How Much Do You Need To Earn To Be A Part Of The 1%?
Zacks Investment Research | Sep 30, 2019 06:13AM ET
Income standards vary widely in different parts of the world, so to create a standard amount to differentiate the top 1% of wealthy people around the world is difficult. Given that wealth is a constantly changing dynamic, results from different research firms are bound to differ. Yet, none are wrong.
Busting the Myth With Numbers
Contrary to our belief that the top 1 percenters of the world enjoy astronomical income, only about $32,400 in wages a year is required for inclusion into this niche category. This number varies when we consider the statistic from a net worth point of view. A net worth of roughly $871,320 (Zacks Investment Research
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