3 ms·
> I assume by "rich" they are talking top 10% or whatever of society? I live in the UK and it's well-known that you can't just get there through hard work. In
by Ginden 5y ago
> I assume by "rich" they are talking top 10% or whatever of society? I live in the UK and it's well-known that you can't just get there through hard work.
In UK, you need to have wealth of £176,221, excluding personal possessions, to qualify to top 10% percent of wealth, and ~£35,345 per year (2008 data [1], so it's probably ~45k in 2021) to qualify to top 10% of income.
I don't think it's impossible to achieve by hard work.
> I could have easily ended up staying in academia and there's simply no way I would ever have been able to earn this much.
If you stayed in academia, you would probably qualify as top ~12% of income.
[1] https://en.wikipedia.org/wiki/Income_in_the_United_Kingdom#High_income https://en.wikipedia.org/wiki/Income_in_the_United_Kingdom#H...
- globular-toast 5y ago> In UK, you need to have wealth of £176,221, excluding personal possessions, to qualify to top 10% percent of wealth Where on earth are you getting this from? You need well over a £1m to be in top 10% of wealth. And wealth is what really matters, not income.