An income of $35,000 would put you at around 60 percent in China, so roughly in the upper middle.
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India is similar to China as far as the 1 percent goes. In India, it takes more than $87,000 to make the 1 percent, according to the most recent figures available from the World Top Incomes Database. It's unclear where $35,000 a year would get you, but the top marginal tax rate in India starts at income of around $16,000 per year. So clearly, you'd be in the upper middle or better with $35,000 a year.
But as we all know, wealth is relative to those around you—and the costs of the country and city or town that you live in. Even Konheim would admit that $35,000 may go a long way in rural India or China, but it would be a struggle in many parts of the U.S.
—By CNBC's Robert Frank. Follow him on Twitter @robtfrank.