Top 1% Net Worth in Different Countries \ stacker news ~charts_and

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LOL and here I thought I was doing well for myself, I got a long ass way to go to be in the top 1%, South Africa does seem a bit low though, 109k isn't even going to get you into a decent neighborhood in Cape Town, maybe in other provinces yes, from what I've read from local reports it would be closer to 211k to be in the top 10% and 800k to in the top 1% locally

270 sats \ 0 replies \ @cryotosensei 29 Feb

Given that Singapore constantly ranks among the top 10 most expensive countries, $3.5 million for the top 1% almost seems too little haha

21 sats \ 4 replies \ @kr OP 28 Feb freebie

Currently less than 1 BTC to be among the wealthiest 1% in Kenya & the Philippines

31 sats \ 3 replies \ @kr OP 28 Feb

I’m surprised that Australia and New Zealand are ahead of the US on this chart

304 sats \ 0 replies \ @Undisciplined 28 Feb

I was too. I wonder if that's from rich people moving to those countries.

501 sats \ 0 replies \ @0b1CoinObi 28 Feb freebie

NZ only has a population of 5.25 million and has some of the most expensive real estate of any country. Coupled with low immigration (no one is walking across a border or sailing a dingy in to NZ). Low housing construction. This has lead to a huge property bubble over the last 20 years, where most house prices in Auckland start at the NZD$1 million where 1.5 million people live, 28% of the pop. Large amounts of high net worth overseas investors, especially from China and other asian countries have led to a house price increases especially in Akl. This has led to a knock on effect in other NZ cities as cashed up Aucklanders have left for cheaper properties elsewhere and lifted those high prices up as well.

0 sats \ 0 replies \ @OT 28 Feb

Must be the smaller populations

1 sat \ 1 reply \ @cascdr 28 Feb

At first I read that as Morocco and I was like damn Moroccans are ballin out in their fez's lmao

0 sats \ 0 replies \ @0b1CoinObi 29 Feb

😂, yeah and I thought, wow, Austria in the third place

0 sats \ 0 replies \ @OT 28 Feb

Interesting

It puts a few things in perspective doesn't it. An average net worth in one country could put you up the top of another country.

306 sats \ 2 replies \ @brandonsbytes 28 Feb

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689 sats \ 0 replies \ @TheBTCManual 28 Feb

I got you fam, don't quote me on it, rates are subject to change

Monaco - 205 BTC Switzerland 109 BTC Australia 91 BTC New Zealand 86 BTC USA 84 BTC Ireland 71 BTC Singapore 58 BTC France 58 BTC Hong Kong 56 BTC UK 55 BTC Italy 43 BTC Spain 41 BTC Japan 28 BTC UAE 26 BTC China 16 BTC Czech Republic 15 BTC Saudi Arabia 12 BTC Romania 10 BTC Malaysia 8 BTC Brazil 7 BTC Mexico 6.3 BTC India 2.88 BTC South Africa 1.8 BTC Phillippines 1 BTC Kenya 0.33 BTC

31 sats \ 0 replies \ @kr OP 28 Feb

yeah important to note that there are 3 million Americans worth more than $5 million each, in that context it sounds pretty substantial to me.