11.16.2017

You might be a One Percenter



Are You in the Top One Percent of the World?

Excerpt:

Ranking by Income

According to the Global Rich List, a website that brings awareness to worldwide income disparities, an income of $32,400 a year will allow you to make the cut. $32,400 amounts to roughly:
  • 30,250 Euros
  • 2 million Indian rupees, or
  • 223,000 Chinese yuan
So if you’re an accountant, a registered nurse or even an elementary school teacher, congratulations. The average wage for any of these careers falls well within the top 1% worldwide.

Ranking by Wealth

The threshold is significantly higher if you look at the top percentile by wealth instead of income. To reach that status, you’d have to possess $770,000 in net worth, which includes everything from the equity in your home to the value of your investments. That’s equal to roughly:
  • 720,000 Euros
  • 49.8 million Indian rupees or
  • 5.3 million Chinese yuan
Comment: This surprised me

3 comments:

  1. I hope that all Americans get on the bandwagon and oppose Trump more now than ever. He is trying to give tax cuts to corporations and the rich, who don't deserve it and need to pay their fair share.

    ReplyDelete
  2. I am surprised too. No one in the world needs to make $100,000. Making six figures is obscene and wrong. I hope we as Christians take this opportunity to stand up against the Trump tax breaks he is trying to give to people who make that kind of money.

    ReplyDelete
  3. So if we're both 1%ers, what club are we going to join, and which model of Harley are we going to ride? :^)

    Seriously, I'll stick with my (Wisconsin-built) Trek and praise God for His goodness to us.

    ReplyDelete

Any anonymous comments with links will be rejected. Please do not comment off-topic