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SCirish843 t1_j6cd5ta wrote

Reply to comment by Previous_Call_7215 in One day, being a millionaire is not going to be considered rich. by Coronazonewearmask

Super underestimate, making 600k puts you in the top 1%. When people get mad about all the greed and "the 1%" they're actually thinking of the 1% of that 1% but it's just such an unfathomable amount of money that it gets blurred together

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Previous_Call_7215 t1_j6cdt9u wrote

Are you talking about the world or in the US? I was talking about the US.

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SCirish843 t1_j6ce3g9 wrote

The US, I think the confusion is I think you're talking net worth where I'm talking yearly income. Usually when the 1% discussion happens it's "how much do you have to make in a year to be in the 1%" but if you were talking about the net worth of the 1% then yea it would be a much higher number

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Previous_Call_7215 t1_j6ceb3u wrote

Ya i was just taking 22 million millionaires and dividing that by the US population and saying they have a higher net worth than 90% of the population

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