household income less than 30,000-poor 35,000-70,000 average-most reside here 75,000-160,000 is above average all the way up to 200 being well above average rich is above 250k/yr even if you have kids. very rich is above 450k/yr drake is wealthy and makes millions each year. most nba players are wealthy even if they dont realize it and spend most of it. above 800k per year is wealthy. people who make billions are just that....billionaires
I always looked it at like wealth is when you have enough as to where the money makes $$ for you and you don't have to do anything. The kinda $$ that won't run out. I couldn't live the rest of my life off 1M.
You're getting rich and wealthy confused -- Drake, NBA ballers, etc are rich -- the people who sign their pay checks are wealthy. /from a Chris Rock bit
are we doing standup or discussing a topic? of course someone with $70 million wants to compare his pot to the billionaires. 98% of world make less than 360,000/yr. someone making double that is wealthy. in 3 years thats over 2 million dollars and consider most dont make half that in there lifetime.