Post #7757 by mungofitch on the Berkshire Hathaway board

Stocks A to Z / Stocks B / Berkshire Hathaway (BRK.A) ❤

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I’d think 5.8 million for the top 1% in the U.S is rather low. I wonder if they’re talking individual or household?

Probably individual, since that's the most available data? Just a guess.

That $5.8m threshold sounds vaguely plausible to me, especially if it's individuals. There are lots and lots of rich people, and some VERY rich people, but not really that many very very rich people.

Jim

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