QUOTE(MiLKTea @ Jun 12 2022, 11:44 PM)
Vast majority of Malaysians aren't rich. Official income statistics already show T20 median household is Rm12k. Let me remind you it says MEDIAN. This means to qualify to T10, you need a minimum of RM12k as well. Then you can look at EPF statistics and see the same thing.
If you don't want to take in government official statistics, we take a look at Bloomberg's. To qualify for T1 (top 1%), you only need a minimum NET WORTH of USD540k (RM2m+ approximately). It only take Rm2m net worth to be T1. I'm gonna make a guess it won't take a lot to be T20.
https://thepropertytimes.my/2021/02/25/mala...ther-countries/
TLDR - Many Malaysians are poor
This post has been edited by trojandude: Jun 13 2022, 04:20 AM
Jun 13 2022, 04:18 AM

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