Is Val Marchiore right, or can Juliet be considered rich?

Socialist Val Marchiore sparked controversy yesterday, claiming that the formerBBB JULIET not rich. Marchiori stated on a talk show, “Rica isn’t like that, honey. She just won big brother, who’s rich.”

Juliet earned R$1.5 million by winning the program and made several partnerships with brands, which increased her stake. The BBB heroine’s press office did not tell the story how much she has earned since the end of the show.

Talk show host Mauricio Meirelles estimated that Juliet has “about 5 million R$”, to which Val replied, “Is that rich? A small apartment no gardens [bairro nobre de São Paulo]The square meter of an apartment in Jardin is estimated at about 12.5 thousand Brazilian reals, so a large apartment with an area of ​​​​400 square meters will cost about 5 million Brazilian reals.

But is Val right or can Juliet be considered rich in Brazil?

Justice and income are two different things

An important factor to highlight is the difference between income and equity. Income is the flow of money a person receives that is used for consumption, spending and saving. Equity, on the other hand, is the stock of money and goods. A home, for example, is an asset.

Even if Juliet won 1.5 million R$, if she spent all the money she had on clothes, cars and jewelry, for example, she wouldn’t be able to maintain the standard of living she has now.

“Some BBB winners lost all their money, because they lived without planning. When you don’t have financial planning, you prioritize short-term dreaming,” Pablo Alencar stated, President of the capital value.

The richest 1% have an income above 28.7 thousand BRL

Classifications of social class use the concept of income, not equity. Therefore, Juliet’s place in the Brazilian income pyramid cannot be determined.

But to get an idea, the FGV (Fundação Getulio Vargas) determines that a family with an income of over R$20.9 million (or more than twenty minimum wages) is actually considered wealthy in the country.

For the IBGE (Brazilian Institute of Geography and Statistics), that is, a person with an average monthly income of 28.7 thousand Brazilian reals, he is already part of the richest 1% in Brazil. This value corresponds to 33.7 times the income of the 50% of the population with the lowest income (on average, R$ 850).

IBGE rating from 2019. In that year, the average Brazilian income was R$1,406.

Juliet is among the richest 1% of Brazil’s population. Within this 1%, there are people who are richer than her, but that does not mean that she is not rich.
Gabriella Mosman, investment analyst at Suno Research

Income disparity is large

By saying that Juliet is not rich, Marchiore made two points about the concept of wealth in Brazil. The first is income inequality in the country.

“We are in a very unequal country. In general, the poorest countries have this income inequality, where there are very rich people and very poor people. And this ends up generating misperceptions. There are people who are born very wealthy.And the With a living cost of R$50,000 per month, for example. “They are in an unrealistic class,” Mosman said. “This is not the reality of the country.”

Another point is that the very concept of wealth is a subjective one, which is why the word can be used in different ways.

Juliet herself responded to the social on social media, Claiming to be “rich in values ​​and common sense”.