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  2. Net worth - Wikipedia

    en.wikipedia.org/wiki/Net_worth

    On reading the balance sheet, if the accumulated losses exceed the shareholder's equity, net worth becomes negative. Net worth in this formulation does not express the market value of a firm; a firm may be worth more (or less) if sold as a going concern, or indeed if the business closes down. Net worth vs. debt is a significant aspect of ...

  3. High-net-worth individual - Wikipedia

    en.wikipedia.org/wiki/High-net-worth_individual

    The U.S. Securities and Exchange Commission requires all SEC-registered investment advisers to periodically file a report known as Form ADV. [14] Form ADV requires each investment adviser to state how many of their clients are "high-net-worth individuals", among other details; its Glossary of Terms explains that a "high-net-worth individual" is a person who is either a "qualified client" under ...

  4. Wealth - Wikipedia

    en.wikipedia.org/wiki/Wealth

    Net worth is defined as the current value of one's assets less liabilities (excluding the principal in trust accounts). [ 2 ] At the most general level, economists may define wealth as "the total of anything of value" that captures both the subjective nature of the idea and the idea that it is not a fixed or static concept.

  5. Elon Musk's net worth tops $400 billion, Forbes billionaires ...

    www.aol.com/news/elon-musks-net-worth-tops...

    His net worth was also boosted by an insider share sale of SpaceX, which Musk heads. The rocket company and its investors agreed to purchase as much as $1.25 billion of its common shares ...

  6. Net (economics) - Wikipedia

    en.wikipedia.org/wiki/Net_(economics)

    For example, net income is the total income of a company after deducting its expenses—commonly known as profit—or the total income of an individual after deducting their income tax. Profit may be broken down further into pre-taxed or gross profit and profit after taxes or net profit.

  7. How Much Is Microsoft Worth? - AOL

    www.aol.com/finance/much-microsoft-worth...

    Microsoft was born in an Albuquerque garage in 1975. Co-founders Bill Gates and Paul Allen wanted to create software to run on an early personal computer known as the Altair 8800. The name ...

  8. This Is the Average Net Worth for U.S. Adults Age 45 to 54 - AOL

    www.aol.com/average-net-worth-u-adults-121500828...

    Those in the top 10%, for example, have a staggering $7.8 million average net worth, while the mid- to upper-range net worth falls between $300,000 and $400,000. Percentile Average Net Worth

  9. Billionaire - Wikipedia

    en.wikipedia.org/wiki/Billionaire

    It is a sub-category of the concept of the ultra high-net-worth individual. The American business magazine Forbes produces a global list of known U.S. dollar billionaires every year and updates an internet version of this list in real time. [1] The American oil magnate John D. Rockefeller became the world's first confirmed U.S. dollar ...