Where are you? Already rich? prgrmr2013-10-28 12:49:36

Found some very interesting figures from ABS (6554.0 2011-12 Household wealth and wealth distribution)

if your family has 1 million, your household has entered top 20% in Australia

if your family has 1.5million, your householder has entered top 10% in Australia

if your family has 2.3million, you has entered top 5%

if your family has over 5million, you are top 1%

 

So, where are you?

 

 

left is total house assets ( total assets minus total liability )

right as percentage of householders better than yours.

 

 

7.0mil 0.5%
5.0mil 1.1%

4.0mil 1.7%

3.0mil 3.1%

2.6mil 4.1%

2.4mil 4.7%

2.2mil 5.4%

2.0mil 6.4%

1.8mil 7.9%

1.6mil 9.9%

1.4mil 12.2%

1.2mil 15.7&

1.1mil 18%

1.0mil 20.7%

0.9mil 23.8%

0.8mil 27.8%

0.7mil 32.6%

0.6mil 38%

0.5mil 44.9%

 

 

real rlich is 0.25% better than you... around 15 million