What is considered upper class in Mexico?

According to a report from Mexico’s National Institute of Statistics and Geography (INEGI) Mexico’s elite upper class includes 1,340,000 people or 1.7 percent of all the country’s inhabitants.

Where do the upper class live in Mexico?

Polanco is often called the “Beverly Hills of Mexico”, having one of the country’s densest concentrations of luxury shopping, with the most Michelin-starred restaurants, high-net-worth individuals, upscale hotels, and diplomatic missions and embassies.

What is considered to be rich in Mexico?

By some standards, and in some places in Mexico, earning $700 or $800 USD a month would be considered, if not rich, at least quite comfortable. But in other places, and by other standards, $10,000 USD per month might not be considered “rich.” Mexico is a country with a very wide gap between the richest and poorest.

Does Mexico have a strong middle class?

42.2 percent of the nation’s households can be categorized as middle class, which amounts to 39.2 percent of Mexico’s population. In urban areas, the middle class is a majority of households, at 50.1 percent, which covers 47 percent of the population.

How big is the upper class in Mexico?

According to a report from Mexico’s National Institute of Statistics and Geography (INEGI) Mexico’s elite upper class includes 1,340,000 people or 1.7 percent of all the country’s inhabitants.

What was the most powerful social class in Mexico?

This was the topmost social class in the Mexico social hierarchy. These were the people who were Spanish officials and ruled the Mexico. They were the richest and most powerful social class of Mexico.

Are there any middle class people in Mexico?

Mexico’s middle class, however, has not fared as well as the country’s billionaires. According to a Forbes report, in 2013 “Carlos Slim from Mexico clocked in with a net worth $4 billion more than a year ago and is the world’s richest man for the fourth year in a row,…

Who was the Spanish ruling class in Mexico?

Criollos. These were people of true Spanish plunge and were born in the America. They possessed little Mexico Political power but were equipped with great economic and wealth influence in Mexico. After the exclusion of the Spanish people – the Peninsulares from Mexico, Criollos became the ruling class of Mexico.