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Generic FYI . . . the median income for the top 1% of the world is $32K.

That’s top 1%. Not the median income overall.

I suspect someone has overestimated the number with $5M liquid assets.

Lutnick already has a list of 250K applicants

Numbers of US dollar millionaires by country
per UBS (2024)^[3]
Country or subnational area	Number of millionaires	Percentage of millionaires (% of adult population)
United States	21,951,319	8.5
Mainland China	6,013,282	0.6
France	3,168,031	5.8
United Kingdom	3,061,553	5.8
Japan	2,827,956	2.7
Germany	2,820,819	4.1
Canada	1,991,416	6.3
Australia	1,936,114	9.5
Italy	1,338,142	2.7
South Korea	1,295,674	3.1
Netherlands	1,231,625	8.7
Spain	1,180,703	3.1
Switzerland	1,054,293	15.7
India	868,660	0.1
Taiwan	788,799	3.8
Hong Kong SAR	629,155	10.5
Sweden	575,426	6.8
Belgium	564,666	6.0
Russia	381,726	0.3
Brazil	380,585	0.2
Saudi Arabia	351,855	1.5
Singapore	333,204	7.9
Mexico	331,538	0.4
Norway	253,085	5.9
United Arab Emirates	202,201	2.8
Israel	179,905	2.7
Indonesia	178,605	0.1
Portugal	171,797	2.0
Thailand	100,001	0.2
South Africa	90,595	0.2
Chile	81,274	0.6
Turkey	60,787	0.1
Kazakhstan	44,307	0.3
Qatar	26,163	1.2
Hungary	24,692	0.3