It might surprise you to learn that someone with that kind of net worth is not "wealthy," relative to the country's elite earners. If this sounds wild to you, take a look at the chart we made ...
As a frame of reference, the highest level of average net worth in households in 2022 was $1,059,470 while the median was $192,700. This chart from the 2022 Survey of Consumer Finances helps us to ...
High net worth individual is a classification used in the financial industry. The exact figure that elevates someone into the high net worth individual category varies by age and location ...