Are millionaires in the top 1%? No. By net worth, millionaires more than the top 10% of net worth in America, but nowhere near the top 1%. In 2023, 18% of American households were millionaire households. A household with $1,000,000 in net worth needs to approximately 13.5x their weal...
Josh Smith is principal of a middle school in a network of public charter schools __7__ (call). West Denver Prep Charter schools are publicly funded but not operated the same as __8__ (tradition) public schools. Mr. Smith says he likes to show his students this graph so they can se...
population of around 1.4 billion people, India's 1 percent is still 14 million people strong. This means extreme wealth concentrates in the wealthiest 0.1 percent rather than the richest 1 percent, making the division of wealth even starker.A recent report on the countrydetails that on a per-...
This leaves us with a low-income group that may have made some suboptimal decisions. Some of these decisions include having children while not being able to support themselves. Children are estimated to cost roughly $250,000 from the ages of 1-18. Perhaps having multiple children on a low i...