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More of us, but not as many as you'd think. The top 1% of the wold is ~70 million people. This is 22% of the US population. The top 22% in the US earn about
by rprospero 15y ago
More of us, but not as many as you'd think.
The top 1% of the wold is ~70 million people. This is 22% of the US population. The top 22% in the US earn about $85k per year. So, if you're making over $85k, you're in the global 1%.
Except, this is rather America centric. If we expand out to the entire G8 (pop. ~880 million), we find that you need to be in the top 8% of G8 salaries to be in the global 1%. This corresponds to about $150k, taking the zeroth order approximation that the G8 distributions are the same as the US one.
Note: Population data pulled from Mathematica and US Household income data pulled from wikipedia (http://en.wikipedia.org/wiki/Household_income_in_the_United_States http://en.wikipedia.org/wiki/Household_income_in_the_United_...). Note that the income data is dated, so corrections are welcome.