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May 30, 2023 · Net worth is a term that represents what someone is worth when you add up all of their liabilities and weigh them against all of their assets. In simpler terms, you can think of net worth as being the difference between what you own and what you owe to your creditors. So why does a person’s net worth matter? It’s simple.
Sep 29, 2020 · What is Net Worth? Net worth refers to the total value of an individual or company expressed as total assets less total liabilities.
the value of the assets and money that a person or business has, after their debts are taken away: He is one of Britain's richest people, with a net worth of about £70 million. See also.
