What is the common definition for economic richness of a person? When can you say John Doe (hypothetical name) is rich (objectively)?

Strictly economically speaking, no philosophical debate.

  • 1
    $\begingroup$ Is Steve Job rich? But his wealth is not enough to bring a cure to his cancer. $\endgroup$
    – mootmoot
    Jul 27 '18 at 7:17

There is no commonly-accepted definition. Different countries and different organizations within a country will have different definitions.

For example, the African Development Bank defines the rich to be those with "per capita consumption levels" of >\$20 per day (2005 PPP).

That would be around or below the poverty line in most developed countries. For example, the 2018 US federal poverty line for an individual is \$12,140 per annum or \$33.26 per day.

  • 3
    $\begingroup$ And even those are measures of income rather than wealth $\endgroup$
    – Henry
    Jul 25 '18 at 7:49

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