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Originally Posted by someone123
It is hard to see any real data in this article. They're reporting on a survey. Even if we assume the financial advisors et al. really know what their clients want and can predict the future, the article says nothing about the sampling or the resulting data itself.
What if they had 15 respondents and 2 said they liked Miami while 1 guy liked Geneve and 0 people happened to put down LA and the Bay Area? When they don't say you have to wonder.
The top 1% in the world are not very wealthy. I think the top 1% of earners make something like $50k a year.
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The bolded number you claim may even be less than the paltry 50K if you base it on the multiple billions of people that are dirt poor and make less than 1 K/year globaly a of course the "
world's " top 1% ers as a whole group might not really have any truely wealth other than a real small numbers of the real wealthy. If you knocked it down x a factor of 100 and showed the top 0.01%ers than that is where the real Global money is.