this post was submitted on 20 Jan 2024
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By definition, the 1% are the top 1% of earners in the population, so there are 8,100,000,000 * 0.01 = 81,000,000 of them, not 400.
The richest 400 are the 0.000005%.
The 1% line in the US is at $819k a year, and $60k worldwide.