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This is a list of the world's countries measuring the income of the richest one percent each (before taxes and transfers). The source of the data is the United Nations Development Programme , and refers to the latest available date. [ 1 ]
The main distinguishing feature of this class, which includes an estimated 1% of the population, is the source of income. While the vast majority of people and households derive their income from wages or salaries, those in the upper class derive their primary income from business profits, investments, and capital gains . [ 5 ]
Per Forbes (April 2024) [1]; Rank Rank per capita Country/Territory Billionaires Rate - World 2,781: 0.343 1 11 United States 813: 2.420 2 53 China 406: 0.288 3 58 India 200: 0.144
Alaska Minimum income needed to be considered 1%: 444,471 Average income of the 1%: $936,890 Average tax paid: $232,313 Average tax rate: 24.80%
The top 1% of taxpayers — those who earn $561,351 or more — paid 42.3% of the total tax revenue collected in 2020, according to the latest figures from the IRS.
National net wealth, also known as national net worth, is the total sum of the value of a country's assets minus its liabilities. It refers to the total value of net wealth possessed by the residents of a state at a set point in time. [ 1 ]
1 Qatar: Oil & Gas 2 Luxembourg: Top 10 Tax haven — Macau: Tax haven (Sink OFC) 3 Singapore: Top 10 Tax haven (Conduit OFC) 4 Brunei: Oil & Gas 5 United Arab Emirates: Oil & Gas 6 Ireland: Top 10 Tax haven (Conduit OFC) 7 Switzerland: Top 10 Tax haven (Conduit OFC) 8 Norway: Oil & Gas — Hong Kong: Top 10 Tax haven (Sink OFC) 9 United States
(Bloomberg Opinion) -- Bernard Arnault, the boss of LVMH Moet Hennessy Louis Vuitton SE, exceeded even his own incredibly low yield expectations in his company’s giant bond sale this week ...