According to CNBC, about 39% of worldwide income is earned by the top 1%. Moreover, 29% of their money comes from investments, which can be considered passive income.
However, the top 0.1% of income holders of the world are much more dependent on investments; they rely on them for a staggering 35 percent of their income.
Hence, passive income is money you can earn that does not demand much active work. You only need to give some additional effort to earn from sources of passive income..
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