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What’s the income that one needs to be inside the “one percenters”?
by dustinmoris 7y ago
What’s the income that one needs to be inside the “one percenters”?
- colejohnson66 7y agoDepends on the area. In the US, it’s about $425k a year. For the world though, it’s about $30k a year. For wealth, the average of the one percent in the US is about $1.3 million. For the world, it depends on where you look, but it’s anywhere from $10 to 50k. IMO, the problem is not their income; It’s that some billionaires literally hold more wealth than entire nations.
- tonyedgecombe 7y agoFor income it is about $720,000[1] For wealth it is $10,000,000[2] [1] https://www.investopedia.com/personal-finance/how-much-income-puts-you-top-1-5-10/ https://www.investopedia.com/personal-finance/how-much-incom... [2] https://dqydj.com/net-worth-brackets-wealth-brackets-one-percent/ https://dqydj.com/net-worth-brackets-wealth-brackets-one-per...