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Joining the 0.1%: A net worth of $62M The top 0.1% of Americans represent the pinnacle of wealth, and joining this exclusive club requires a net worth of approximately $62 million.
To be in America's top 1%, ... For the billionaire bracket, those with a net worth of between $2.5 billion and $5 billion would pay 6% tax over $32 million, 7% between $5 billion and $10 billion ...
The average wealth of the top 0.9% is around $21.83 million – while the top 0.1% have an approximate net worth of $158.65 million, according to Federal Reserve Economic data. Don't miss
This demographic constitutes roughly 1% of American households. ... 27% of the individuals in the top 0.1% of ... high net worth individuals (more than $1 million ...
The Forbes 400 Richest Americans list has been published annually since 1982. The combined net worth of the 2020 class of the 400 richest Americans was $3.2 trillion, up from $2.7 trillion in 2017. [1] As of March 2023, there were 735 billionaires in the United States. [2]
For those looking to have a more reasonable goal, a household net worth of $1.17 million will get you into the top 5%, and about $970,000 earning your household a spot in the top 10%.
In Inequality for All—a 2013 documentary, narrated by Robert Reich, in which he argues that income inequality is the defining issue of the United States—Reich states that 95% of economic gains following the economic recovery which began in 2009 went to the top 1% of Americans (by net worth) . [28]
Here's a look at the minimum net worth needed to join the 1% in select countries as of the end of 2023: • Monaco: $12.88 million • Luxembourg: $10.83 million