RetireBy90
Thinks s/he gets paid by the post
Article found on CNBC, at https://www.cnbc.com/2018/11/01/how-much-money-you-need-to-be-part-of-the-1-percent-worldwide.html
Says according to Credit Suisse Research to make the top 1% world wide, you need net worth north of $871,320. I find that number very low considering what I've heard in the past. I expect that most of the top 1% discussion I've read about was top 1% in US not the world. One site found by searching for top 1% was
https://dqydj.com/net-worth-brackets-wealth-brackets-one-percent/
That says you need north of $8M or $10M to be top 1% in US. That sound closer to what I expected.
Something to think about especially if you are thinking of moving to a low cost of living location for retirement or are thinking about how much the UBER rich have compared to your nest egg.
Says according to Credit Suisse Research to make the top 1% world wide, you need net worth north of $871,320. I find that number very low considering what I've heard in the past. I expect that most of the top 1% discussion I've read about was top 1% in US not the world. One site found by searching for top 1% was
https://dqydj.com/net-worth-brackets-wealth-brackets-one-percent/
That says you need north of $8M or $10M to be top 1% in US. That sound closer to what I expected.
Something to think about especially if you are thinking of moving to a low cost of living location for retirement or are thinking about how much the UBER rich have compared to your nest egg.