Legal Blog
Read Delete: How Rich Is Rich?
A recent poll revealed that the definition of rich differs. The results found that Americans believe an annual income between $90,000 and $100,000 is necessary to be considered rich. 76% of respondents agreed that an income of $10,000 is considered poor. The survey also asked how rich or poor they would consider themselves. 64% responded that they are neither.
Source: Statista
ABOUT MIKE MERCURIO
Mike Mercurio | mmercurio@offitkurman.com | 301-575-0332 | Biz Tek Today
Mr. Mercurio is a Principal Attorney of the Business Law and Transactions Practice Group. He serves as outside general counsel to clients on matters related to corporate and business law, commercial transactions, government contracting, healthcare, construction services, and real estate. As a strategic partner to firm clients, Mr. Mercurio regularly counsels entrepreneurial individuals and assorted entities on all aspects of business and commerce including formation and structure; ownership, management, and control; financing and capital; expansion and acquisition; sale and transfer; and contraction and dissolution.
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