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Japan’s Number of Big Earners Decreases

Submitted by Bill Belew on Tuesday, 27 June 2006No Comment

The number of people in Japan who are considered ‘big earners’ decreased during Japan’s decade plus recession.

A big earner in Japan is someone who makes more than 10 million yen. I’ll call that about $100,000 but it’s acutally a little less.

The number of big earners in Japan peaked in 1993 with about 130,000 people making more than $100K with the 100th person from the top in the list made just over $3.1 million.           

The number 100 earner was higher in 1992 at about $3.25 million.

2003 was Japan’s worst year for high earners with ONLY about 75,000 people going over the $100K mark and number 100 taking in $2.9 million.

The lowest income for number 100 was in 1999 at about $2.5 million.

Since 2004, however, Japan is on a rebound with 76,000 going over $100K and number 100 taking in $3.19 million.

With Japan’s economy on the rebound, surely there will be more and more $100K rice earners.

What do you think?

And then, Japan might catch up with the number of $100K earners in Silicon Valley.

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