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How much you need to earn to be rich in Australia as country sees a rise in the ultra wealthy – NEWS.com.au

How much you need to earn to be rich in Australia as country sees a rise in the ultra wealthy

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Aussies wanting to rank in the top 1 per cent of the population by wealth require $US2.8 ($A3.5 million) to qualify. But for those wanting to aim a little lower, there are an estimated 44 Australian billionaires and almost 177,000 millionaires, with the majority based in Sydney, according to a global report from real estate agents Knight Frank.
When it comes to the ultra wealthy who have at least $US30 million ($A38 million) to their name there are almost 3200 Aussies that qualify – a figure that…

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