Let's try some grade school logic....not Lifer Logic.Rogue Scholar 05 wrote:
Also note, there may be 11 African billionaires but there are 394 American billionaires and when you consider that Africa's population is more than three times that of America, that is really a statement.
But while you seem proud of African billionaires, you seem to hate American billionaires.
Rogue Scholar 05 wrote:
Obviously you do not understand demographics. Sad, very sad.
Sorry, I thought you graduated high school. If Africa has about a billion people and there are 11 billionaires, there are about one billionaires per 91,000,000 people. But here in the American we have over 400 billionaires for 310 million people which means there is one billionaire per 777,000 people.
In other words you are much more likely to be a billionaire if you live in ...... America!
Now, we are talking about ninth grade math here!!! Yes, it is a VERY simple problem with a very simple answer. And you have an electrical engineer degree?!?
Do you know how to use an E6B?
Your conclusion that the number of billionaires is directly related to the total population is incorrect. We do not get so many billionaires for every x number of total population. There is no direct relationship.
Billionaires either inherited their wealth or were very successful in business. The industrial capacity of Africa is no where near that of the USA for example. There just isn't the opportunity to become rich in Africa that there is in other parts of the world.
While your statement that you are much more likely to become a billionair in the USA than Africa is correct, you reason is flawed. Lifer Logic is always flawed.