What’s the income that one needs to be inside the “one percenters”?

tonyedgecombe · on Nov 9, 2019

For income it is about $720,000[1]

For wealth it is $10,000,000[2]

[1] https://www.investopedia.com/personal-finance/how-much-incom...

[2] https://dqydj.com/net-worth-brackets-wealth-brackets-one-per...

colejohnson66 · on Nov 9, 2019

Depends on the area. In the US, it’s about $425k a year. For the world though, it’s about $30k a year.

For wealth, the average of the one percent in the US is about $1.3 million. For the world, it depends on where you look, but it’s anywhere from $10 to 50k.

IMO, the problem is not their income; It’s that some billionaires literally hold more wealth than entire nations.