How Should Luxury Marketers Look at the Wealth Gap?

Doug Gollan: Selling to the Super Rich -- Ideas, Research and News for luxury marketers

should-you-buy-a-foreclosed-home-1

According to a Bloomberg BusinessWeek analysis of data compiled by Emmanuel Saez and Gabriel Zucman the break out of Net Worth and Household Income goes something like this:

The Top 1 Percent:

–       11,700 households with an Average Net Worth of $760 million with an Average Household Income of $30 million

–       105,300 households with an Average Net Worth of $79 million with an Average Household Income of $6 million

–       1,053,000 households with an Average Net Worth of $13.9 million with an Average Household Income of over $ 1 million

The Next 9 Percent:

–       10,530,000 households with an Average Net Worth of $2.6 million with a Household Income of $150,00 to $400,000

The Bottom 90 Percent:

–       105,300,000 households with an Average Net Worth of $194,200 with a Household Income of under $150,000

The Average Household Income the first group is around $30 million, the second group has…

View original post 430 more words

About Doug Gollan

I am Editor-in-Chief of Private Jet Card Comparisons and DG Amazing Experiences, and a Contributor to Forbes.com.
This entry was posted in Uncategorized. Bookmark the permalink.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s