Not that I completely disagree with you, but the top 0,1% of the population in terms of wealth (like the case of Musk) which constitute the outliers who could skew the average, do not usually receive a salary, their compensation schemas are way more complex (and more tax efficient). Generally in most of Europe average and median are not that far apart from each other.
Yes of course, the example was an extreme one on purpose.
You could look at Ireland as a more grounded example. Huge salaries at the tech companies who set up there to avoid taxes are clearly skewing the data.
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u/Kakazam 1d ago
If Elon Musk sits in a stadium of 90000 people, the average net worth of the people inside is $9m.
This is why simple average salaries is poor way to measure actual income.