If suddenly in the 1%?

[Ted King]

Are you talking about the top 1% in wealth or income? Are you talking about top 1% relative to the US or relative to the whole world?

http://www.investopedia.com/articles/per...-world.asp

Relative to worldwide:

According to the Global Rich List, a website that brings awareness to worldwide income disparities, an income of $32,400 a year will allow you to make the cut.
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The threshold is significantly higher if you look at the top percentile by wealth instead of income. To reach that status, you’d have to possess $770,000 in net worth, which includes everything from the equity in your home to the value of your investments.

Relative to the US:

Of course, Americans live in the United States, contending with U.S. prices. Who constitutes the one percent if you just look at the U.S.? Not surprisingly, it takes a massively higher income to crack the top percentile of wage earners: You’d have to make $434,682 in adjusted gross income to make the cut, according to the non-partisan Tax Foundation.

And to rank amongst the highest one percent of Americans by wealth? That requires net assets of more than $7 million, based on the latest Federal Reserve figures.