The Malaysia rich list is based on salary data from Payscale and MIDA. The grouping of the income group is based on World Bank Data & Research. The Malaysia population data is obtained from CIA - The World Factbook.
Here's the list of data sources:
| 1) Annual Income gathering from: | Payscale & MIDA |
| 2) Income grouping by annual income: | World Bank Data & Research |
| 3) Total Malaysia population: | CIA - The World Factbook |
The Malaysia rich list is calculate using the break down of annual income for different income groups, in this
way, we can ensure the exact percentage and calculate accurately according to the group. Which mean if your annual income falls into different group income, the calculation will be based on the income group percentage to rank you in the Malaysia rich list.
Below is the break down of annual income and group:-
| Income group percentage | Individual annual income (MYR) | ||
 |
|||
| Below 10 percent | < ~1,200 | ||
| Below 20 percent | < ~1,700 | ||
| Below 50 percent | < ~2,800 | ||
| Below 85 percent | < ~7,200 | ||
|
|||
| Above 10 percent | > ~84,000 | ||
| Above 5 percent | > ~112,000 | ||
| Above 1 percent | >~156,000 | ||
Sources: Department Of Statistics Malaysia
Salaries & wages paid increased by RM91.3 million or 4.7% in November, 2007 compared with RM1,938.0 million spent a year ago. The total amount paid in November, 2007 was 0.8% or RM15.6 million higher than RM2,013.7 million spent in October, 2007.
Disclaimer:
The Malaysia rich list has no guarantee, explicit or implied, is made regarding their accuracy or suitability to a specific purpose. It was intended as a guideline. Million Ringgit Homepage and the owner of this domain assumes no liability for the use of the application and the information generated.
