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People underestimate the income of the top 1%, researchers find (phys.org)

submitted 2 months ago by [email protected] to c/[email protected]

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[–] [email protected] 2 points 2 months ago (1 children)

To me net worth makes the most sense. I do agree 1% isn’t as high as people think. When people talk about the 1% they are probably thinking more about the top 0.1% or even 0.01%.

Looking just at the states with ~330 million people that would be 3.3 million 1%ers. Tons of people who never made huge salaries, but are great at saving and investing will be in that category.

[–] Professorozone 1 points 2 months ago

Thank you.