How the Rich Make Money
Posted on April 27th, 2009 by George Krueger & Mary-Lynn Foster
The Federal Reserve recently published some new wealth data [PDF]. They looked at levels of net worth and the income associated with each. They defined net worth as total assets (including a primary residence) minus any money owed.
You need a net worth of over $8 million to make the top 1%, $2 million gets you [...]
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