https://www.investopedia.com/articles/personal-finance/050615/are-you-top-one-percent-world.asp
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.
Figure 1. The percentage of global wealth owned by the top 1% surpassed 50% as of 2016.
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
Making 1% Ranks in U.S.
Who constitutes the 1% if you just look at the U.S.? Not surprisingly, it takes a massively higher income to crack the top percentile of wage earners: you’d have to make $450,000 in adjusted gross income (AGI) to make the cut.
And to rank among the highest 1% of Americans by wealth? That requires net assets of more than $7 million, based on the latest Federal Reserve figures.
Compare that to the wealth of $49,460 for the average adult living in North America and $11,319 for Europeans. Now, the median wealth represents what most people have, the average will be much higher especially in countries where assets are so skewed toward the ultra-rich, like the United States. The average wealth of the U.S. wealthy is $344,692 per adult