I wish you guys would just google it sometimes instead of making off the cuff comments that sound insightful but are actually inaccurate.
All figures are $USD.
From
CNBC in 2018
Quote:
According to the 2018 Global Wealth Report from Credit Suisse Research Institute, you need a net worth of $871,320 U.S. Credit Suisse defines net worth, or “wealth,” as “the value of financial assets plus real assets (principally housing) owned by households, minus their debts.”
To be among the top 10 percent worldwide, you don’t even need six figures: A net worth of $93,170 will do it.
And even if you have just $4,210 to your name, you’re still richer than half of the world’s residents.
|
Yes it'll have shifted slightly post-covid, but you're not automagically in the top 1% just by living in the western world, but it does drop off pretty sharply after that.