Actually its not that difficult to be in the 1%. Our account has to read the wealth reports of RBC, Credit Suisse and Forbes on regular basis and if I remember rightly the top 1% is actually about 70 million people with assets (after deducting debt) over (could it be as little as $1m - this could be wrong?). I think the Credit Suisse one is the most accurate. Huge amount people on GFY fall into that category and there are also many who will be way higher up the pyramid.
It going to end very badly because they are under attack, even recently:
Obama Proposes New Tax Increases on Wealthy to Help Middle Class - Bloomberg