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Erich Bloodaxe BSN

(14,733 posts)
5. Oh, and here.
Thu Nov 26, 2015, 09:35 AM
Nov 2015
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.


From: Are You In The Top One Percent Of The World? http://www.investopedia.com/articles/personal-finance/050615/are-you-top-one-percent-world.asp#ixzz3sblpkUSS

So there ya go. Folks worth more than $770k are the top 1% in the world.

The vast majority of Americans don't make the cut.

ETA: According to a Boston Group research report, just over 7 million American households are worth more than 1 million. Given that households are usually more than one person, I think it's generous to suggest that in the ballpark of 5-7 million Americans are in the global 1%, out of the 325 million or so Americans.
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