Americans Now Need at Least $500k a Year to Enter Top 1%

Re:Americans Now Need at Least $500k a Year to Enter Top 1% by pcurve on Wednesday October 16, 2019 @08:02PM (#21277526)

i find it interesting that top 10%, 5%, 1% wealth are inversely proportional... 1 mil, 2mil, 10mil. Top 1%.

Interestingly, 0.1% 'only' owns $45mil, and 0.01% owns $111 mil. It sounds rare, until 1 out of 10,000 own $111 mil.

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Re:Americans Now Need at Least $500k a Year to Enter Top 1% by programmertote on Wednesday October 16, 2019 @08:04PM (#21277547)

I think it's household, so maybe multiply by the number of average people in a household (say 2.6 is US average household size, so we can say 1 out of 26K owns $111m)?

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