If you live in America, you already know the lives of the top 1% reach up to six figures. However, compared to the rest of the world? You could be a teacher and automatically be at, or near, the top 1% in the world.
According to the Global Rich List, if you have an income of $32,400 USD a year, or roughly 30,250 Euros, 2 million Indian rupees, or 223,000 Chinese yuan, that makes you automatically in the top 1% of the world.
The reason why the bar is so low in order to be in the top 1% of the world is due to the amount of extreme poverty the rest of the world suffers. Additionally, this fact does not take into account variables such as debt, cost of living, etc. - it is strictly looking at income.
Yet all things considered, maybe the next time you complain about not being able to afford that new iPhone (yes $999 is a lot, but still), you should take a look at the globe.
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