Posted inQuestion about Japan
How much is considered rich in Japan?
This article explores the concept of wealth in Japan and how much money is considered to be “rich” in the country. It is generally accepted that having an annual income greater than 10 million yen (roughly $90,000 USD) would be considered wealthy by most Japanese standards, although this number may vary depending on individual circumstances. There are various factors which can affect someone's ability to achieve financial security within Japanese society, such as education level, job type, location, age, inheritance and investment opportunities. Despite its reputation for having a relatively even spread of income among its citizens, there are still some issues with inequality within Japanese society which contribute towards widening the gap between rich and poor individuals.