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šŸ”„ If your net worth is over USD 1 Mio, you are already in the Top 8.5% of the HK population


šŸ“Š UBS just published a report that there were 629k people in HK that own more than USD 1 Mio net asset value.



( ā­ Useful statistics for Private Bankers to hunt for new clients or to check whether your client pool is big enough)



If your property is paid off with value over USD 1 Mio, you are already in the top 8.5% bracket!




šŸ¦ The FS industry in HK employs about 270k people in 2022.



Referring to my previous article, anyone who earns more than HK$ 1 Mio will easily save up to USD 1 Mio Net worth in 10-15 yearsā€™ time.



šŸ’” How do you achieve to be the top 8.5% in HK?



1)Ā Land a high paid job with monthly salary of HK$77k


Ā (assuming 12 months + 1 month bonus)



2)Ā Run a business or have a side gig that generates over HK$ 1 mio




šŸ® How do you land a high paid job?



šŸšØ šŸšØ Pick a lucrative industry!



-Ā Ā Ā Ā Ā Ā FS Industry (Banking/PE/Asset Mgnt/VC)


-Ā Ā Ā Ā Ā Ā Legal


-Ā Ā Ā Ā Ā Ā Doctor


-Ā Ā Ā Ā Ā Ā Government Officials


-Ā Ā Ā Ā Ā Ā C levels


-Ā Ā Ā Ā Ā Ā Start Up that eventually get listed and you hold stock options


-Ā Ā Ā Ā Ā Ā Sales



šŸ§  What do you think?



What other ways that you believe can put us in the high income bracket?



I would love to hear your thoughts!



āœØ For more career & personal growth tips, please visit my site at



Ā 


I wrote a guide on:



šŸ“ Fixing your CV & LinkedIn in 1 Day:




šŸ”„ Negotiate for salary increase or promotion!




šŸ“Š Interview Preparation For Success:




šŸ“ˆ JUPAS University Interview Admission Tips


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