The difference of the definition of "wealth" in Europe and the US is insane to me

The difference of the definition of "wealth" in Europe and the US is insane to me

I was reading many posts on how to get wealthy, and what I noticed was that Americans would say they are "wealthy" after amassing $2-5 million. First, it is INSANE to see this much money. The salaries here are not even close to the US counterparts (unless u are Swiss). I think Europeans consider themselves "wealthy" even after having $0.5-1 million. The difference could stem from the general social security and that you can rely more on the state in case you are in need.

But I am most curious about both the US and EU perspectives because this is just something I noticed (maybe fully wrong). So what do you think, would you consider wealth in your country?

https://preview.redd.it/274hyxhbwtqf1.jpg?width=1320&format=pjpg&auto=webp&s=423d699671089c25caec944b99e30d5ab3914649

submitted by /u/luckiecks to r/Bitcoin
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Quelle: bitcoin-en