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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.

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