It Takes $500,000 to Make Top 1% in U.S., Five Times China Level

Feb.11 -- Since Occupy Wall Street popularized the term the “top 1%”almost a decade ago, inequality has surged, and this exclusive group has only gotten richer and more influential. Yet the top 1% covers a wide span, from prosperous professionals to billionaires with more wealth than many nations. And the difficulty of making the cut varies greatly depending on where you live. On "Bloomberg Money Undercover", Bloomberg's Lisa Abramowicz and Reade Pickert discuss the report.