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A 'top 20%' earner can put money in equities and gain some leverage but that's it. A top 5% can have access to some special opportunities, be an insider at a c
by jollybean 5y ago
A 'top 20%' earner can put money in equities and gain some leverage but that's it.
A top 5% can have access to some special opportunities, be an insider at a company or have stock options.
A top 0.5% will be CEOs, Bankers, and connected individuals (through family/school networks).
Top 0.1% gets access to giant deals via government, international industrial or political relationships, access to major financing (i.e. SPACs).
As you can see in the charts from the article the 'jump' from each of the tranches is oddly about the same.