What does it mean to be part of the 1%, and how does your net worth compare?

The median net worth of the top 1% is about 67 times higher than that of the typical American.

“The 1%” is a common phrase used to describe the wealthiest Americans. But what does that mean exactly? And what does it take to be part of it?

Understanding what it means to be in the top 1% by net worth can help put your own financial picture into perspective and highlight the stark differences in wealth across the United States.

Emily Batdorf | Yahoo Finance

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