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Location: East of Seattle since 1992, 615' Elevation, Zone 8b - originally from SF Bay Area
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One percent is over 34 million people, it seems unlikely to think that many people were making over 5.8 million.
Our median household income is only $74,580.
Monaco, at 12.8 Million has only 341,238,363 people but their median household income is $186,080 in US dollars.
One percent is over 34 million people, it seems unlikely to think that many people were making over 5.8 million.
Our median household income is only $74,580.
Monaco, at 12.8 Million has only 341,238,363 people but their median household income is $186,080 in US dollars.
Sorry, but your math is wrong. You got the decimal point in the wrong place. One percent of 340 million is 3.4 million.
One percent is over 34 million people, it seems unlikely to think that many people were making over 5.8 million.
Our median household income is only $74,580.
Monaco, at 12.8 Million has only 341,238,363 people but their median household income is $186,080 in US dollars.
I have seen different net worth percentage numbers in various sites based on age group. Here is another one that seems high but who knows. This one is showing the 1% net worth of $22,102,660 between age 65-69.
One percent is over 34 million people, it seems unlikely to think that many people were making over 5.8 million.
Our median household income is only $74,580.
Monaco, at 12.8 Million has only 341,238,363 people but their median household income is $186,080 in US dollars.
Making an income of $5.8 million or amassing a Net Worth of $5.8 million?
I have seen different net worth percentage numbers in various sites based on age group. Here is another one that seems high but who knows. This one is showing the 1% net worth of $22,102,660 between age 65-69.
One percent is over 34 million people, it seems unlikely to think that many people were making over 5.8 million.
Our median household income is only $74,580.
Monaco, at 12.8 Million has only 341,238,363 people but their median household income is $186,080 in US dollars.
Don't confuse income with wealth, as used by the OP.
With retirement vehicles in place for a long time, there are many people with more than $5.8 million. The article is behind a fire wall so I don't know if they included real estate and person residences in the tally.
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