Updated 4 years ago
Updated 4 years ago
Oh, to be in the top 1% club. This group has only gotten richer and more powerful, according to Bloomberg, which reveals what it takes to make the exclusive cut in various countries. In the United Arab Emirates, for example, $922,000 is the annual pretax income required to bump you into the 1%. In much of the developed world, by contrast, an income of $200,000 to $300,000 will land you in the top 1%. In America, where income inequality has widened, it takes $488,000 to enter the top 1%.