Top 1% is (based on <a href="http:&#x2F;&#x2F;money.cnn.com&#x2F;calculator&#x2F;pf&#x2F;income-rank&#x2F;" rel="nofollow">http:&#x2F;&#x2F;money.cnn.com&#x2F;calculator&#x2F;pf&#x2F;income-rank&#x2F;</a>) &gt;$400k &#x2F; year income. The billionaires this article talks about are in much, much higher brackets - maybe something like top %0.01<p>* P.S. based on another source [<a href="https:&#x2F;&#x2F;www.washingtonpost.com&#x2F;news&#x2F;get-there&#x2F;wp&#x2F;2015&#x2F;01&#x2F;26&#x2F;what-the-top-1-percent-makes-in-every-state&#x2F;" rel="nofollow">https:&#x2F;&#x2F;www.washingtonpost.com&#x2F;news&#x2F;get-there&#x2F;wp&#x2F;2015&#x2F;01&#x2F;26&#x2F;...</a>], it&#x27;s state-dependent and the highest I see is $678k in CT