Individuals with Net Worth over $50 Million
Net worth is the value of all the non-financial and financial assets owned by an institutional unit or sector minus the value of all its outstanding liabilities. Net worth can apply to companies, individuals, governments or economic sectors such as the sector of financial corporations or to entire countries
USA : 38,500
China : 13,940
South Korea: 2,610
For individuals, net worth or wealth refers to an individual’s net economic position, the value of the individual’s assets minus liabilities. Examples of assets that an individual would factor into their net worth include retirement accounts, other investments, home(s), and vehicles. Liabilities include both secured debt (such as a home mortgage) and unsecured debt (such as consumer debt or personal loans).
Typically intangible assets such as educational degrees are not factored into net worth, even though such assets positively contribute to one’s overall financial position.
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