US top 1% wealth threshold rises to $5.8M, Monaco highest at $12.8M, per Knight Frank report.

The wealth threshold to join the top 1% in the US has risen to $5.8 million, a 15% increase from the previous year's $5.1 million, according to a report by Knight Frank. Monaco remains the location with the highest wealth threshold at $12.8 million. The findings highlight the widening gap between rich and poor countries as rebounding markets in the US and other Western nations continue to grow.

February 28, 2024
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