Wednesday, January 11, 2012

How do the rich earn their livings?

An interesting post from Greg Mankiw's blog:
of the Top 0.1% earners of the polulation:
  • 18 percent are financial professionals.
  • 42 percent are executives, managers, or supervisors in nonfinancial businesses. More than half of those are in closely-held (presumably often small) businesses.
  • 7 percent are lawyers.
  • 6 percent are in medicine.
  • 3 percent are in arts, media, or sports.
  • Less than 1 percent are professors or scientists.  :(

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