Summary
What is the magic number to be considered rich, and what are the U.S. net worth percentiles? Americans said last year that it takes an average net worth of $2.2 million to qualify a person as being wealthy. The median net worth for all families in 2022 was $192,900.
Many view wealthy people as being evil and exploitive, or Scrooge types. The richest 1% of people in the world create more than double the carbon emissions of the poorest. The next generation is redefining the American dream, but some of the basics we still hold.
Who really wants to admit that their life goal is to be rich? It seems pretty vacuous. Wealth, however, is in the eye of the beholder. It is also a generational thing. It's not about the money, it’s about the legacy you leave behind.
