But the crossover age range of the vast majority of billionaires and seniors is a damned circle, it’s both a class and age thing simultaneously. Boomers are usually defined as those born between 1946 and 1964, so that age range would be 62-80 as of 2026.

    Nearly half of the 3,323 billionaires worldwide in 2023 were between 50 and 70 years old. Moreover, more than 40 percent were above 70 years, whereas around 10 percent were below 50 years.
    https://www.statista.com/statistics/621046/age-distribution-of-billionaires-globally/

    And that ignores the much larger number of them that are under a billion but still well on their way up towards it. In practicality, there’s little difference between 100 million and a billion despite it being 90% less.

    • guillem@aussie.zone
      link
      fedilink
      English
      arrow-up
      3
      ·
      15 hours ago

      Of those mentioned between 50 and 70 years old, the ones up to 61 are Gen X.

      Also the trillionaire is Gen X.

      I have seen so many boomers going to the front of demonstrations to make the police hold back their batons.

      It’s not a generational issue, it’s a media bombardment of manufactured issues with a generational spin. In that picture we should be angry at not having enough benches for everybody instead of blaming the beneficiaries of that dumb sign.