From Elon Musk to Mukesh Ambani, you must have heard or read about the net worth of many people. This billionaire, who earns crores of rupees, is one of the top 1 percent of Indians. Like these great people, everyone dreams of becoming financially strong. You must be planning where to spend every single rupee of your income and how to spend it, but has this question come to your mind that what should be your net worth to be included in the list of top 1 percent rich people of the world? Ankur Variko has also told about this in his YouTube video.
First of all let us tell you the meaning of net worth. Net worth means what is left after deducting your total debt from your total assets, that is your real net worth. This includes your savings, property, shares, business value, bank balance. Net worth is a factor by which the financial condition of any person in the world is understood.
Who can come in the list of top 50% rich people of the world?
If you want to be included in the top 50% rich people of the world, then your net worth should be around ₹ 5 lakh 75 thousand. That means, if your total wealth reaches this level, you surpass half the world’s population.
Net worth for the list of top 30 percent rich
After that comes the category of top 30% rich people of the world. To reach here, the net worth should be around ₹ 20 lakh 20 thousand. This is the level after which a clear difference in both economic security and standard of living becomes visible. To reach this level, people often try to increase their earnings manifold through job, business, property and investment.
Net Worth to be among the top 10% rich
Now if we talk about the top 10% rich people of the world, then to reach this place the net worth should be around ₹ 1 crore 70 lakh. This figure shows that only every tenth person in the world’s population has this much net worth.
At the same time, to reach the top 5% list of the world, the net worth should be around ₹ 2 crore 4 lakh. This is the level where a person can feel complete financial freedom i.e. “Financial Freedom”.
How much net worth is required to become the world’s top 1% rich?
To be among the top 1% of the world’s richest people, a net worth of crores is usually required, although this figure varies from country to country. According to this video, the answer is approximately ₹11 crore 20 lakh. That is, if your total wealth reaches this level, then you will be among the few people in the world who have a major share of the world’s total wealth.
Hearing this figure it may seem that it is impossible to acquire this much wealth. But it can be increased with money, time, proper planning and discipline. In today’s time, investment along with job is the biggest strategy. Be it share market, business, gold, or investing in real estate. Continuous investment over a long period of time can be life changing. The path to reach the top 1% of the world is certainly a long one, but not impossible.
