\[ GWI = \frac{A + B + C + D + E}{5} \]
Where:
A Global Wealth Index is a measure used to compare the wealth of different individuals or households within a country or across different countries. It takes into account various factors such as income, assets, and debts to provide a comprehensive view of an individual’s or household’s financial situation. This index is often used by economists and researchers to study economic inequality, wealth distribution, and the overall economic health of a country or region.
Total Personal Wealth: $100,000
Total Real Estate Wealth: $250,000
Total Business Wealth: $50,000
Total Investment Wealth: $75,000
Total Retirement Wealth: $125,000
Global Wealth Index: \[
\frac{100{,}000 + 250{,}000 + 50{,}000 + 75{,}000 + 125{,}000}{5} = \frac{600{,}000}{5} = 120{,}000
\]
Total Personal Wealth: $200,000
Total Real Estate Wealth: $300,000
Total Business Wealth: $100,000
Total Investment Wealth: $150,000
Total Retirement Wealth: $200,000
Global Wealth Index: \[
\frac{200{,}000 + 300{,}000 + 100{,}000 + 150{,}000 + 200{,}000}{5} = \frac{950{,}000}{5} = 190{,}000
\]