Birdwatch Note Rating
2025-01-15 03:36:38 UTC - HELPFUL
Rated by Participant: A8881AEE92DD7779E041251F9EA57BF46F3AEB211FE88FDFCD1FF9BE95B5B431
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Original Note:
According to CNBC the top 1% globally needs to have a net worth of $871,320. However, in annual income the top 1% varies by country like in India it can be as low as $60K/yr & in the US it’s $407.5K/yr. Exact annual income to be 1% globally isn’t known & varies by source. https://www.cnbc.com/amp/2018/11/01/how-much-money-you-need-to-be-part-of-the-1-percent-worldwide.html https://www.forbes.com/sites/katharinabuchholz/2024/03/29/how-much-money-do-you-need-to-join-the-top-1-infographic/ https://www.investopedia.com/financial-edge/1212/average-net-worth-of-the-1.aspx
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