1% Richest… Be in that Group.. Go Level by Level.
There can be many goals you have set to increase your net
worth. How about becoming the 1% of the richest population pool of the country
you live in. Let’s take it Level by Level. I live in India and my study will be
focused from here.
India is a developing nation, which means it is still poor.
With lots of mouth to feed becoming rich here is tough for the general
population, but easy for the salaried tax paying population. If you net worth
is 45 Lakh rupees, then you are one among the 1.38 Crore of the wealthiest
Indians in India.
Once this is achieved, your could have the goal to move to
the 1% richest of China. If you have a net worth of 6.33 Crore rupees, Then you
are one amount the 1.40 Crore of the wealthiest Chinese in China. This seems
difficult. But can be achieved over a period of good investing.
In case you have crossed the Chinese level. Then you could
think of moving to Japan’s 1% richest. If you have a net worth of 11 Crore
rupees, you are one amount the 12.58 Lakh of the wealthiest Japanese in Japan. Yes it is tough. But still possible. Right?
Moving from Japan. What could be the next level. To be 1% of
the richest in UK. If you have a net worth of 14 Crore rupees, then you are one
amount the 6.72 lakh of the wealthiest Brits in UK.
If you have achieved UK, then Germany is just a small step. If
you have a net worth of 15 Crore rupees, then you will be among the 8.32 lakh
of the wealthiest Deutsche (Germans).
Next step could be tough and truly a big leap. You need to own
a good business or your ancestral wealth to achieve this. Or you should have
the IQ of Buffet or Munger or Rakesh Junjunwala or many more. We consider the
richest nation now. The USA. If you have 32.8 crore rupees of net worth, you
can be 1 amount the 1% wealthiest citizen (32.95 lakh) of USA.
Then we go to the richest 1% nation in the world. Monaco. Guess
everyone is richer than the 1% richest average of India. It can just be a
mythical example. But we proceed. If you have 58.8 crore rupees, you will be
amount the 393 people of Monaco (1% population).
What could be the final Level. Being 1% of the wealthiest
population of the world. If you have a net worth of 62 crore rupees, you could
be part of the 7.76 crore of the 776 crore population of the world. Yes that’s an
elite group. Strive to be there. Its not impossible.
Net worth Journey can be
45 Lakh INR --> 6.33 Crore --> 11 Crore --> 14 Crore --> 15 Crore --> 32.8 Crore --> 58.8 Crore --> 62 Crore --> Then your wish..
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