Levels of Wealth : Inside The Secret Lives of The Ultra-Rich

If you earned $1 per second, then to make 1 million dollars would take you about 11 and a half days. But to make 1 billion dollars, would take you over 31 and a half years. You see, it’s easy to think of wealth in terms of rich or poor, but broadly speaking, there are arguably 5 different levels of rich, and at each level, things change very drastically. The difference between what a millionaire can do, and a billionaire can do, is simply staggering.

The Top 1% Even though this phrase is synonymous with being extremely rich, if your income is over about $200,000 a year, you would technically be part of the top 1% of worldwide earners. And so being in the top 1% may not make you feel quite as rich as you think. Which is why beyond this level, wealth starts being measured in net worth rather than income, as the more wealth you have, the more assets you have, and you’re probably not making your money from a salary.

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