[quote=harvey]I think $2 million sounds about right for the top 1% in net worth.
The curve is very steep.
I don’t recall the exact number, but Bill Gates has more wealth than about 100 million Americans on the bottom of the list combined. Makes sense, because that many people have essentially nothing.
For the political issues, income is more relevant than net worth because taxes are based on income.[/quote]
I think the number is 30million
source http://walmart1percent.org/2012/04/04/the-walmart-1-percent-one-family-richer-than-35-million-us-families/
However, it’s a misleading figure. To slightly change this: if you have 5 bucks in your pocket, you have more money than the poorest 29million Americans combined. The reason for this is so many people have negative net worth (CC debt, student loans, etc) that to be richer than 29millions Americans combined means literally nothing (i.e. zero dollars).
