this post was submitted on 09 Jul 2023
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Canada
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I believe that number is gonna be very surprising when just using liquid + fixed assets net worth instead of income percentile.
I believe that is what they used...
I mean just sort by net worth hold and grouping them, not grouping by income. ie., top 1% by net worth, top 20% by net worth. Cause some people don't have income but have a lot of net worth.
Ah! I see the distinction now. Yeah, it is odd they mixed and matched like that.