How much do you need to make to be a one-percenter?

April 11, 2012 | By | Reply More

More than half of those recently polled by Gallup said an income of no more than $150,000 would qualify that person as rich.

When asked how much money per year would be necessary for them to consider themselves “rich,” 53 percent mentioned an income of $150,000 or less, and 71 percent said an income of $300,000 would be enough. Wealth marketing HNW Inc. considers an income of more than $350,000 per year enough to push someone into the one percent. But they also say most one percenters aren’t aware of their exceptional status.

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Category: income disparity

About the Author ()

Erich Vieth is an attorney focusing on consumer law litigation and appellate practice. He is also a working musician and a writer, having founded Dangerous Intersection in 2006. Erich lives in the Shaw Neighborhood of St. Louis, Missouri, where he lives half-time with his two extraordinary daughters.

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