Do you consider yourself to be rich? Respondents to Schwab’s 2021 Modern Wealth Survey said a net worth of $1.9 million qualifies a person as wealthy, but wealth is also for a great part in the eye of the beholder.
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Indeed, the annual Schwab survey found that respondents are lowering the bar for what they consider wealthy. Compared to 2021 standards, respondents to the 2020 survey described the threshold for wealth as being a net worth of $2.6 million.
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About the author
Bangkok Correspondent for Siam News Network. Editor at Thailand Business News