France has 4.5 million “rich”, according to observatory of inequalities

The association has created its own wealth threshold, with a income level set at 3,673 euros per month for an adult alone. This method designates a favored tranche of 7.3 % of the population.

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Who is rich, in France? Modesty often prevents it from admitting it for oneself and it is always another, the one that wins more. For the observatory of inequalities which publishes, this 1 er June 2022, two years after the first edition, its new report on “Les Riches in France”, France has 4.5 million, or 7.1 % of the population.

“The public of the rich is little studied, notes Louis Maurin, founder and animator of this association. There is indeed a poverty line, with indicators of material deprivation: why INSEE would not publish a wealth threshold or wealth or wealth or wealth or wealth or wealth or wealth or Fortune with wealthy living indicators, as exists in Germany? “He questions. The observatory of inequalities therefore created its wealth threshold, twice the median salary, or 3,673 euros per month (including social benefits and deducted taxes) for an adult alone, 5,511 euros for two adults and 7,713 euros for A family with two children under the age of 14, according to their 2022 scale on the basis of 2019 income.

The threshold of 3,673 euros, chosen by the observatory of inequalities, may seem low, closer to ease than wealth, but that of the richest 10 % is below, at 3,328 euros per month; For the richest 5 %, it is 4,156 euros; For 1 % (630,000 people), at 7,180 euros; at 17,538 euros for 0.1 %; and at 54,497 euros per month for 0.01 %. For comparison, 7.3 % of Germans live with more than 4,052 euros per month, for a single person, an amount close. 2> “Imperfect tool”

“The tool of” wealth threshold “is imperfect and does not take, for example, not into account the weight of the accommodation, no more elsewhere than the poverty line, points out Mr. Maurin. The situation of ‘An owner who has already reimbursed his credit has nothing to do with that of a tenant with a heavy rent or a young token. “To define the wealth, he believes,” it would be necessary to enrich this Concept of threshold of living conditions indicators, for example having a second home, go on vacation abroad, employing staff, as well as the poverty line is already assets a list of material deprivation like not Go on vacation, have to skip meals or give up care … “

The proportion of 7.1 % of the well -endowed population, according to the calculations of Pierre Madec, economist at the French Observatory of Economic Conditions, is also in decline. It was 8.6 % of 2010, and 745,000 “rich” therefore evaporated. “For them, the highest period seems to be over, analyzes Anne Brunner, director of studies of the observatory of inequalities. The standard of living of 10 % of the wealthiest people had increased almost without interruption between 1998 and 2008, with a Average annual gain of 13,000 euros over the period “, an increase of 27 % of their income, much greater than that of the middle and popular classes. Then, the 2008 financial crisis interrupted this golden age and, in 2019, the richest 10 % find the same standard of living as in 2009.

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/Media reports.