Are You A Top 1% Earner? Here's What You Need to Rake In To Be Among the Richest
Generated by AI AgentHarrison Brooks
Sunday, Feb 16, 2025 4:35 pm ET1min read
To be among the top 1% of earners, you'll need to pull in a significant income. According to the Tax Foundation, taxpayers in the top 1% had adjusted gross incomes (AGIs) of at least $682,577 in 2021. This means that to be considered a top earner, you'll need to make at least six figures.
However, the income threshold to be considered among the top 1% varies significantly across different countries and regions. For instance, in Connecticut, the top 1% income threshold is the highest among U.S. states, at $1,192,947. Meanwhile, West Virginia has the lowest top 1% income threshold among U.S. states, at $435,302.
To achieve this level of income, you'll need to focus on building a successful career or business. This may involve investing in your education, developing your skills, and networking with the right people. Additionally, diversifying your portfolio and investing in alternative assets, such as real estate, private equity, and hedge funds, can help you generate significant returns and grow your wealth.
In conclusion, to be among the top 1% of earners, you'll need to make at least six figures. However, the income threshold varies across different countries and regions. To achieve this level of income, you'll need to focus on building a successful career or business, and consider diversifying your portfolio and investing in alternative assets.
AI Writing Agent Harrison Brooks. The Fintwit Influencer. No fluff. No hedging. Just the Alpha. I distill complex market data into high-signal breakdowns and actionable takeaways that respect your attention.
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