SA dollar millionaires decline

[rpm]

SA dollar millionaires decline

The number of dollar millionaires in South Africa has declined in 2013 thanks to a softer local currency.

 

[Freaksta]

Wonder what the value of the lowest person is in the top 1% in the world!

 

[w1z4rd]

Wonder what the value of the lowest person is in the top 1% in the world!

Probably more than most countries.

 

[Zyzzyva]

Wonder what the value of the lowest person is in the top 1% in the world!

Probably more than most countries.

Not that much.

To qualify for the top 1% in the US you only need to make around $400 000 a year. Most of the top 1% are not that wealthy. What you guys are talking about is the top 0.01%.

Top 1% = $368,238
Top 0.5% = $558,726
Top 0.1% = $1,695,136
Top 0.01% = $9,141,190

 

[w1z4rd]

Not that much.

To qualify for the top 1% in the US you only need to make around $400 000 a year. Most of the top 1% are not that wealthy. What you guys are talking about is the top 0.01%.

Top 1% = $368,238
Top 0.5% = $558,726
Top 0.1% = $1,695,136
Top 0.01% = $9,141,190

Yeah.

If you convert $368,238 into rands its 3,808,961.81pa ZAR. Thats not bad at all.

 

[krycor]

What's the stats for SA? Like 25, 10, 5, 1, 0.1, 0.01% ? Curious..