23 Mar 2021
The Wealth Report 2020: Insight 2 of 6
- Posted by Dejan Pekic BCom DipFP CFP GAICD, Senior Financial Planner
According to The Wealth Report, you only need US$2.8m (AU$3.61m) in assets including your primary residence to meet the definition of being part of the top 1% of most wealthy individuals in Australia.
Surprisingly however, you only need US$4.4m (AU$5.67m) in assets including your primary residence to meet the definition of being part of the top 1% of most wealthy individuals in the United States.
Did think that number would be higher for both Australia and the United States.
Click for table.
At Newealth we are always looking to support and promote our clients wherever possible and if you have any ideas or comments, please feel free to email me or to call me on +61 2 9267 2322.
