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To put it into perspective here's Felix Dennis's wealth classification table: £1m-£2m: The comfortable poor £2m-£5m: The comfortably off
by 13b9f227ecf0 13y ago
To put it into perspective here's Felix Dennis's wealth classification table:
£1m-£2m: The comfortable poor
£2m-£5m: The comfortably off
£5m-£15m: The comfortably wealthy
£15m-£40m: The lesser rich
£40m-£75m: The comfortably rich
£75m-£100m: The rich
£100m-£200m: The seriously rich
£200m-£400m: The truly rich
£400m-£999m: The filthy rich
More than £999m: The super rich
http://www.businesswings.co.uk/articles/Felix-Dennis http://www.businesswings.co.uk/articles/Felix-Dennis
- sliverstorm 13y agoTo be clear, this table is considering those with £1m-£2m in assets to be the poor?
- csomar 13y agoI read his book and if I got it right, he mean the poor rich.
- sentiental 13y agoMore that, if you were to never work again (and factoring in some reasonable age starting point) you would be able to live a lifestyle that matches someone who has a lower paying job. $2M/30years => $66k/y.
- cm2012 13y agoWhat percentage of people have over $1,000,000 worth of wealth? I've lived in NYC all my life and I would guess for most people their biggest source of wealth is nothing or their house, generally worth under a million.
- mmanfrin 13y agoHouse in NYC under a million?
- 13b9f227ecf0 13y agoWell, most people are serfs, and poor. I don't think you can define "rich" as a population proportion. In a lot of places in the world 100% of people are poor. I don't think it's unreasonable at all to say people with less than $4 million USD are poor. Anything less than that and you're probably still well stuck in the rat race. One catastrophe away from ruin.
- tptacek 13y agoFelix Dennis is trolling you.