1% is 1.45 cr people. When we talk about the rich it automatically means 0.01%

Consultant

Founder

Haha even I can make up 3-4 random statements and classify those as top 1%. Without data this is BS

Chatgpt: 
  
 - Frequent luxury travel, often choosing flights for vacations. 
 - Own high-end properties in prime locations. 
 Exclusive memberships to elite clubs and resorts. 
 - Diversified investments in various sectors and global markets. 
 - Participation in high-profile philanthropic initiatives, contributing to social causes. 
 - Engagement in exclusive networking events to foster business relationships. 
 - Discreet involvement in art and cultural patronage, supporting and collecting fine works.

Software Engineer

This vegan thing was uncalled for....why you hating on our paneer and ghee bro?

Expensive and out of reach for the bottom of the pyramid

Product Owner

Analyst 

Top 0.01% is $5m wealth | Top 0.1% is $1m wealth

Business Analyst

Investor

Add this to the list: 
 - Earns grapes on Grapevine

Product Manager

Naa that does account for desi/gujju/zameendar public. In terms of money can buy us all off.  
  
 This tweet is millennials barely making it.

Twitter India has about 20m-30m users. So if you are active on twitter, likely you are in the top 2%.

wid.world might help you contextualise data.  
 Maybe we techies are not that poor afterall.

Backend Engineer

Twitter or Twitter k gyani ekdum chuups hote hai.

Are we India's top 1%?

Are we India's top 1%?- Grapevine

Welcome to News Discussion's Private Community

What percentage of Grapevine lies in the top 1%

India's wealth inequality is at a six-decade high with the top 1% owning 40.1% of wealth. Foreign investments led to a surge in billionaires post-1992. PM Modi's tenure saw a widening rich-poor gap amid rapid economic growth.

India's richest 1% has highest concentration of wealth in decades, study shows

Wealth inequality in India at it's highest. 1% of people control 40% of the wealth 🤔

Investment Associate

Welcome to Personal Finance's Private Community

The last I saw, to be in top 1% individual in terms of wealth, you needed to have assets worth $77k. This is from news article of 2020. Sharing link here - 
https://timesofindia.indiatimes.com/business/india-business/this-is-what-it-takes-to-be-in-the-1-around-the-world/articleshow/74057315.cms

Now, based on new data, you need to have assets of around $175k. Approx 150% rise in 3 yrs! Link for the same -
https://www.moneycontrol.com/news/business/real-estate/indias-ultra-wealthy-population-to-surge-58-4-in-next-five-years-knight-frank-10605531.html


Is anyone here in top 1%?

What it takes to be in Top 1% of India

Welcome to Office Gossip's Private Community

A significant increase from 12.5% in 1980

TIL - In India top 1% of income earners now control over 40% of the country's wealth

Recently I came across a report in ToI that said earning 80 K per month puts you at top 4% in India. Assuming that the stats is true, do you feel contended with what you earn?

Being in top 5% or 10%, I feel blessed.

Solution Architect

The present-day golden era of Indian billionaires has produced soaring income inequality in India—now among the highest in the world and starker than in the U.S., Brazil, and South Africa. 

The gap between India’s rich and poor is now so wide that by some measures, the distribution of income in India was more equitable under British colonial rule than it is now.

Since the pandemic begun to Nov 2022, billionaires in India have seen their wealth surge by 121%, or INR 3608 Crore per day in real terms (Around INR 2.5 crore every minute).

Billionaire Raj: India's richest 1% holds 40% of the country's wealth

When Grapevine says 1% of India's Top professionals, does that mean I should earn 53LPA 🥹

I just want to vent out! Many businesses are earning double than me and paying less than 50% of tax and yet here I am as a professional bound to pay tax. And that’s not enough, I still can get audited!

Paying 29L as tax this year!!

I paid 43L last year. 😤😖 
 It feels like I own every inch of new BLR airport. 😅

Engineering Manager

As most of the people here  are working in corporates and most of them belong to the top 1% , i want to know the opinion of this segment of people about the modi government as problems faced by these people are totally different from the other population . Has the Modi government helped in growing businesses in any form ?

Yahi percentile CAT me aati, to bhi 28 lakh ka chuna lagta

Wow! I am in top 3.5% of India

Like even frauds but rich that can buy 100000 worth phones easily. Can buy luxury car if they want etc.

Is there any data present in how much filthy rich people are there?

Software Analyst

🇺🇸 President Biden proposes a 44.6% capital gains tax, the highest in history. 

The proposal also includes a 25% tax on unrealized gains for high-net-worth individuals.

Indian markets - be prepared for the biggest rally of the decade 🔥🔥🔥🔥

HUGE POSITIVE FOR INDIAN MARKET

Indian Market

Harsh truths and reality checks

Generalist

This should help everyone understand the true picture of income brackets Indians fall in, where do viners belong?

Are we India's top 1%?

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