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Where do you get half the population from? According to the statistics that they gave, an estimated 3.5 million Americans were that wealthy. In 1996 the US po
by btilly 5y ago
Where do you get half the population from?
According to the statistics that they gave, an estimated 3.5 million Americans were that wealthy. In 1996 the US population was around 270 million so we're talking about the top 1.3% of Americans by net worth.
For more about what this group looked like, read https://www.washingtonpost.com/wp-srv/style/longterm/books/chap1/millionairenextdoor.htm https://www.washingtonpost.com/wp-srv/style/longterm/books/c....
- Retric 5y agoThat’s what a a median of $1.6 million and a minimum of 1.0 million means. Half of their population was 1.0 to 1.6 Million the other half was over 1.6 million.