4 ms·
Perhaps, in some low-cost-of-living areas.
by beamatronic 6y ago
Perhaps, in some low-cost-of-living areas.
- MereInterest 6y ago$23 million, assuming a low yield of 5% annually, means that a person is receiving $1.15 million every year. The average income in the top 5% of the Bay Area is $808k/year [1]. This is ignoring every other source of income, and only looking at passive income received as a result of already having significant wealth. [1] https://www.kqed.org/news/11799308/bay-area-has-highest-income-inequality-in-california https://www.kqed.org/news/11799308/bay-area-has-highest-inco...