What It Is and How to Calculate It
What Is Net Worth?
Net worth is the value of assets an individual or corporation owns minus the liabilities they owe. It’s an important metric to gauge a company’s health, providing a useful snapshot of its current financial position.
The term “net worth” is used in the financial world to qualify certain individuals for particular investment strategies or financial products such as hedge funds, structured products, or other complex or alternative investments. Net worth is sometimes referred to as net wealth. It has also become a fixation of popular culture with lists ranking the people with the highest net worth as well as the net worth of various celebrities.
What Is My Net Worth?
Your net worth is the value of all…
