If the poverty threshold for a household of four is $20,000 and the rockefeller family of four has an income of $24,000, then the rockefellers are classified as:________

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25-07-2022
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If the poverty threshold for a household of four is $20,000 and the rockefeller family of four has an income of $24,000, then the rockefellers are classified as:________

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okpalawalter8 okpalawalter8 · Answer 1 · 2022-08-05T18:16:42+02:00

If the poverty threshold for a household of four is $20,000 and the Rockefeller family of four has an income of $24,000, then the Rockefellers are classified as near poor (ratio of 1.2). This is further explained below.

What is the Rockefeller family?

Generally, For example, if the poverty line for a four-person household is $20,000, and the Rockefellers make $24,000, they are considered near-poor (ratio of 1.2).

In conclusion, Whatever remained of the money amassed by the Rockefeller family has been stowed away in charitable trusts or distributed among the family's hundreds of relatives. Forbes estimates that the aggregate net worth of the clan in 2020 was $8.4 billion, which is equivalent to £6.1 billion, however, this number may be on the low end of what is really possible.