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Comment by jjar | Hacker News Reader

https://www.visualcapitalist.com/migration-of-millionaires-w...

This one?

That graphic shows ~44k HNWI emigrating, and ~20k HNWI immigrating. I skimmed the underlying text and didn't see an explanation, so are we to assume the other ~24k HNWI immigrated to the rest of the world's countries in relatively low numbers per country?

I suppose another answer might be that it's easier to track HNWI leaving countries than it is to track them entering other countries?

High net worth individual is >$1M seems low.

I mean the Portugal number are clearly due to it's Golden Visa which is for retired people.

Having $1M in assets (house included) isn't that rare at retirement.

Tell me you're from a high-tech city (probably SF) and work in software, without telling me you're from a high-tech city :)

While funny, California as a whole has (according to Wiki) 8.5% of million dollar net worth families. There are almost 10million of them in the US. That's on the order 1 in 10 people belonging to a family in that bracket in the US and thus a whole bunch of people. So that's not really just some tech bro's in the valley...

But I think when you extend the sample to the spectrum of all humanity (as the infographic does), $1 million USD becomes quite clearly a fitting benchmark of wealth.

In the spectrum of humanity, "high net worth" would be much less than $1M USD.

Yes, that's it.

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