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Re:The wealth of the 25 richest families in the world soared... by manwe150 on Friday December 08, 2023 @11:59PM (#38578748)
Just to throw a concrete number on this, extrapolating from Wikipedia, about $350k family income will put you above the 1% mark. I assume IPO-windfall would be considerably higher than that and maybe be at least top 0.1% that year ($2M+), which would be a different discussion.

So, mathematically, the number must lie between 1% and 30% that will be in the top 1% over a 30 year career. The question that remains is where in that range, which gives a measure of economic mobility for a country.

Re:The wealth of the 25 richest families in the world soared... by anonymouskimmer on Saturday December 09, 2023 @12:16AM (#38578840)
For those calculating based on average house sales prices, I think the current threshold for a 1% income is just under $550k per year now in the USA.

https://taxfoundation.org/data/all/federal/summary-latest-fe...

> Income Split Point $548,336