How You Can Quickly Make It into the World’s 1% Richest

EPJ13

“You might  already be there. If not, get a job at McDonald’s and work overtime. It only takes $34,000 a year, after taxes, to be among the richest 1% in the world, according to  World Bank economist Branko Milanovic in his book The Haves and the Have-Nots. CNN reports on Milanovic data: ‘The true global middle class, falls far short of owning a home, having a car in a driveway, saving for retirement and sending their kids to college. In fact, people at the world’s true middle — as defined by median income — live on just $1,225 a year. (And, yes, Milanovic’s numbers are adjusted to account for different costs of living across the globe.)'”

http://www.economicpolicyjournal.com/2013/07/how-you-can-quickly-make-it-into-worlds.html

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