Suppose ten of you live in a neighborhood. Nine of you are out of work - you have zero income. The dude at the end of the street makes $10M/year.
People are impressed because the average income of people in your neighborhood is $1M/year.
That feeling doesn't pay your rent, buy your groceries, or cover your medical bills.
That's what a concentration of wealth means.
(btw - 20 years ago I was going to write Head First books on Calculus and Probablility/Stats and that was a stats example)
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