2 ms·
I think we're hitting the .00001% here. Such a bizarre reality.
by dandermotj 11y ago
I think we're hitting the .00001% here. Such a bizarre reality.
- nkurz 11y agoActually, I think .1% might be right. .00001% is much, much richer than you are probably thinking. 99.9th percentile US net worth is about 30 million: http://www.federalreserve.gov/econresdata/feds/2015/files/2015030pap.pdf http://www.federalreserve.gov/econresdata/feds/2015/files/20... Arbitrarily assuming a 5% return on that, that's 1.5 million dollars a year, which is about $5K per day. Go out to the club with a few of your .1% friends, and you are right in the $25K per table ballpark while still staying within budget.