Wednesday, December 06, 2006

Ask City is becoming a very interesting competitor to Google. Here's their answer to Google Maps. Try Ask City to find businesses, movies and events in almost any city and it links you with a map to the location, contact info, reviews, booking agencies, and more.

Thoughts for the Christmas season from a new study called The World Distribution of Household Wealth:
  • The richest 2% of adults in the world own more than half of global household wealth.
  • The richest 1% of adults alone owned 40% of global assets in the year 2000.
  • The richest 10% of adults accounted for 85% of the world total.
  • The bottom half of the world adult population owned barely 1% of global wealth.
  • The research finds that assets of $2,200 per adult placed a household in the top half of the world wealth distribution in the year 2000.
  • To be among the richest 10% of adults in the world required $61,000 in assets, and more than $500,000 was needed to belong to the richest 1%, a group with 37 million members worldwide.

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