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Net worth is the value of all the non-financial and financial assets owned by an individual or institution minus the value of all its outstanding liabilities. [1] Financial assets minus outstanding liabilities equal net financial assets, so net worth can be expressed as the sum of non-financial assets and net financial assets.
El Neto was born on 6 April 1989 [2] and started his criminal career before he reached adulthood. [3] In 2009, authorities in the Mexican state of Chihuahua arrested him in connection with 30 kidnappings, including a judge. [4] On 14 December 2010, he was sentenced to 224 years in prison. [5]
Countries by total wealth, 2022 (2023 publication) National net wealth, also known as national net worth, is the total sum of the value of a country's assets minus its liabilities.
Net asset value is commonly used in the context of open-end funds. Shares and interests in such funds are not traded between investors, but are issued by the fund to each new investor and redeemed by the fund when an investor withdraws.
Each cash inflow/outflow is discounted back to its present value (PV). Then all are summed such that NPV is the sum of all terms: = (+) where: t is the time of the cash flow; i is the discount rate, i.e. the return that could be earned per unit of time on an investment with similar risk
In business and accounting, net income (also total comprehensive income, net earnings, net profit, bottom line, sales profit, or credit sales) is an entity's income minus cost of goods sold, expenses, depreciation and amortization, interest, and taxes for an accounting period.
Ernesto Fonseca Carrillo (August 1, 1930), commonly referred to by his alias Don Neto, is a Mexican drug lord and former leader of the Guadalajara Cartel, a defunct criminal group based in Jalisco. He headed the organization alongside Miguel Ángel Félix Gallardo , and Rafael Caro Quintero .
Ranking in France Name Age Net worth () Sources of wealth 1 Bernard Arnault & family : 74 211 billion LVMH: 2 Françoise Bettencourt Meyers: 70 80.5 billion L'Oréal