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The World’s Largest Megaprojects

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Before a megaproject gets the nod to go ahead, a very unique set of circumstances must first be considered.

There is no blueprint or shortcut for building a world-changing megaproject. In fact, each one must be designed and built from the ground up, often amidst considerable amounts of red tape and criticism. Builders of megaprojects embrace the unknown, even when faced with incredible amounts of risk and massive cost overruns.

At the same time, successful megaprojects can accomplish things that have never been done before. They can be pinnacles of human achievement, and spectacles such as the International Space Station and the U.S. Interstate Highway System have already changed the world.

The World’s Largest Megaprojects

This infographic from Futurism details nine of the world’s largest megaprojects currently in construction.

They range from giant $64 billion theme parks (Dubailand) to massive canals that will take 48 years to build (South-North Water Transfer Project in China).

The World's Largest Megaprojects

Here are the nine largest megaprojects in construction right now, in order from most to least expensive:

1. International Space Station – $150 billion (as of 2010)
The most expensive single item ever built. Expansions beyond 2020 are estimated to eventually cost $1 trillion.

2. Al Maktoum International Airport – $82 billion
This airport in Dubai will be fully operational by 2018. It will be the world’s largest in terms of size and passenger volume – so big that four jets will be able to land simultaneously.

3. South-to-North Water Transfer Project – $78 billion (as of 2014)
Thought the Three Gorges Dam was massive? This other Chinese megaproject is already nearly three times as expensive – it aims to divert water from the Yangtze River using three huge canals to bring it to the north of the country.

4. California High-Speed Rail – $70 billion
Spanning 1,300 km (808 mi), this will link San Francisco to Los Angeles.

5. Dubailand – $64 billion
This mega theme park project will open in 2025 in Dubai. It will also have the world’s largest hotel (6,500 rooms), sports venues, eco-tourism, science attractions, and a giant mall.

6. London Crossrail Project – $23 billion
London is expanding its underground system, with 42 km (26 mi) of new tunnels to connect 40 stations. Everything will be complete by 2020.

7. Beijing Daxing International Airport – $13 billion
Opening in 2025, this airport megaproject will have seven runways and the largest terminal in the world. It will help ease the load on nearby Beijing Capital International Airport.

8. Jubail II – $11 billion
The second phase of development of the Jubail Industrial City in Saudi Arabia will add 100 industrial plants, an oil refinery, and one of the bigger desalination plants in the world.

9. Hong Kong-Zhuhai-Macao Bridge – $10.6 billion
A series of bridges and undersea tunnels to link the three major cities on the Pearl River Delta in China. Ultimately, it will be 50 km (31 mi) of links, opening sometime beyond 2021.

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United States

Mapped: How Much Does it Take to be the Top 1% in Each U.S. State?

An annual income anywhere between $360,000-$950,000 can grant entry into the top 1%—depending on where you live in America.

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A cropped map of the U.S. listing the annual income needed to be in the top 1% in each state.

How Much Does it Take to be the Top 1% in Each U.S. State?

There’s an old saying: everyone thinks that they’re middle-class.

But how many people think, or know, that they really belong to the top 1% in the country?

Data from personal finance advisory services company, SmartAsset, reveals the annual income threshold at which a household can be considered part of the top 1% in their state.

Some states demand a much higher yearly earnings from their residents to be a part of the rarefied league, but which ones are they, and how much does one need to earn to make it to the very top echelon of income?

Ranking U.S. States By Income to Be in the Top 1%

At the top of the list, a household in Connecticut needs to earn nearly $953,000 annually to be part of the one-percenters. This is the highest minimum threshold across the country.

In the same region, Massachusetts requires a minimum annual earnings of $903,401 from its top 1% residents.

Here’s the list of all 50 U.S. states along with the annual income needed to be in the 1%.

RankStateTop 1% Income
Threshold
Top 1% Tax Rate
(% of annual income)
1Connecticut$952,90228.40%
2Massachusetts$903,40127.15%
3California$844,26626.95%
4New Jersey$817,34628.01%
5Washington$804,85325.99%
6New York$776,66228.29%
7Colorado$709,09225.86%
8Florida$694,98725.82%
9Illinois$660,81026.35%
10New Hampshire$659,03726.25%
11Wyoming$656,11824.79%
12Virginia$643,84826.11%
N/ANational Average$652,657N/A
13Maryland$633,33325.94%
14Texas$631,84925.83%
15Utah$630,54423.77%
16Minnesota$626,45125.53%
17Nevada$603,75125.19%
18South Dakota$590,37322.99%
19Pennsylvania$588,70224.95%
20North Dakota$585,55624.76%
21Georgia$585,39725.06%
22Oregon$571,81324.66%
23Arizona$564,03125.22%
24Idaho$560,04023.17%
25North Carolina$559,76225.31%
26Montana$559,65624.46%
27Kansas$554,91225.03%
28Rhode Island$548,53125.26%
29Tennessee$548,32925.12%
30Alaska$542,82425.38%
31Nebraska$535,65124.10%
32Delaware$529,92825.37%
33Vermont$518,03923.63%
34Wisconsin$517,32124.90%
35South Carolina$508,42724.40%
36Michigan$504,67125.01%
37Maine$502,60524.04%
38Missouri$500,62624.93%
39Ohio$500,25325.09%
40Hawaii$495,26324.12%
41Iowa$483,98524.09%
42Indiana$473,68524.55%
43Alabama$470,34123.82%
44Oklahoma$460,17223.68%
45Louisiana$458,26924.80%
46Arkansas$450,70021.11%
47Kentucky$445,29424.14%
48New Mexico$411,39523.35%
49Mississippi$381,91923.04%
50West Virginia$367,58223.26%
N/ANational Median
Household Income
$75,000N/A

California ($844,266), New Jersey ($817,346), and Washington ($804,853) round out the top five states with the highest minimum thresholds to make it to their exclusive rich club.

On the other end of the spectrum, the top one-percenters in West Virginia make a minimum of $367,582 a year, the lowest of all the states, and about one-third of the threshold in Connecticut. And just down southwest of the Mountain State, Mississippi’s one-percenters need to make at least $381,919 a year to qualify for the 1%.

A quick glance at the map above also reveals some regional insights.

The Northeast and West Coast, with their large urban and economic hubs, have higher income entry requirements for the top 1% than states in the American South.

This also correlates to the median income by state, a measure showing Massachusetts households make nearly $90,000 a year, compared to Mississippians who take home $49,000 annually.

How Much Do the Top 1% Pay in Taxes?

Meanwhile, if one does make it to the top 1% in states like Connecticut and Massachusetts, expect to pay more in taxes than other states, according to SmartAsset’s analysis.

A chart showing how states with the top highest and lowest average tax rates for their top 1% residents.

The one-percenters in the top five states pay, on average, between 26–28% of their income in tax, compared to those in the bottom five who pay between 21–23%.

And this pattern exists through the dataset, with higher top 1% income thresholds correlating with higher average tax rates for the wealthy.

State RanksMedian Tax Rate
Top 1026.65%
20-3025.09%
30-4024.65%
10-2025.07%
40-5023.75%

These higher tax rates point to attempts to reign in the increasing wealth disparity in the nation where the top 1% hold more than one-third of the country’s wealth, up from 27% in 1989.

Where Does This Data Come From?

Source: SmartAsset’s America’s Top 1% Is Different in Each State uses data from 2020 individual tax filings from the IRS, adjusted to 2023 dollars using the Bureau of Labor Statistics’ Consumer Price Index.

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