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26-10-2021, 08:33 AM
Nicole Spector
Mon, October 25, 2021, 7:01 AM
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America’s 719 billionaires accounted for more than four times more money (US$4.56 trillion) than all 165 million Americans on the bottom of the socioeconomic plane (US$1.01 trillion). It wasn’t always this way. Back in 1990, it was the opposite: billionaires held US$240 billion of the country’s wealth, while the bottom half of earners had US$380 billion combined.
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20. Singapore
Annual pre-tax income needed to be in the 1%: US$627,111
Annual pre-tax income needed to be in the top 10%: US$193,352
It takes a lot of dough to be among the wealthy elite in Singapore. This is partly because the country is the most stable in the world, with no foreign debt and high government revenue. According to the Index of Economic Freedom, Singapore is ranked as the freest economy in the world.
For the other 22 countries, please go here: https://finance.yahoo.com/news/much-earn...22713.html
Mon, October 25, 2021, 7:01 AM
......
America’s 719 billionaires accounted for more than four times more money (US$4.56 trillion) than all 165 million Americans on the bottom of the socioeconomic plane (US$1.01 trillion). It wasn’t always this way. Back in 1990, it was the opposite: billionaires held US$240 billion of the country’s wealth, while the bottom half of earners had US$380 billion combined.
......
20. Singapore
Annual pre-tax income needed to be in the 1%: US$627,111
Annual pre-tax income needed to be in the top 10%: US$193,352
It takes a lot of dough to be among the wealthy elite in Singapore. This is partly because the country is the most stable in the world, with no foreign debt and high government revenue. According to the Index of Economic Freedom, Singapore is ranked as the freest economy in the world.
For the other 22 countries, please go here: https://finance.yahoo.com/news/much-earn...22713.html
