What are the types of wealth?

Answer 1

There are typically 3 types of wealth which include the following: low upper class, mid upper class, and high upper class. Now the extent to what type of income a household would have in order to be categorized in each can be but is not limited to the following:

Low Upper Class:

Typically doctors and lawyers making upwards between $100,000 and $300,000 a year.

Mid Upper Class:

Typically business executives, doctors, and lawyers making between $300,000 and $1,000,000 a year.

High Upper Class:

Typically business executives, founders, and such making over $1,000,000 a year.

Although these numbers might not be 100% accurate it gives you a rough idea of the calibers of wealth in the society that we live in. Also I say this because when comparing people who make $1,000,000 a year to billionaires who profit $800 million a year it seems as if a fourth category should be added to place them because of the massive difference.