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States by number and share of households with more than $1 million in investable assets (2019) [2] Rank State Number of millionaire households Share of millionaire households 1 California: 1,147,251 8.51% 2 Texas: 650,216 6.32% 3 New York: 570,456 7.52% 4 Florida: 496,971 5.87% 5 Illinois: 346,873 7.13% 6 Pennsylvania: 328,859 6.44% 7 New Jersey
One 2009 empirical analysis analyzed an estimated 15–27% of the individuals in the top 0.1% of adjusted ... Top 5 states by high net worth individuals (more ...
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%.
• The top 1% of earners comprise more than 26% of the nation's total income. • Meanwhile, the bottom 50% – half the country – share just 10.4% of the total income.
After the Great Recession which started in 2007, the share of total wealth owned by the top 1% of the population grew from 34.6% to 37.1%, and that owned by the top 20% of Americans grew from 85% to 87.7%. The Great Recession also caused a drop of 36.1% in median household wealth but a drop of only 11.1% for the top 1%. [55] [53]
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
Country % of income of the richest 1% Albania 8.2 Algeria 9.7 Angola 15.2 Australia 9.1 Austria 9.3 Bahrain 18.0 Belgium 7.8 Benin 17.5 Bosnia and Herzegovina 8.9
These 5 magic money moves will boost you up America's net worth ladder in 2024 — and you can complete each step within minutes. ... The top 1% all live better than John D Rockefeller was living ...