https://www.theedgemarkets.com/article/stat...pfs-t20-members

malehsians are poorer than most expected.

Where did you get Singapore or US income number to be so high?

I googled, but your numbers seem extremely high, hence, I am asking for your source.

For Americans, the top 1% salary seems to be around $300k. Taking $600k (household) divided by average household number = 2.6 --> 2 (rounding down to account for children)

Where as for Singapore, they do not have an official number, but we can make some assumptions, like top 14% of households will be $240k.

Take top 1% (240k x 2.5, following US trend), we can assume that S$600k per household (1%). Average household in Singapore is 3 (rounding down equally with US, gets 2.3).

That will bring us to average of S$260k to crack 1%

Feel free to discuss

https://www.pewresearch.org/fact-tank/2019/...%203.4%20people.

https://www.statista.com/statistics/625305/...03.15%20persons.

https://blog.seedly.sg/average-singaporean-...d-income-stand/

https://smartasset.com/data-studies/what-it...1-by-state-2022

Yes, you are interested in the top 1% for an individual, hence I calculated that number for you.

You were using the wrong number for an individual.

I googled, but your numbers seem extremely high, hence, I am asking for your source.

For Americans, the top 1% salary seems to be around $300k. Taking $600k (household) divided by average household number = 2.6 --> 2 (rounding down to account for children)

Where as for Singapore, they do not have an official number, but we can make some assumptions, like top 14% of households will be $240k.

Take top 1% (240k x 2.5, following US trend), we can assume that S$600k per household (1%). Average household in Singapore is 3 (rounding down equally with US, gets 2.3).

That will bring us to average of S$260k to crack 1%

Feel free to discuss

Ah yes, this is indeed a good data point.

Singapore however has disproportionate amount of foreigners at their 1% as they are the regional hub for SEA, and Asia.

I read in FT before that 30%++ of the top income earners are foreigners, but I cannot find the source.

So, thanks for the data point.

8th round reauction.
Drop from 800K.

Malaysian is poorer than most expected.