Net Wealth Percentiles
 

We can't find such statistical data for Singapore.

But for USA, these are the top 10 percentiles (USD) for household net worth:

90% $1,219,126
91% $1,355,268
92% $1,541,905
93% $1,767,510
94% $2,080,569
95% $2,584,130
96% $3,294,388
97% $4,640,603
98% $6,557,022
99% $11,099,166

Reference: https://dqydj.com/average-median-top...th-percentiles

If you have data for Singapore, please post here!

A friend made the following estimations for Singapore households based on credit suisse 2019 report:

Out of the 1.4 million households in Singapore,

Top 10% (140k households) -- 1.2m to 1.5m USD
Top 3% (42k households) -- 5m USD
Top 1% (14k households) -- 12m USD
Top 0.5% (7k households) -- 20m USD
Top 0.1% (1.4k households) -- 50m USD

For individuals in Singapore (as opposed to households), in terms of net wealth (including residence):

4% have more than 1m USD
45% have 100k - 1m USD
37% have 10k - 100k USD
14% have less than 10k USD


Source: Credit Suisse Global Wealth Databook 2019

Rubbish data. Only 4% here are millionaires? Cóme on.

rick ross net worth.
 

s://theexchange.africa/business/net-worth/rick-ross-net-worth/

looks like education failed u... look at the 2nd bracket.
in that 45% sector, it comprises of millionaires too.

face palm.

It's easy to be a millionaire if you include cpf and property. Which would make up close to 50% or more of your networth.

Liquid assets 1mio is harder and less prevalent.

net worth is not just assets...

many bought their million dollars property on a mortgage.

if you have not paid off that mortgage...your asset of 1.3mil condo is gonna offset by your 1mil mortgage...

The updated household net wealth for US for the year 2023:

90% $1,920,758
91% $2,157,988
92% $2,382,960
93% $2,692,160
94% $3,088,722
95% $3,779,600
96% $4,699,180
97% $6,150,980
98% $8,464,740
99% $13,666,778

Source: https://dqydj.com/net-worth-percentiles/

If you have the latest data for Singapore, please post here!

Net worth by percentile of net worth from US Federal Reserve
 

Source:
https://www.federalreserve.gov/econr...ange:1989,2022

https://i.imgur.com/TOOcSwI.png?1